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Stunning Japanese Restaurant - North Humberside For Sale

East Riding of Yorkshire, UK
Asking Price:
£250,000 Furniture / Fixtures included
Turnover:
£328,505
Net Profit:
Available on request

Prominent Shopping Centre Location
Five Star Food Hygiene Rating
Accounts Available Year End 31st July 2020
Annual Turnover £328,505
Gross Profit £187,305
Pre Covid-19 Figures Are Around £550,000
Accounts Available After Viewing
Seating For 80 Customers
Beautifully Presented Throughout
Strong Social Media Presence
Excellent Online Reviews
Comprehensive Website
High Footfall Area
Scope To Extend Opening Hours
Potential For Local Deliveries
EPC - TBC

REF 7514 – Leasehold Japanese Restaurant

Blacks Brokers are pleased to bring to the market this leasehold Japanese restaurant located in Beverley, North Humberside.

INTRODUCTION

The restaurant was created by our clients to deliver an authentic, fine dining, contemporary Japanese culinary experience which has grown into a highly successful and hugely profitable business. From the outset our clients have worked extremely hard to create the best Japanese restaurant in the area.

Since inception our clients have created a unique and diverse fusion of exceptionally prepared and presented Japanese dishes to suit all tastes and prides itself on using locally sourced produce across its menus.

The business is open for dinner and lunch times across the weekend and also offers a private dining experience in its 80 cover restaurant. The private dining experience at Ogino is unique and can accommodate up to 14 guests and a lounge area for pre-dinner or after dinner drinks. Private diners will have dedicated staff on hand to cater for any requirements during the service and is ideal for special occasions, corporate and business meetings

The restaurant has an excellent reputation which is evident in the large number of 5* reviews on TripAdvisor and has become one of the most desired places to eat in the area. It's this reputation that has ultimately led to the business establishing a loyal customer base with many new diners visiting the restaurant via word-of-mouth recommendations and referrals.

To add to this our clients have executed a sophisticated marketing strategy that includes an attractive and informative website, effective use of social media platforms and Google business rating.

PREMISES

Ogino Ltd is an highly successful Japanese restaurant that was established by our clients in 2012.
The business occupies approx. 260m2 the first and second floor of a commercial detached commercial property along Butcher Row in Beverley, East Yorkshire.
Access to the restaurant from the high street is made via a staircase or lift to the restaurant on the first floor.
The business is immaculately presented with a contemporary Japanese theme running throughout. There is a reception area and stylish bar that leads into the main dining area.
The main dining area has 80 covers with flexible seating arrangements and the private dining area to the rear.

LOCATION

Ogino Ltd occupies a prominent trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as M&S, Millets and Lakeland. There are also a number of car parks and nearby and the area is well linked by the A164, A1035 and A1079 with very strong public transport links.

REASON FOR SALE

The business can operate without a hands-on owner as there is a good management structure in place. The owners have other developing business interests that require their attention. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is under review, this runs at a cost of £529 per week.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON: CLOSED
TUE - FRI: 18:00 - 23:00
SAT & SUN: 17:30 - 00:30

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