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Well Established Lebanese/Grill Restaurant & Takeaway In Middlesbrough For Sale

Middlesbrough, North Yorkshire, UK
Asking Price:
£119,995
Turnover:
£450,000
Net Profit:
Available on request

Hilton Smythe are delighted to present to the market one of Middlesbrough’s busiest and most well regarded Lebanese/Grill Restaurant & Takeaways.

The exciting ‘Turn-key’ opportunities first established itself in the area in 2012 and due the other business interests of our client in another area, he is looking to pass the multi-faceted business to someone new.

The unique and fresh menu includes –

Soups – lentil, vegetable, chicken
Starters – hummus, moutabal, tabbouleh, warak enab, kabees
Salads – house, Fattoush, hot salad, cucumber
Hot mezza – falafel, foul mudammas, batata harra, grilled chicken wings, moussaka, hummus shawarma, halloumi.
Bakery & pastry – sambousek cheese, manakeish bizzaatar, manakish cheese, arayes, lamb
Main courses – shawarma chicken, special, grilled chicken kebab, kafta meshwi, mixed chicken, mixed grills, baby chicken, king or superking The Bake mixed grill, aubergine moussaka with lamb, biryani, kabasah.
Parmesans – chicken, fungi, pepperoni of hot shot
Sides
Wraps
Fresh juices, soft drinks
Desserts & ice cream

The Restaurant/ Takeaway attracts a very loyal customer base, popular with couples, families, the local student market, office workers and others working within the area.

In normal trading circumstances the business is split evenly between customers dining in the restaurant or those ordering online for delivery.

We are advised majority of the current sales is taken from delivery orders through Just Eat as well as those walking into the business for collection orders.

There are excellent reviews online for the business –

Just Eat – 5/6 customer review score from over 1,100 reviews
Facebook – 4.5/5 customer review score
Google – 4.4/5 review score
Trip Advisor – 4.5/5 review score

The Restaurant is not licensed however allows customer to bring their own alcohol in when dining.

Further scope for development –

Increase dining space into 1st floor Shish Lounge
Increase number of private parties/weddings/office dinners
Apply for alcohol licence
Increase social media presence including Facebook, Twitter & Instagram

Financial Profile

We are advised that the business is generating a turnover in the region £450,000 for the year, with the adjusted net profit in the region of £100,000

Property Information

Property:

Leasehold

Location:

Bake Two is centrally located on the busy Borough Road in Middlesbrough.

Borough road is a vibrant street with lots of Restaurant & Takeaway businesses which leads straight into the town centre to both the Cleveland centre and Hill Street Shopping Centre.

This is a very good high footfall area, with both Teesside University directly facing as well as Teesside Magistrates Court in front.

Middlesbrough is a large town located just off the A66 cross country link road which links west to the A1 motorway.

The business benefits from free parking in the adjacent streets.

Nearest mainline station is Middlesbrough central.

Premises Details:

Prominent double fronted corner unit spread over 2 floors with electric security shutters to both side

Ground floor –

Consists of an open plan grill area and separate dining area for (approx. 30 customers)
Customer toilets
Kitchen
Storeroom
Staff facilities.

First floor –

Shish lounge/2nd dining area (further 50 covers)
Customer toilets
Storeroom
Outside terrace.

Open plan grill servery –

Includes 2 x kebab machines
Large charcoal fired grill
2 x large extraction hoods
2 x triple fronted stainless steel fridge units
Table topped fridge
2 x glass fronted chilled servery fridges
Storage counter (with till, card machines & 2 x Just Eat order terminals)
2 x fryers
Single deck oven
Microwave
Griddle
Gas oven
Freezers.

Business Operation

Trading hours:

The business hours are;

Monday - 11am to 11pm
Tuesday - 11am to 11pm
Wednesday - 11am to 11pm
Thursday - 11am to 11pm
Friday - 11am to 11pm
Saturday - 11am to 11pm
Sunday - 11am to 11pm

Employees:
We are advised that the business has 3 full time and 2 part time members of staff.