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Top Sheffield Asian Fusion Restaurant For Sale in South Yorkshire

Sheffield, South Yorkshire
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Highly rated Japanese Restaurant For Sale Photo 1
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Highly rated Japanese Restaurant For SaleHighly rated Japanese Restaurant For SaleHighly rated Japanese Restaurant For SaleHighly rated Japanese Restaurant For SaleHighly rated Japanese Restaurant For SaleHighly rated Japanese Restaurant For Sale
  • Status

    FOR SALE

  • Date Submitted:

    02/06/23

  • Advert ID

    514234

  • Reference

    B07367 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £69,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated Japanese Restaurant For Sale

Business
Please quote reference B07367

CoGoGo are delighted to welcome to the market a highly rated national Asian Fusion Restaurant in Sheffield.

The Asian Fusion restaurant was first established by our client in 2015, building up an excellent reputation and regular client base. As seen by the online ratings and reviews, the business is extremely popular. 

The business has now come to the open market due to our clients desire to pursue other business interest. 

After winning many awards with the sister restaurant Sakushi, our client decided he wanted to open a restaurant that could allow our chefs more freedom to create masterpieces and be experimental with a fusion of other cuisines.

All food is freshly-prepared, by hand, every day. They change their menu with the seasons and often have some delicious yet obscure specials many would not have tried before.

The Asian Fusion restaurant is known as one of the best restaurants in Sheffield and often frequented by Sheffield's most famous.

The Asian Fusion restaurant offers a full à la carte menu with a range of starters, tapas, sushi and mains. They also offer a two and three course menu experience, and is the best way to explore the menu and have full access to every dish. 

Key selling points -

  • High Footfall location
  • Repeat custom
  • Affluent area
  • Fully staffed
  • Alcohol licence in place. 
Scope to improve -

  • The business would ideally suit a hands on owner.


Location
The Asian Fusion restaurant is located on Ecclesall Rd in Sheffield. 

The business has eye catching signage and receives high levels of footfall and passing trade. 



Premises
  • Corner premises
  • Bespoke décor and lighting
  • 25 covers
  • Commercial kitchen  




Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £18,000 per annum..



Hours
The current trading hours are -

Monday to Tuesday – Closed
Wednesday to Sunday – 5:30pm – 11:00pm




Staff
We are advised that the business has 4 full-time members of staff. Our client has advised that he doesn't play a role in the day to day running of the business. 



Financial Profile
We are advised that the business generated a turnover in the region of £230,000+. Further financials can be made available upon request. 



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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