Buffalos American Restaurant in Bridlington, East Riding of Yorkshire Up for Sale
Bridlington, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
612467
- Leasehold: £40,000 (Stock at valuation)
- Rent: £34,000 (£2,833 per month)
- Turnover: £160,000 (£3,077 per week)
- Profit: On request
Key Features
- Offers Invited
- Attractive Business
- Established Business
Business Details
Business for Sale: Buffalos American Restaurant, Bridlington
Business for Sale: Buffalos American Restaurant, Bridlington
Asking Price: £40,000 stock (VAT payable on stock)
Business Overview:
Buffalos, a vibrant American restaurant located in the bustling seaside town of Bridlington, is now on the market. This well-established business offers an exceptional opportunity for a new owner to step into a thriving venture with substantial potential for growth.
Key Features:
- Prime Location: Situated close to the beach in Bridlington, a popular tourist destination renowned for its busy foot traffic, especially during the holiday seasons.
- Fully Equipped: The sale includes all restaurant fixtures and fittings, ensuring a smooth transition with minimal initial outlay required.
- Lease Terms: The lease has 14 years remaining, offering long-term security for the new owner.
- Annual Turnover: The restaurant generates a turnover of £160,000 per year, translating to approximately £13,333 per month.
- Future Potential: The property includes a flat that will soon be vacant, presenting an excellent opportunity to convert it into an Airbnb rental, further boosting your revenue streams.
Financials:
- Annual Turnover: £160,000
- Monthly Turnover: £13,333
Sale Price:
- Fixtures and Fittings: £40,000
- Stock: Additional cost with VAT payable
Additional Details:
Buffalos has built a strong reputation in the area, drawing both locals and tourists alike with its authentic American cuisine and welcoming atmosphere. The restaurant's prime location near Bridlington's beach ensures a steady flow of customers, especially during the peak tourist seasons.
The additional flat included in the deal offers an exciting prospect for further income. Once vacant, it can be transformed into an Airbnb rental, capitalizing on the town's popularity and increasing the overall profitability of the business.
Contact Information:
For more information or to arrange a viewing, please contact James Bowles at 07518527160.
Don’t miss out on this fantastic opportunity to own a successful American restaurant in one of the UK’s busiest seaside towns.
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