- Listing ID: 815162
- (Seller ref: R9669)
Spacious Licensed Restaurant American Tex Mex Style Cuisine For Sale
- Location:
-
- UK
- > England
- > South East
- > Kent
- > Kent
- Category:
- Type:
Listed by:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- £130,000
- Turnover:
- £208,000
- Net profit:
- Available on request
- Employees:
- The Restaurant is at present operated by the vendor with the assistance of 5 part time staff.
)
Business description
Outstanding opportunity to acquire a spacious LICENSED RESTAURANT, American Tex Mex cuisine. The Restaurant has a wood strip floor. 4 ceiling fans. Air conditioning/heating. Tables and chairs providing seating for 50/55 persons. Bar with 1 hand pump, optics, 2 group coffee machine, ice machine, sink, computerised cash register.
Large kitchen with quarry tiled floor, fully equipped including 6-burner gas cooker, large charcoal grill, 1 double plus 1 single deep fryer, stainless steel deep freeze, stainless steel 3-door counter fridge, double sink and drainer, 2 commercial microwave ovens etc.
Desert room with fridge and deep freeze
Fully tiled ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin.
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease having approx. 16 years unexpired at a rental of £18,000 p.a. exclusive of rates up to March, 2010, with rent reviews every 4 years.
Uniform Business Rates: £5,400 p.a. approx. + water rates (metered)
RECOMMENDED FOR EARLY INSPECTION
- Living accommodation:
- The accommodation in the form of a SELF CONTAINED FLAT, comprises: 2 Bedrooms (1 double, 1 single) Bathroom with bath, w.c. and wash hand basin Large lounge 14ft x 16ft approx. Fully fitted Kitchen
- Location:
- Situated in a parade, main road trading position, KENT.
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- CLOSED ALL DAY MONDAY
Tuesday - Friday inclusive - evenings only - 6 p.m. - 12 midnight
Saturday - 5.30 p.m. - 12 midnight
Sunday opening - 1 p.m. - 9.30 p.m. (last orders)
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
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.
need to search again?
- UK
- > England
- > South East
- > Kent
- > Kent
Other buyers are looking to buy a business like this in Business Wanted >>
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
Other buyers need finance to buy a business like this in Finance Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell a Restaurant section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD UK BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS ADVICE BUREAU
- Find the best finance for your business purchase. There is no need to mortgage your house to live your dream. We explore every avenue possible to provide you with the funding you need.
-
- Click here for more
- GET PROFESSIONAL INDEMNITY INSURANCE
- Professional Indemnity Insurance (PI) is designed to protect your business from financially devastating and often reputation-damaging claims made by dissatisfied clients.
-
- Click here for more information
Advertisement
