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Multisite Thai restaurant and takeaway for sale in Prestatyn, Denbighshire due to owner's relocation.

Prestatyn, Denbighshire
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Multisite Thai Restaurant and Takeway in North Wales Photo 1
Multisite Thai Restaurant and Takeway in North Wales Photo 2
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Multisite Thai Restaurant and Takeway in North Wales Photo 6
Multisite Thai Restaurant and Takeway in North Wales Photo 7
Multisite Thai Restaurant and Takeway in North Wales Photo 8
Multisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North WalesMultisite Thai Restaurant and Takeway in North Wales
  • Status

    FOR SALE

  • Advert ID

    659842

  • Leasehold: £245,000
  • Rent: £45,000 (£3,750 per month)
  • Turnover: £800,000 (£15,385 per week)
  • Profit: On request

Key Features

  • Modern design and furnishings
  • Modern extractor systems
  • Modern, inviting interior design
  • Modern payment systems

Business Details

Multisite Thai Restaurant and Takeway in North Wales

Buckley & Prestatyn, North Wales | Approx. £800,000 Combined Annual Turnover

 

An excellent opportunity to acquire a well-established and fully operational Thai food business comprising two successful locations in North Wales, with an established customer base, experienced teams and significant investment already made in professional kitchen and restaurant equipment.

 

The original Buckley takeaway has been successfully trading for approximately four years, establishing a strong presence within the local area. The business has subsequently expanded with a second location on Prestatyn High Street, which has now been trading successfully for over 12 months.

 

The Prestatyn site operates as a full Thai restaurant and takeaway, benefiting from a prominent High Street location, while the Buckley site is an established takeaway operation.

 

The business is being offered for sale due to the owner's planned relocation to Spain, presenting an opportunity for a new owner to take over an established operation without having to go through the considerable time, investment and work involved in developing the concept, equipping the premises, recruiting specialist staff and establishing a customer base.

 

Financial Overview

The two sites currently generate combined annual turnover of approximately £800,000, comprising:

  • Site 1: approximately £350,000 annual turnover
  • Site 2: approximately £450,000 annual turnover
  • Combined turnover: approximately £800,000 per annum
  • Current combined rent: approximately £3,750
  • Staff wages: approximately £4,000 per week
  • One site also benefits from live-in accommodation
  • Food hygiene score in both location 5

 

There remains potential to increase turnover further through continued development of the restaurant, takeaway and delivery operations as well as social media presence and advertising.

 

Fully Equipped & Ready to Trade

Both premises are fully operational with substantial investment already made in the kitchens, technology and customer-facing facilities.

 

One kitchen has approximately £50,000 worth of professional cooking equipment, with approximately £20,000 of equipment at the second location.

 

The restaurant site also includes a fully operational front-of-house restaurant, together with EPOS/POS facilities and self-service ordering kiosk technology.

 

This allows a purchaser to acquire an established operation with the infrastructure already in place rather than having to undertake a major initial fit-out.

 

Established & Trained Teams

Each site currently employs approximately eight trained members of staff, providing an established workforce across the two locations.

 

The teams include experienced Thai chefs who relocated specifically to prepare authentic Thai cuisine, helping the business maintain the quality and authenticity that customers expect.

 

The sites are currently managed independently, providing an established operational structure that can continue following the sale.

 

Key Investment Highlights

  • Two established trading locations
  • Approx. £800,000 combined annual turnover
  • Approximately four years of trading history at the original location
  • Successful second location trading for over 12 months
  • Restaurant and takeaway operation on Prestatyn High Street
  • Established takeaway operation in Buckley
  • Approximately 16 trained employees across both sites
  • Experienced Thai chefs already in place
  • Fully equipped commercial kitchens
  • Approximately £70,000 of kitchen equipment across the two sites
  • Fully fitted restaurant and front-of-house operation
  • POS and self-service ordering technology
  • Live-in accommodation included 
  • Established local customer base
  • Opportunity for further growth
  • Owner selling due to relocation overseas
  • Business intended to be transferred without existing business debt or financial commitments, other than the agreed lease obligations

 

A Genuine Turnkey Opportunity

This is particularly suited to an experienced restaurant operator, hospitality group, existing takeaway business or entrepreneur looking to acquire an established operation rather than starting from scratch.

 

The significant work involved in securing premises, fitting commercial kitchens, establishing the brand locally, recruiting and training teams and building customer demand has already been completed.

 

The new owner would therefore be acquiring two established, revenue-generating operations with trained teams, equipped premises and an existing customer base, with the opportunity to continue growing the business.

Serious enquiries are welcomed. Further financial information, lease details, equipment schedules and trading information can be made available to genuine prospective purchasers, subject to appropriate confidentiality arrangements.

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Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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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