Buy an Attractive And Spacious Licensed Chinese & Thai Restaurant For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 503097
  • (Seller ref: R8205)

Attractive And Spacious Licensed Chinese & Thai Restaurant For Sale


Location:
Category:

Listed by:

Asking price:
£65,000
Sales revenue:
£260,000
Net profit:
Available on request
Employees:
The Restaurant is at present operated by a husband and wife team with the assistance of 2 full time in the restaurant area plus 2 full time and 2 part time in the kitchen.

No image available

SPACIOUS SINGLE FRONTED RESTAURANT, fully carpeted, wall and ceiling lighting, pictures on walls. Bar. Tables and chairs providing seating for 80 persons.

Ladies' cloakroom with 2 w.c's, wash hand basin
Gentlemen's cloakroom with w.c. 2 urinals, wash hand basin

Level kitchen with industrial non-slip floor. The equipment includes 8-burner Chinese cooker, 6-burner gas cooker, microwave oven, 5 fridges, 3 deep freezes, walk-in coldroom, double sink and drainer etc.

Dry goods store


Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease having approximately 20 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 1 year, with rent reviews thereafter.

RECOMMENDED FOR EARLY INSPECTION
Living accommodation:
The accommodation in the form of 2 FLATS comprises: First Floor 4 Bedrooms (2 doubles, 2 singles) Bathroom with bath, w.c. and wash hand basin Second Floor Living Room with kitchen area 2 Double Bedrooms Bathroom with bath, separate shower, w.c
Location:
Situated in a High Street, excellent main road trading position, DORSET

Expansion potential:
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
12 noon - 2 p.m. & 5.30 p.m. - 11.30 p.m. seven days per week
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

selling your business?

If you own a business and are considering selling, visit our Sell Your Business section.


BusinessesForSale.com recommends
  • GET A DETAILED ANALYSIS OF THIS BUSINESS
  • Compare price and profitablility to similar businesses
  • Accurately value this business
  • Due dilligence checklist
  • View selling price of similar sold businesses
  • Business Buyer Toolbox
  • Click here to view demo
  • BUSINESS WANTED
  • Reach sellers looking for a business buyer by placing a Business Wanted advert.
  • Business Wanted
  • Business Wanted

Change country Close

If you haven't been brought to the right country version of our site please select the correct one below: