Asking price: £50,000

Sales revenue: £165,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Currently trading as a bar with chinese kitchen. Double fronted premises. Front forecourt with 4 tables. Main bar area - long bar with high stools for 8 persons; space for 8 tables and 2 sofas; 2 plasma screens for showing sports. Covered garden area for a further 8 tables plus a rear beer garden with decking and patio heaters for 6 tables.

Years established: 5 years

Employees: 2 partners 1 f/t chef , 3 p/t bar staff

Trading hours: mon - thurs 5 - 11pm; fri & sat 12.30 - 11.30pm; sun 12.30pm - 10.30pm

Property: Leasehold

Lease terms
15 year lease from June 2008, rent £20,000 p.a

Location
Located mid parade amidst local shops on very busy road, close to Haydons Road thameslink rail, easy parking, surrounded by affluent residential area.

Expansion potential
has lots of potential if run by enthusiastic owner who expands food sales, currently 75% wet sales.

Reasons for selling
moving abroad

Related website: www.barchina.com