Based in the centre of Lincoln, the opportunity forms a vibrant and dynamic Asian restaurant that boasts exceptional profit margins. The licensed restaurant offers authentic Vietnamese Cuisine and is a genuine turnkey opportunity. The location of the business is one of the best in the region, and our client holds a tangible share of a competitive market. Since forming in 2020, the business (which operates as a partnership) has grown organically in all areas and now holds a very consistent financial model. Due to the significant student population within Lincoln, there is a busy day time and weekday trade that is complimented by general weekend clientele.
Key Highlights:
• High gross profit margins that exceed 70% across the menu
• 20,000 student population living close to the restaurant
• Ranked within the top 5 restaurants in its city
• Ideal for owner operation and as a bolt on to an existing concern
• Recent fit out that exceeded £50,000 in investment
• One of the best fitted Asian restaurants in Lincolnshire
Company Overview:
The business would be ideal for owner operation and is currently family managed alongside a competent team of staff. The prime position of the restaurant generates natural trade from the clear footfall. Upon entering the premises, the quality of the fit out, atmosphere, kitchen and food and drink offering is clear. We advise an early inspection of the business to appreciate the rarity of this opportunity.
