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Restaurant Serving Middle Eastern Cuisine In Tyne And Wear For Sale

Tyne and Wear, UK
Asking Price:
On request
Turnover:
£903,400
Net Profit:
Available on request

BASED IN TYNE AND WEAR
YE23 turnover in excess of £903,400, with an adjusted EBITDA of over £58,000.
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