Popular 69 Cover European Restaurant Worcestershire | | Undisclosed Worcestershire | | POPULAR 69 COVER EUROPEAN RESTAURANT IN MAIN TOWN CENTRE Recently refurbished to high standards -55 covers additional 14 covers on 1st floor -ideal for private parties W/T: £4,000 GP: 70% Scope to extend L/H £65,000 +SAV REF: 9561WR | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 46418
ADVERT IMPRESSIONS : 22,314 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £65,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The restaurant has an excellent location surrounded by a mix of both commercial and residential properties and with popular local attractions virtually on the doorstep, they include the town’s theatre, race course, cricket ground and the river.
Next door to the premises is a reasonably large pay and display car park.
THE BUSINESS
Advent Business Sales is pleased to have been instructed to offer to the market this very well established and popular modern European restaurant with excellent future potential.
Founded in 1998 and owned by the present vendors for 5 years, the restaurant is only now being reluctantly offered for sale to enable them to pursue another unrelated business venture.
The restaurant has an excellent reputation for serving high quality a la carte food in a relaxed convivial atmosphere.
The restaurant has a policy of only using fresh ingredients in all the meals, which contributes in having a high repeat and referral trade from their many loyal customers.
The restaurant has 5 full time staff including the vendors and 5 part time who each work approximately 6 hours a week. They average circa £5,000 per week sales.
We are advised that stock at cost is approximately £5,000.
REF: 9561WR
TRADING HOURS
Mon-Fri: 12 – 2pm &
6pm – 10.30pm
Sat: 6pm – 10.30pm
Sun: closed
EXPANSION POTENTIAL
This is already clearly a successful business, it does however, still offer excellent scope to increase both sales and profits by:
1. Opening on Saturday’s all day instead of just the evening
2. Opening all day on Sunday’s
3. Convert the flat roof at the rear into an outside seating area
4. Offer takeaways and a home delivery service
5. Advertise more, especially leaflet drops
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £4,000
Gross Profit: 70%
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.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9561WR / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
