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Multiple Well Established Businesses For Sale

Bristol, Bristol, UK
Asking Price:
£360,000
Turnover:
£288,000
Net Profit:
Available on request

Business
Please quote reference B06693

*3 Businesses in one*

Hilton Smythe welcomes to the market an exciting opportunity to acquire, on a Leasehold basis, an exceptionally well run and performing restaurant, take away, and a desserts /sweet shop.

Authenticook has been under the careful ownership of our client for the past few years, growing the business to an impressive level with consistent turnover & with an excellent local reputation & benefiting from an alcohol licence.

The business is split into 3 sections all included in the asking price-

-Kouzina

-Metaxi Mas

-Sweet Corner

These businesses have been placed on the open market as it’s our clients desire to leave the industry due to other business interests.

The business is run as a Greek style restaurant along with a desert side. This is an upmarket restaurant that offers a range of delicious dishes.

The restaurant further benefits from having an alcohol licence in place and serves a selection of beers, wines & spirits for diners.

There is further scope to increase turnover by undertaking a robust localised marketing campaign via local press & social media, while updating the dedicated website that is in place.

Revised opening hours could also be considered so they could potentially catch some lunchtime trade due to the busy location of the business.

Our client would be willing to offer a handover period to the purchaser, this will help the transaction run smoothly. This restaurant has very little competition around and would be a great opportunity for any purchaser with experience in the trade.

The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

The following is included in the sale:
1x 2.10 x 1.30 walk in freezer
1x 2.10 x 1.30 walk in fridge
2x 1.8 m Undercounter Refrigerator - 3 Solid Door
1x Lincat Oven.
1x Lincat Double 20L Fryer
1x Ariston Water Boiler
1x 2m Electric Heat Lamp
1x Classeq Dishwasher
1x Lincat Flat Griddle
2x Extraction Fans
3x Electric Fly Traps
2x Extraction Canopies
2x Electric Gyros Machines
1x Double Toaster
1x Lincat Silverlink 600 Electric Countertop Chargrill
1x GGMG Astro Drinks Fridge
1x Countertop Prep Fridge
2x Stainless Steel Kitchen Tables.
1x HP Printer/Scanner/Fax Machine
2x Cold Display Serve Over Counter
1x Hot Display Serve Over Counter
2x 3 Door Bar Fridge
1x 2 Door Bar Fridge
3x Dyson Hand Drying Machines
2x Revolving Cake Display Fridges
1x Ice Cream Freezer
1x Double Door Commercial Freezer
1x Open Display self-service Fridge
1x La Spaziale Coffee Machine with 2 Group dispenser
1x Double Pancake Machine
1x Double Waffle Machine
3x Commercial Restaurant Induction Hob
2x Mixers
3x 4K UHD Samsung TV's with 4 way HDMI splitter
1x Sony HD TV
1x Double Tap Lindr Draft Beer Dispenser Machine
Over 30x Light Fittings
1x Camera System for Kouzina (7 Cameras)
1x Camera System for Metaxi Mas (8 Cameras)
2x Fire Alarm Systems
1x Burglar Alarm System
4x Professional Sound System Peavey Speakers
1x Professional Behringer Mixing Console
2x Pavement Display Boards
2x Front of Shops Canopies
1x Rear of Shops Loading Bay Metal Shutter
1x Electric Eskuta Delivery Moped worth £550
5x 3KW Space Heater Electric Devices
1x 1KW Space Heater
4x Toilets and 4x Wash Basins
7x Flower Baskets
3x Olive Trees with their Clay Pots. From Crete
4x Decorative Trees
Plates, Cutlery, Glassware, Pots, Pans, dishes etc.
2x Glassware Supports
4x Fire Extinguishers
4x Square Wi-Fi Till Systems. Two with Cash Drawers
2x Brand New 3 Phase Electric Consumer Units and New Wiring.
4x 4 seater turquoise square tables
14x Grey Plastic Chairs
4x White Rectangular 8-seater tables
2x Brown Rectangular 6-seater tables
3x Brown Round 4-Seater tables
6x Brown Square 4-Seater tables
36x White Wooden Chairs with straw seats
17x White Wooden Chairs
2x Routers
1x Landline Phone
2x Samsung Commercial Microwaves

Very rarely do businesses of this calibre come to the open market therefore, early viewings are highly recommended to avoid disappointment.

Location
The business is located just outside the town centre within a heavily populated area from which the business derives much trade, truly at the heart of this vibrant community. Situated on a main strip the business also benefits from free parking.

3 businesses in one situated next to each other in ideal trading spot!

Premises
Main restaurant –

Substantial premise briefly comprising:-

Well-presented frontage with good signage and bench style seating.

Main entrance with bar area to the left, comfy seating throughout the bar, 50 indoors 38 outdoor seating.

Male and female toilets to the rear.

Connected though the kitchen is the takeaway side of the business.

And separate to the business premises, this is the sweet corner.

Tenure
We are advised the businesses are being sold on a Leasehold basis with the following terms in place:
Kouzina £2000 + VAT + Service Charge - 2.5 years remaining on the Lease.

Metaxi Mas £2000 + VAT + Service Charge - 5 years remaining on the Lease.

Sweet Corner £1000 + VAT + Service Charge - 5 years remaining on the Lease.

Hours
The business opening hours are as followed:
Monday to Wednesday - 11:30am - 20:00pm

Thursday to Saturday - 11:30am - 21:00pm

Sunday - 11:00am - 17:30pm

Staff
The businesses are run and managed by 3 full time members of staff.

Financial Profile
We are advised the businesses generated a turnover of circa £290,000, further financial information can be made available upon request.

Please quote reference B06693

Property Information

Property:

Leasehold

Contact Hilton Smythe

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