Chinese restaurant for sale in Reading Berkshire

Chinese restaurant situated in Reading, Berkshire, just a ten-minute walk from the train station. This well-established establishment offers both dining and takeaway services, having joined major delivery platforms such as Deliveroo, Just Eat, and Foodhub, making it easily accessible to a broad customer base. Currently, the restaurant does not operate its own delivery service but enjoys a great selection of dishes that attest to its popularity.

The restaurant has demonstrated consistent financial performance, generating approximately £5,000 in weekly revenue. With a lease agreement that has an additional two years remaining, there is ample opportunity for renewal and continued success. The premises include three rooms, a living room, a kitchen, and a bathroom, providing ample space for operations and employee accommodations. The monthly rent for this prime location is set at £2,250, and the area offers convenient outdoor parking for both staff and customers.

Business Overview and Performance

This business has been established for two years, providing a solid foundation for new owners to build upon. The current owner has also managed the restaurant for the same duration and is exploring the sale due to personal reasons. With three dedicated employees, the restaurant efficiently meets customer needs while maintaining a robust online presence. Although the turnover has remained steady without significant increases over the past year, the strong local brand presence and excellent online ratings highlight its potential for growth.

Investment Potential

The leasehold opportunity is available at an asking price upon request, with an impressive current turnover of £300,000 per annum. The open-plan kitchen design invites creativity and efficiency, while the potential for refurbishment and reasonable offers can attract visionary buyers looking to enhance the restaurant's appeal. Furthermore, there are opportunities for residential living arrangements, outdoor seating, and delivery space, all of which contribute to a versatile and attractive proposition for any prospective buyer.

Key Features

This restaurant boasts a variety of significant advantages, including:

• Potential for refurbishment to create a modern dining experience
• Opportunity for reasonable offers, encouraging interested buyers
• Versatile outdoor seating options for a pleasant dining atmosphere
• Spacious shop front contributing to customer attraction
• Stockroom or storage space enhancing operational flow
• Strategically located in the city centre, ensuring high foot traffic
• Strong turnover and profitability, backed by a loyal customer base
• Potential for increased online sales, leveraging current digital trends

With its strong local brand presence and positive customer feedback, this Chinese restaurant offers an enticing canvas for new ownership, whether for continued operation or innovative adaptations. Explore this exceptional opportunity in the heart of Reading, and take the next step towards owning a successful dining establishment.