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Public Bar And Separate Restaurant Kilmarnock (Ref. 1222) For Sale

Kilmarnock, East Ayrshire, UK
Asking Price:
£265,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Price reduced

The availability of Kadikoi Bar & Memory Lane Restaurant offers new prospective buyers, for the first time in 30 years, an excellent opportunity to acquire a well looked after and well loved restaurant and public bar business with genuine scope for potential to increase turnover and profitability further.

The business has been owned and run successfully by our clients for the last 30 years. This significant length of tenure is an obvious guide to how well the business has been run over the last three decades. However, significant potential still exists to increase and enhance the business further.

The Kadikoi Bar trades very well as a free house and the accompanying Memory Lane Restaurant is also well regarded within the town for excellent home cooked fayre as well as functions and funerals etc.

It is strongly felt that there is significant potential to develop from our clients’ long term ownership to improve the business further with the development and active promotion of the restaurant as well as the function room trade. Our client trades very well catering for functions most weekends but feels there is significant development potential for new enthusiastic, younger and motivated owners.

Property Information

Property:

Freehold

Location:

The Kadikoi Bar & Memory Lane Restaurant is located in Kilmarnock, one of the largest towns in Ayrshire with a population of approximately 50,000.

Premises Details:

The business is substantial occupying a single storey pub attached to a large restaurant and function room.

Business Operation

Reasons for selling:

Retirement.

Employees:
The business is run by our client with the assistance of 4 full-time & 4 part-time members of staff.
Years established:
30+ years

Other Information

Financing available:

Contact Cornerstone to discuss how we may assist you in arranging suitable finance.

Related Documents:

Contact Cornerstone Business Sales and Valuations

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