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Restaurant With 70 Covers For Sale

 
Derby, Derbyshire, United Kingdom
 
Advert ref: D465
 
FINANCIAL DETAILS
 
Asking price: £79,995
 
Sales revenue: £182,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
Business: 70 cover Restaurant (includes 30 covers on 1st floor) offering a blend of Western, South American & Pakistani cuisine and a daily 12 dish buffet. Contemporary décor throughout, so internal viewing is recommended.
PRICE REDUCED FOR QUICKER SALE


GENERAL INFORMATION
 
Employees: The owner runs the business with the assistance of 10 x P/T staff as required.
Trading hours: Currently only evenings. 7 days a week: 5.00pm – 11.00pm. Lunchtime opening could be introduced.
Property: Leasehold

Lease terms
We understand that the a new 10 year lease will be made available, at a rent expected to be circa of £15,600 per annum.


Location
Main Road, corner position, situated in a busy residential and commercial suburb, close to Derby City Centre. The Restaurant has the benefit of a large car park in the near vicinity.


Expansion potential
A major opportunity exists for further development and expansion of this business, by introducing new menus, alternative cuisine & extending the opening hours. An ideal opportunity to acquire an established Restaurant business which continues to enjoy a growing reputation.


Reasons for selling
Owner wishes to pursue other interests.


Financing available
We will be pleased to put you in touch with our Finance Specialists who can help to fund the purchase of this type of business.


 
The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics
 
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Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30