Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Asado Steak House For Sale

Huntly, Aberdeenshire, UK
Asking Price:
£299,950
Turnover:
£708,866
Net Profit:
£43,739

Overview

Asado Steak House is a well-established Argentinian steakhouse restaurant trading successfully in the heart of Huntly, offering a distinctive and exciting alternative to the traditional dining experience. The business serves the finest Argentine meats in a fully refurbished, extensively modernised premises completed to an exacting standard, presenting an exceptional turnkey opportunity for an incoming operator.

The restaurant has built an outstanding reputation for high-quality fine dining, drawing a loyal following of local regulars and visitors alike. With a diverse and carefully crafted menu, a full liquor licence, and a warm, welcoming atmosphere created through considered interior design, Asado Steak House delivers a consistently excellent dining experience that sets it apart from competitors in the area.

Business Highlights

  • Annual turnover of circa £360,000 with strong adjusted net profitability
  • Fully fitted and operational restaurant requiring no further investment from an incoming operator
  • Seating capacity of 65 covers across a wellpresented ground floor premises
  • Extensive menu spanning starters, premium steak cuts, mains, sides, desserts and a full range of alcoholic and nonalcoholic beverages
  • Exceptional online reputation including a 4.6star Google rating from over 500 reviews and a perfect 5.0star rating on Tripadvisor
  • 5star food hygiene rating reflecting the highest standards of kitchen management and cleanliness
  • Clear growth potential through delivery services, outside catering and the possibility of additional locations or franchising

Location

Asado Steak House is situated in Huntly, occupying a prominent corner position on a busy road intersection along the main parade of retail shops. The surrounding area is a vibrant and well-connected community with strong footfall, benefiting from both passing trade and a loyal residential customer base. The location provides excellent visibility and accessibility, making it ideally placed to attract a broad and consistent dining clientele.

Premises & Tenure

The restaurant occupies a ground floor retail unit with prominent main road frontage and a seating capacity for 65 covers. The premises has been fitted to an exceptionally high standard throughout, with new catering equipment, quality furnishings and considered interior design creating a warm and inviting environment. The vendor has made significant investment in the property since inception, meaning an incoming operator can trade immediately without the need for further capital expenditure. The premises is available by way of a lease assignment.

Next Steps

Asado Steak House represents a rare opportunity to acquire a thriving, fully operational fine dining business with strong financials, an outstanding reputation and genuine scope for growth under new ownership. Goodwins Business Brokers warmly invites serious enquiries from prospective purchasers, and early engagement is encouraged given the quality of this opportunity. Full details are available in the Information Memorandum.

Property Information

Property:

Leasehold

Business Operation

Reasons for selling:

Non-Related Business Interest

Employees:
Mainly staff run, fulltime 5 part time 15 which includes driver and cleaner.
Years established:
40 years plus