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Caribbean Restaurant Business In Surrey For Sale

UK
Asking Price:
£75,000
Turnover:
Available on request
Net Profit:
Available on request

LOCATION:
This is a well-established business that has been serving delicious Trinidadian food for seven years. It is situated in a prime location on High Street. The restaurant is close to schools, shopping malls, and public transport. The train station is only 0.5 miles away and the bus stop is 1.7 miles away.

OVERVIEW:
The restaurant is in good condition with a loyal customer base, It is very famous in the area for get-togethers and family functions. The restaurant has a seating capacity of 15 covers, and it is fully equipped with a big Freeze, small fridge, 1 chiller, 3 microwave, 6 gas hob, display fridge, one big size dressing table and all other required equipment needed to start the business.

The interior showcases modern décor & elegant furnishings, The restaurant has a beautiful ambiance and good décor, The new owner can start the business right away without any extra costs. The restaurant is available on Deliveroo, UberEATS, Just Eat, and its own website. It has high ratings and positive customer feedback.

TURNOVER: £3100 Per Week

POTENTIAL: The business has the potential to increase its revenue by offering a variety of cuisines such as burgers, doner kebabs, fries, jacket potatoes, sheesh or adding new thing on the menu.

RENT: £16,000 per annum

RATES: No Business Rates

TENURE: Leasehold - 13 Year lease remaining (Renewable lease)

LICENCE: A3

(Potential to apply for alcohol licence)

Shop Size: Total 580 sqft Approx.,(Floor area 370 sqft Approx. and Storage / Washing area 210 sqft Approx.)

TIMINGS: Tuesday to Saturday 12:00 PM to 9:00 PM (Monday and Sunday closed)
Restaurant have licence to open till 11 pm

ADDITIONAL POTENTIAL: Oncoming buyer has the opportunity to increase the business by extending the opening hours and offering breakfast in the morning and take away services after 10:30 PM until late night, Also there is a huge potential to boost the sales of the business if is opened all 7 days as Sunday is the busiest day for trading. The current owners can't stay open till late and run all 7 days because of long distance of travelling and other commitments.

The business is marketed for £75,000 plus SAV it including all the fixtures and fittings.

For further information, please contact the BTC Commercial and Investment team on ---- --- ---- or [email protected].