Warwickshire Leasehold Oriental Restaurant & Bar | | Undisclosed Warwickshire | | ORIENTAORIENTAL RESTAURANT & BAR WARWICKSHIRE REF: 8846CV ASKING PRICE: LEASEHOLD: £240,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 15085
ADVERT IMPRESSIONS : 37,859 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £240000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales have been instructed
to offer for sale this popular destination
restaurant which is arguably the finest
Oriental cuisine restaurant in the
Warwickshire area and could equally
challenge for national recognition.
Established by the vendors in early 2007, the
business is now reluctantly offered for sale
due to the vendor constant needs to
concentrate on their other business
commitments.
Since acquiring the premises in 2006, our
clients have totally transformed the premises
to high specification design and execution
which is coupled with style and finesse.
The total ground floor area has benefited
from an approximate £250,000 renovation
to confirm to an exacting premium standard.
The fully licence restaurant has a seating
capacity of 60 which includes a 20 cover
function room.
The restaurant offers an exciting range of
Oriental a La Carte menu. The extensive
stock of fine wines offered compliment the
business.
The food is all freshly prepared on site
offering good range of dishes to tingle all
tastes.
Customers regularly frequent the restaurant
as the standard of food and service is
exemplary.
Our clients have developed a website for
customers to post their comments which is
proving to be very useful for the longevity of
the business.
Some advertising is currently undertaken
with further advertising avenues currently
being explored.
We have been advised that the in the next
18 months, the expected turnover could
increase 100%.
There is a large 4 bedroom accommodation to
the first and second floor which is currently
used for staff quarters.
STAFF DETAILS
The business employs 3 full time chefs and 2
full time staff front of house, with the
vendors working part time.
TRADING HOURS
Mon-Sat 12 noon – 2.30pm
5.30pm – 11.00pm
EXPANSION POTENTIAL
This business offers excellent potential for
growth including:
1. Extending opening hours to include
Sundays
2. An owner manager would maximise
profits.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £208,000
Gross Profit: 50%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
This substantially sized premises decorated
and furnished to a high standard with the
added security of alarm, external CCTV and
fully air conditioned consists of the
following:
Ground Floor
Entrance with vestibule leading
into main 60 cover restaurant area
with hardwood flooring and
exceptional décor and lighting.
Modern bar area with customer
waiting area
W/C
Entrance to fully commercial
kitchen and preparation area to the
rear
Rear storage areas
Basement cellar
First Floor
Family lounge
Kitchen
Study
Second Floor
4 x double bedrooms
2 x W/C
2 x Shower room
External
Paved to front and side
TENURE: Leasehold
We are advised that the annual business
rates are currently: £13,000
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 8846CV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
