- Advert ID: 624155
- (Seller ref: R8772)
Restaurant For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > London
- > South London
- > South London
- Category:
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Summary
- Asking price:
- £180,000
- Sales revenue:
- £338,000
- Net profit:
- Available on request
- Employees:
- The business is at present staff run. Staff employed 2 full time plus 2 part time in respect of the Restaurant area, 2 full time chefs plus 1 full time driver.
Business description
Outstanding opportunity to acquire a well fitted Restaurant at present Lebanese cuisine, which could obviously be continued and in our opinion in view of the excellent main road trading position, there is potential for other types of cuisine, if desired.
SPACIOUS RESTAURANT with ceramic tiled floor. Tables and chairs providing seating for 48 persons. Curved cool display serveover counter, electronic cash register, 3 group coffee machine, double door glass fronted counter fridge, illuminated menu board.
Customer's cloakroom with w.c. and wash hand basin
Stairs to large basement with ceramic tiled floor. Additional Restaurant area having potential for tables and chairs for approx. 30 persons.
Kitchen with mainly stainless steel equipment. The equipment includes 2-door stainless steel counter fridge, 4-door stainless steel counter fridge, 4-burner gas cooker with oven, 6-burner gas cooker with oven, 2 deck pizza oven, Tandoori oven, double sink and drainer, large mixer, dishwasher, fridge/freezer, chest deep freeze, walk-in coldroom, sink and drainer.
Rear storeshed with shelving, 2 deep freezes
Property information
- Lease terms:
- We understand the premises are held on a secure renewable lease for a period of 20 years from January, 2007 at a rental of £45,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £8,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
- Location:
- Situated in a parade, excellent main road trading position, LONDON SW
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £6,000/£7,000 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 In The Region Of £180,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant
- Trading hours:
- Monday, Tuesday & Wednesday - 11 a.m. - 1 a.m. Thursday, Friday & Saturday - 11 a.m. - 2 a.m. Sunday opening - 11 a.m. - 12.30 a.m.
- Financing available:
- Substantial Loan To An Approved Applicant.
Contact the seller
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- United Kingdom
- > England
- > South East
- > London
- > South London
- > South London
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