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Restaurant Serving Middle Eastern Cuisine In Tyne And Wear For Sale

Tyne and Wear, UK
Asking Price:
Undisclosed
Turnover:
£1,033,000
Net Profit:
Undisclosed

BASED IN TYNE AND WEARYE25 turnover of £1,033,000, with an EBITDA of £128,000.Has demonstrated profitability throughout its operation, averaging a gross profit margin of 69%.Projected turnover of circa £1m in YE24.Serves fresh Middle Eastern dishes, desserts, beer, homemade drinks and presses.Offers speciality dishes for customers who have vegan, vegetarian, gluten-free, and dairy-free requirements.Asset register valued at circa £65,600 is to be included within the sale.Restaurant has continually achieved a five-star FSA rating.Benefits from 66 covers and a capacity of 150 standing customers overall in the restaurant and bar.Operates from leased premises as part of a long-term contract.Offered for sale to facilitate other unrelated business ventures.Offers invited.

Property Information

Property:

Leasehold