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Fully Fitted And Ready To Operate Restaurant For Sale

Alton, Hampshire, UK
Asking Price:
Under £50K Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
Under £50K

An exciting opportunity to acquire a well-established Asian restaurant and bistro in a good location in Alton, with a loyal customer base and strong local reputation.

The business has been set up with a flexible concept, suitable for a variety of Asian or fusion cuisines, and is fully fitted with high-quality equipment. Significant investment has been made in recent years, allowing for a smooth transition and immediate trading for a new owner. The restaurant was recently inspected by the local authority and holds a 5-star Food Hygiene Rating.

The current setup supports dine-in and takeaway, with further potential to expand into delivery or adapt the concept to suit different styles of operation.

The business is being offered for sale due to upcoming projects that will require the owner to travel abroad more frequently, making it difficult to continue running the restaurant day-to-day.

This is an ideal opportunity for an owner-operator or investor looking to take over a ready-to-run hospitality business with strong foundations and room for growth.

Property Information

Property:

Leasehold

Lease Terms:

The accommodation is available on the basis of a new lease for length of term to be agreed, subject to 5 years minimum. Rental guide can be discuss directly with the landlord.

Leasehold Rent:

£21,000 per annum

Location:

Prime high street location

Size in square feet:
1227 sqft.
Planning Consent:

A3 licensed restaurant

Energy Performance Rating:
B

Business Operation

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

There is significant potential to grow and further develop the business.

The current operation is focused on dine-in and takeaway, but there is clear opportunity to expand delivery through platforms such as Deliveroo, Uber Eats, and Just Eat, which has not been fully explored.

The flexible Asian bistro concept also allows a new owner to adapt or expand the menu offering, introduce new cuisines, or reposition the brand to suit current market trends.

There is also potential to extend opening hours, particularly during lunchtime or additional trading days, to increase revenue.

Additionally, the business could benefit from stronger digital marketing, social media presence, and local promotions to further build on its existing reputation and attract new customers.

For an experienced operator, there may also be opportunities to replicate or scale the concept into multiple locations.

Reasons for selling:

The business is being offered for sale as the owner is moving on to focus on new projects that require regular international travel. Due to these commitments, it is no longer practical to continue overseeing the day-to-day running of the restaurant.

This presents an excellent opportunity for a new owner to take over a well-established and fully operational business.

Years established:
3 years

Other Information

Furniture / Fixtures value:
£45,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price