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Thriving Vietnamese Restaurant In Chester For Sale

Chester, Cheshire, UK
Asking Price:
£150,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£235,000
Net Profit:
£32,641

Rare Opportunity: Own the Exclusive Vietnamese Culinary Haven in Chester!

Seize the culinary spotlight in Chester with our unique restaurant, the city's sole destination for authentic Vietnamese cuisine.

Enjoy the luxury of limited competition in a bustling locale near the iconic city wall, ensuring year-round footfall.

With a strategic 90/10 in-house to takeaway trade ratio and sales consistently surging month by month, this 40-cover establishment, having flourished over just a year, is a testament to its untapped potential.

Our success story presents an enticing proposition for passionate restaurateurs seeking a thriving venture.

There's scope for longer opening hours in the bustling summer months as we didn't manage to get our footing on time to tap the full potential of the footfall that was evident in our first year of operation (ice-cream & bubble teas are on the cards this summer.)

The visionary owner, now shifting focus to new business horizons and exploring other industries, is ready to pass the torch to an equally passionate successor. Don't miss out on this rare chance to step into a flourishing enterprise and make your mark in the vibrant culinary scene of Chester. Act swiftly – the recipe for success awaits!

Property Information

Property:

Leasehold

Lease Terms:

New lease given upon sale. To deal directly with landlord.

Leasehold Rent:

£24,009 per annum

Location:

5 City Walls, Chester.

Premises Details:

Listed building.

Size in square feet:
~1,400

Business Operation

Competition / Market:

Only restaurant on the walls with others being cafe and dessert establishments.

Reasons for selling:

Mentioned in description.

Trading hours:

Wed 17:00-20:30
Thu 12:30-14:30/17:00-20:30
Fri 12:30-14:30/17:00-20:30
Sat 12:30-14:30/17:00-21:00
Sun 12:30-14:30/17:00-20:30

Employees:
7
Years established:
2023

Other Information

Support & training:

Full handover support as sister restaurant is currently down the road.

Furniture / Fixtures value:
£90,000 - included in the asking price
Inventory / Stock value:
£2,000 - included in the asking price