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Recently Re-opened Restaurant For Sale

Essex, UK
Asking Price:
£55,000
Turnover:
£52,000
Net Profit:
Undisclosed

6 DAYS OPENING

RENT £9,600 P.A.

4-STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 560 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, plaster board ceiling and pendant lighting.

Tables and chairs for 22 customers.

Sales counter, electric cash register, 2 group coffee machine, grinder, under counter fridge, iced coffee machine, etc,

Kitchen - Stainless steel extractor, 2 double basket deep fat fryer (gas and electric), oven, 4 burner hob, microwave, small oven, 2 grills, 2 chest freezer, single door freezer, single door fridge, double sink and drainer, stainless steel preparation table, etc.

Customer cloakroom with toilet and wash hand basin.

LOCATION: Situated in a parade, busy road, ESSEX

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £1,000 P.W. (increasing) with a Gross profit of 65% approx.

Presently the restaurant does not serve liquor, but, subject to planning permission the sales of beers, wines and spirits could be introduced further boosting sales.

STAFFING: The business is at present operated by 2 partners and 1 full-time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold