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American Diner - Restaurant For Sale

Forest Gate, London
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£240,000
Net Profit:
£60,000

We are very pleased to offer this stunning opportunity to invest in a successful running restaurant business; situated in Forest Gate - E7. This restaurant is surrounded by other busy restaurants.

Key Features:
American themed diner.
Newly refurbished restaurant (spent £180,000 into 2017).
Spacious fully equipped restaurant (fitted with new kitchen worth £50,000+).
75 Seater restaurant with 13 tables (retro American diner booth seating).
Three toilets.
Property spread over three floors (storage in the loft).
Floor Area: 1590 Square foot approx.

We have received the highest hygiene rating (5 out of 5) from the food standard agency.
We have managed to gain very high reviews and followers across numerous social media platforms (Google, Facebook, Instagram, Just Eat, UberEats etc).

4 / 5 full time employees.
Opening hours 2:00pm to 11:00pm.

Weekly sale of £3000 - £4500 (delivery are not included).
Deliveries sale £1500 - £2000 per week.
Annual turnover - £250,000.
Rent £30 000 annually.
Rates £9,200 annually.

Asking Price £150,000.
15 years of lease available (renewable).

Genuine reason for sale which can be disclosed upon request.

Available immediately. Viewing is highly recommended.

Property information

Property:

Leasehold

Lease Terms:

15 Years

Leasehold Rent:

£30,000 per annum

Location:

Busy shopping location

Size in square feet:
1,590
Planning Consent:

A1 & A3

Business Operation

Expansion Potential:

Yes

Reasons for selling:

Health Issues

Trading hours:

Mon - Fri
12pm - 11pm

Employees:
5
Years established:
2 Years

Other Information

Support & training:

One month training can be provided if required

Furniture / Fixtures value:
£120,000 - included in the asking price
Inventory / Stock value:
£3,000

Contact Information

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