• Listing ID: 1222628
  • (Seller ref: 386)

Long Established Profitable Restaurant In Edinburgh For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
£95,000 (Furniture / Fixtures included)
Sales revenue:
£283,590
Cash flow:
Available on request
Years established:
14 years
Employees:
The restaurant is currently operated by three full-time staff (head chef, second chef and manager) along with part-time staff both in the kitchen and front of house.
Relocatable:
This business can be relocated.


Exterior - Sweet Melindas, Marchmont

Exterior - Sweet Melindas, Marchmont

1/3


The restaurant is situated in a very popular area of the City and trades from local residents as well as other customers from throughout Edinburgh. The business has been run for the last 13 years by the current proprietor and has an excellent reputation for offering good quality with an emphasis towards seafood at competitive prices. For example, there is a £12.50 2-course lunch menu and a £22.50 2-course dinner. Business is run mainly under management generating a turnover in excess of £300,000 with high profits.

If this business is of interest to you, please request full Sales Particulars or alternatively contact Gordon Mair by clicking on the contact seller button below.


Property:
Leasehold
Lease terms:
The restaurant is offered on a new lease with an initial rental of £25,000 per annum. The length of lease is negotiable.
Leasehold rent:
£25,000 per annum
Location:
Marchmont is one of Edinburgh’s most vibrant and popular residential areas which is close to the City centre. Situated on the south side of the City and next to “Edinburgh Meadows”, it is also home to the Edinburgh Sick Kids Hospital. Marchmont has a great mixture of students and professionals along with families and is well serviced by a great choice of shops including general grocers, florists, food stores and gift shops.
Premises details:
The restaurant is situated in the heart of Marchmont and is a beautifully presented 40 cover restaurant with wooden floor, painted timber lined walls with wall uplighters and ceiling spotlights enhancing the natural light from the front windows. To the far end is a servery counter with fridge, cash register and coffee machine. To the rear are ladies and gents toilets for customer use.

Related documents:

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


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