Financial Times FT.com

Resources

Advert Details

Leasehold Restaurant For Sale

(Ref: 8494)

Londonderry, Londonderry, United Kingdom

Financials

Asking price: £169,995

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Bag a Business is delighted to offer for sale this extremely busy and well fitted cafe. Established in 1992 by its present owners, our client is offering this leasehold cafe to the market in order to pursue other business interests. Business has steadily grown, with a gross profit of around 75 per cent, which is derived from the extremely high footfall and regular custom. The cafe was refurbished in 2005 to an excellent standard and all fixtures and fittings are included in the sale price. The partners in this cafe have kept the opening hours to a level that suits their lifestyle, closing at 4.30pm, meaning that there is huge potential to increase the turnover figures by extending the hours of trading. There is also the potential to market to nearby offices for platters and lunch orders. This is a fantastic opportunity and any buyer can be assured of a very profitable new venture. Our clients are flexible on the lease arrangements and can be tailored to suit. Bag a Business Ltd urges early discussions to avoid disappointment.

Property: Leasehold


Lease terms
Leasehold New lease to be negotiated.

Living accomodation
PROPERTY DETAILS Fantastic period building in the heart of the walled city, briefly comprising; Main Shop Entrance to seating area with allocation for 70 covers Tiled floor Food display counter with timber fronts 5 foot integral chill display with shelf over Soft drinks dispenser Fizzy slush machine for 2 flavours Cabinet freezer 4 pot Bain Marie Baked potato oven 2 microwave ovens Coffee grinder Filter coffee machine Espresso coffee machine Light box menu boards Red Bull fridge freezer Disabled WC Washroom with dishwasher Cold room Cloakroom Staff toilets Public payphone Alarm system Kitchen Stainless steel work tables Cabinet fridge freezer Unicat 4 ring electric oven 2 electric deep fat fryers Linde oven Stainless steel sink Large extraction hood Office 2 chest freezers Music system CCTV

Location
Sizzlers is located in a highly visible trading location with a huge daily footfall passing its doors. It is situated within the heart of the city walls of Londonderry, directly opposite the Richmond Centre on a corner site. There is parking facilities in the nearby multi storey car park, which are just a minute's walk from the cafe. Londonderry is steeped in political history and is the second biggest city in Northern Ireland. It is located an hour and a half north of Belfast via the A6 and M22 motorways and is served by the local Eglinton Airport. Londonderry serves as a gateway to Donegal for holiday makers and is growing fast, with significant regeneration projects underway.


<< Back to businesses for sale list


Buy or Sell a Business