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Large Profitable Oriental Buffet In North London For Sale

Edgware, London
Asking Price:
£149,950
Turnover:
£520,000
Net Profit:
Available on request

Impressive & spacious restaurant with laminated strip floor. Air conditioning. Tables & chairs providing seating for 80 persons. Service counter. Large buffet unit, upright glass fronted drinks fridge, 3 small glass fronted counter fridges.

Ladies' cloakroom with WC & wash hand basin
Gentlemen's cloakroom with WC & wash hand basin

Spacious level kitchen. The equipment includes 9-burner Chinese cooker, 2 electric rice cookers, 3 chest deep freezers, 1 coldroom etc.

Situated in a parade, excellent trading position, N London / Middlesex borders

Turnover: we understand the turnover is currently in the region of £10,000pw in respect of buffets plus takeaways. In our opinion there is potential to introduce deliveries, if desired. In our opinion there is also potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary premises & personal licence.

To include the secure lease, goodwill, fixtures & fittings £149,500 plus stock at valuation

Property information

Property:

Leasehold

Location:

Located on main high street, close to shopping centre and train station.

Premises Details:

A brand new lease will be issued to the incoming tenant.

Business Operation

Expansion Potential:

Potential to start deliveries or franchise.

Reasons for selling:

Moving abroad for personal reasons.

Trading hours:

12:00pm-11pm

Years established:
20

Contact Information

    1. Your Address

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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