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Classic Mediterranean Restaurant in Wolverhampton *Viewing Recommended*

Wolverhampton, West Midlands
Status
FOR SALE
Advert ID
259039
Reference
medrestwolvKS / Rightbiz
Leasehold Price: £65,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

City Business Brokers are pleased to introduce to the market this well-established concern which has earned itself an excellent reputation for its quality of food, ambience and friendly service in the course of almost 24 years of highly successful trading.  The business primarily offers a full and varied Mediterranean menu of classic homemade dishes, prepared freshly to order and served in the very pleasant surroundings of a stylish, tastefully furnished and appointed in-house dining area which accommodates 200 covers over two levels.

Included in the sale price is the valuable inventory of all catering and ancillary fixture and fittings necessary for the successful operating of the business, making this a truly comprehensive commercial package which ought not to be missed!

Over the years, the current owners have grown a regular customer base and maintained an excellent reputation and high degree of goodwill for any new owner. Employing a small team of full- and part-time staff who could be an asset to any purchaser, this would present a marvellous opportunity for anyone with an appropriate catering or management background seeking an extremely well-located, superbly equipped and locally available concern.

The business is also adaptable to further potentially lucrative licensed dining and hospitality opportunities providing any enthusiastic buyer with ample scope for continued growth and increased profitability. This might include a degree of menu expansion, the introduction of further wines and spirits, the possibility to operate extended daytime hours exploiting local demand, and generally adopting a more vigorous marketing policy for the restaurant’s excellent existing facilities and services.

We would therefore unreservedly recommend a viewing of a stunning commercial proposition of unique quality. An excellent existing business opportunity combined with the potential for further development, this only comes onto the market due to the desire for semi-retirement and has consequently been very sensibly priced to ensure the earliest possible sale.

The business has a reasonable level of turnover and further figures can be discussed at viewing stage.

Lease: The premises are being offered with the benefit of a new lease. A Freehold option may be made available if desired.

Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

 

Listing Details
Location: Wolverhampton, West Midlands
Sector: Bistros, Restaurants, Food And Drink
Key Features
  • Split Level Trading Area
  • Town Centre location
  • Potential for Alternative Use
  • Established Business
  • New Lease
  • Attractive Business
  • Fully Fitted
  • Retirement Sale
  • Close to Local Amenities
Contact Agent
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Advert Reference: medrestwolvKS / Rightbiz

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