Ottoman Grill & Bar Turkish Restaurant for Sale in Salford Manchester
Salford, Manchester
- Status
FOR SALE
- Advert ID
633204
- Reference
B08883 / Rightbiz
- Call Agent:
- Leasehold: £990,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
A Taste of Turkey, A Slice of Manchester – Your Next Business Venture Awaits!
BusinessPlease quote reference B08883
CoGoGo presents Ottoman Grill & Bar - Manchester's Riverside Turkish Gem!
Nestled along the picturesque River Irwell, just a stone's throw from the iconic Lowry Hotel, Ottoman Grill & Bar offers a vibrant fusion of authentic Turkish Flavours and contemporary flair.
Since opening its doors in 2024, this family-run restaurant has become a beloved hotspot for locals and visitors alike, earning rave reviews and a loyal following.
The restaurant is extremely busy and very well established, generating an impressive weekly turnover of approximately £35,000 – £40,000. The business has built a strong reputation locally and benefits from excellent social media engagement, attracting both regular customers and new visitors.
Ottoman Grill & Bar boasts a prime riverside setting that enhances every dining experience. Whether you're enjoying a leisurely lunch or a romantic dinner, the scenic views provide the perfect backdrop.
Ottoman Grill & Bar is renowned for its authentic Turkish cuisine, offering a menu that delights the senses. From succulent charcoal-grilled kebabs to rich mezze platters and delectable desserts like Biscoff cheesecake and traditional baklava, every dish is crafted with passion and precision. The restaurant's commitment to quality and authenticity has earned it a stellar reputation, with a 4.9 rating on TripAdvisor and glowing reviews highlighting both the food and the exceptional service.
The restaurant features a modern and stylish interior, blending traditional Turkish elements with contemporary design. The spacious layout includes a front conservatory that exudes warmth and comfort, creating an inviting atmosphere for diners. With seating for approximately 150 guests, Ottoman Grill & Bar is well-equipped to host everything from intimate dinners to larger gatherings.
The venue operates with a full restaurant license and features an indoor bar, complemented by a highly popular outdoor shisha lounge. The terrace area, equipped with a retractable roof and glass windows, offers a stylish and upscale setting with picturesque views of the River Irwell.
Key Selling Points
- Prime Riverside location near the Lowry Hotel
- Authentic Turkish cuisine with a modern twist
- Stellar reviews and loyal customer base
- Busy and well-established restaurant
- Weekly turnover of £35,000 - £40,000
- Long secure lease
- Set-up costs of £650,000
Ottoman Grill & Bar presents a unique opportunity to acquire a thriving restaurant business in the heart of Manchester. With its exceptional location, outstanding reputation, and proven financial success, this establishment is poised for continued growth and success under new ownership.
With a significant initial investment of approximately £650,000 in fit-out and design, the restaurant benefits from high-end décor and a premium dining environment that stands out in Manchester’s competitive hospitality scene.
Get in touch with CoGoGo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.
Location
Located at 32 Quay Street, Salford, Manchester M3 5FZ, Ottoman Grill & Bar boasts a prime riverside setting.
Premises
Ottoman Grill & Bar boasts a sleek, contemporary interior that seamlessly incorporates touches of traditional Turkish style. The open-plan design features a welcoming front conservatory, radiating a cosy and inviting ambience. It is a fully licensed restaurant with a bar inside and a very popular shisha lounge on the outdoor terrace. This terrace area, featuring a retractable roof and windows, offers a stylish, upscale atmosphere with scenic views overlooking the River Irwell. The venue has a total seating capacity of approximately 150, making it ideal for everything from intimate meals to large social gatherings.
One of the key features is the high-specification heating and cooling system, installed at ceiling level for maximum efficiency and comfort. The interior has been thoughtfully designed in line with modern trends, including four dedicated photo-friendly spots specifically created to enhance the venue’s appeal on social media.
Tenure
We are advised that this opportunity is available on a leasehold basis with a long, secure lease and approximately 23 years remaining, providing stability and security for the next owner. The lease also includes a scheduled rent review in the 10th year.
The business also benefits from significant utility cost savings, as it operates a charcoal grill, resulting in minimal electricity and gas usage, saving approximately £10,000 per annum.
Hours
Business Hours
-
Monday to Thursday: 11:00 AM – 10:00 PM
-
Friday to Sunday: 11:00 AM – 10:30 PM
Staff
The dedicated team at Ottoman Grill & Bar is known for their warm hospitality and attentive service. Staff members are well-trained and passionate about delivering an exceptional dining experience, contributing to the restaurant's outstanding reputation.
Financial Profile
Full financials can be made available upon request.
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Listing Statistics
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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.
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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.
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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.
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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.
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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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