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Traditional Persian Restaurant

Sutton Coldfield, West Midlands
Leasehold Price:
£99,999
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
237862
Reference
B05005 / Rightbiz

Details

Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Hafez Persian Restaurant which is a well-established business with a renowned reputation amongst residents.

This is a superb opportunity to take on a high turnover local business in an area teeming with customers which also offers considerable potential.

There has been a restaurant or food-based business at this site for some years and it was an Italian Restaurant in a previous incarnation.

The business was rebranded as a Persian Restaurant just under a year ago when the current owner spotted a gap in the market.

Hafez Persian Restaurant has been a real labour of love for the vendor and has flourished under his ownership.

Alas the business is now being sold, albeit reluctantly and with a heavy heart only due to a change in personal circumstances.

The vendor is keen to see his beloved business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Hafez Persian Restaurant offers fine Persian cuisine with all meals being lovingly created on the premises using local ingredients wherever possible.

All dishes are cooked with the highest standards using methods that have been handed down through the generations. This helps in creating an authentic Persian flavour.

Hafez Persian Restaurant offers an impressive menu including

Starters
•Mast Va Khiar
•Salad Shirazi
•Miriam Ghassemi

Charcoal Grill
•Koobideh
•Joojeh Binekess
•Baarg

Fish Main Courses
•Tiger Prawns
•Chargrilled Whole Sea Bass
•Traditional Persian Stews

Vegetarian Dishes
•Veg Grill
•Veg Ghromeh

Desserts
•Baklawa
•Falooda

The sale will include the company website (hafezpersian.co.uk) which includes eat in and takeaway menus along with an online booking facility and the company Facebook page.

Hafez Persian Restaurant enjoys great visibility on the internet via sites such as Tripadvisor and enjoys some impressive reviews.

Reasons to Buy
1.A well-established business with an enviable reputation and many regular customers
2.Perfect trading position on a busy main road in an upmarket area
3.All fixtures and fittings included making this a real Turnkey business opportunity
4.Current owner happy to offer a handover to ensure the continued success
5.Ideal owner managed or partnership business
6.Sale will include website and all social media platforms.

Hilton Smythe highly advise early viewing.

This great little business is likely to attract considerable interest.

Location
Hafez Persian Restaurant is located in Sutton Coldfield in the West Midlands.

The royal town of Sutton Coldfield is a town and civil parish in Birmingham which lies about 7 miles North East of Birmingham city centre and borders Little Aston, North Warwickshire, Lichfield, Erdington and South Staffordshire.

It is an affluent town and rated as the fourth least deprived area in the country, encompassing the Four Oaks Park Estate and bordering the Little Aston private estate where the regions multi-millionaire and billionaires reside.

Linked by regular and fast services from Sutton Coldfield railway station on the Cross-City line to the centre of Birmingham, Sutton is mostly a commuter dormitory town for people who work in Birmingham.

The town is bypassed to the North by the M6 Toll, the first toll motorway in the U.K. Accessible from Sutton by junction T2 at Minworth, it also has easy access to the M6 to the South via Junctions 5, 6 and 7 and also the M42 in the East via junction 9.

The parade in the town centre is the main destination and terminus for numerous National Express West Midlands bus services in and through Sutton Coldfield.

Hafez Persian Restaurant is ideally situated in an unusually busy and vibrant shopping parade alongside other complimentary retail businesses such as a convenience store, hairdressing business, estate agent and other restaurant businesses.

The business fronts a busy main road and thus benefits from high levels of footfall and passing trade.

Hafez Persian Restaurant is beautifully presented and maintained with clear visible signage and distinctive livery and has a real upmarket feel to it.

There is free on street parking immediately outside the premises.

Premises
Hafez Persian Restaurant occupies the ground floor of a mid-terraced retail unit, it is beautifully presented and fastidiously maintained and briefly comprises;

Restaurant
Window and glazed door to front creating a light airy and inviting interior, expensive looking wood effect flooring, LED spots enhanced by intricate pendant lighting, bespoke counter with tongue and groove panelling to front and sides and thick timber work top, coffee machine, coffee grinder, Polar Ice making machine, two glass fronted drinks chillers, high quality tables and chairs currently providing 40 covers but room for more, period style sideboard in a dark oak finish, perimeter shelving and display niches.

Open plan Kitchen
Comprehensively equipped catering kitchen with Tefcold chest freezer, new (£6000) extraction system with stainless steel canopy, griddle, Moorwood Vulcan range cooker with 6 gas burners, twin basket stainless steel fryer, 4 compartment stainless steel fridge, Tefcold salad bar, 2 white coloured microwave ovens, Tandoori oven, further chest freezer, DC Series Industrial dish washers, stainless steel hand wash basin, Polar 2 door upright fridge.

Wash Up Area
Generously proportioned with tiled floor, deep stainless steel sink with spray tap, freestanding stainless-steel shelving unit, meter cupboard, stainless steel preparation tables, Polar upright stainless steel fridge, Hotpoint upright fridge, Hotpoint chest freezer, 2 meat mincers, built in shelving, wall mounted Glow Worm boiler

Walk in store / Office
There is a useful walk in store currently used for storage but offering potential to convert to an office

WC
With close coupled toilet and hand wash basin.

To the rear of the premises is a shared yard with allocated parking and space for bin storage.

Tenure
We are advised that Hafez Persian Restaurant is being sold as a Leasehold business opportunity.

The existing lease has approximately 20 years remaining, and the rent is £24,000 per annum which is really reasonable given the size and location of the premises.

We are advised that the business rates payable are approximately £7000 per annum.

Hours
Monday to Thursday 13.00-22.00
Friday and Saturday 13.00 -23.00
Sunday 13.00-22.00

Staff
The business is run and managed by our client with the help of two full time and two part time members of staff.

Financial Profile
Hafez Persian Restaurant generates an advised current turnover of circa £250,000 per annum.

The business is currently being run at a pace to suit and has enjoyed higher turnover previously.



£99,999
Listing Details
Leasehold Price: £99,999
Tenure: Leasehold
Sector: Restaurants
Financials
Annual Turnover: £250,000
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