Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Restaurant For Sale In Lichfield City Centre

Lichfield, Staffordshire, UK
Asking Price:
£149,000 Furniture / Fixtures included
Turnover:
£468,000
Net Profit:
£50K - £100K

An outstanding opportunity to acquire a fully managed and highly regarded themed restaurant situated in the heart of the thriving and historic Cathedral City of Lichfield.

Occupying a prominent trading position, this well-established business benefits from strong local support, regular visitor footfall and an enviable reputation for its unique dining experience and exceptional customer service. The business has become a popular destination within the city and enjoys a loyal and repeat customer base.

Operated under full management with an experienced team in place, the restaurant offers an ideal acquisition for investors, multi-site operators or entrepreneurs seeking a profitable hospitality business with minimal day-to-day involvement.

Key Features

Fully managed operation
Established themed restaurant concept
Prominent city centre location
Experienced staff team in place
Excellent online reviews and customer feedback
Loyal and repeat customer base
Turnover of approximately £460,000 per annum
Significant scope to increase sales and profitability
Lease secured until 2036
Spacious premises extending to 2,868 sq ft over two floors
Lichfield is one of the Midlands’ most sought-after cathedral cities, renowned for its rich history, attractive architecture, affluent customer demographic and vibrant leisure and hospitality sector.

This represents a rare opportunity to acquire a successful and fully managed restaurant business combining a unique concept, substantial floor space, secure leasehold tenure, and strong annual sales, all offered at an attractive asking price of £149,000.

Viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Long lease in place

Leasehold Rent:

£44,000 per annum

Location:

City Centre

Premises Details:

2 level Restaurant

Size in square feet:
3,800

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Introduce Alcohol , more Social Marketing

Reasons for selling:

Relocation of owner

Trading hours:

Tuesday - Thursday 4-9PM Friday 4-10PM Saturday 12-10PM Sunday 12-9PM

Employees:
4 FT, 4 PT
Years established:
5

Other Information

Support & training:

Friday 4-10pm

Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.