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Well Established Thai Restaurant And Takeaway In Devon For Sale

Devon, UK
Asking Price:
£249,999
Turnover:
£439,000
Net Profit:
Undisclosed

CoGoGo are delighted to welcome to the market Koh Thai Noodle, a highly rated restaurant and takeaway located at the Derriford Hospital in Plymouth.

The business was first established by our client in 2018, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is extremely popular due to its location.

Koh Thai Noodle has now come to the open market due to our clients desire to concentrate on other business interests.

Koh Thai Noodle offers fantastic Thai Soups, Noodle Dishes, Stir Fried Boxes & Curry Pots to take away.

Koh Thai Noodle is renowned in the area for its quality and presentation of freshly prepared Thai Soups, Noodle Dishes, Stir Fried Boxes & Curry Pots, paying special attention to every fine detail in their menu and only using the very finest and freshest ingredients.

Food is freshly made to order on the premises, with customers able to dine in (30%), takeaway their food (60%) or get it delivered (10%).

The business is proud of its five star hygiene rating, with the sale including the company website. The restaurant The business is proud of its five star hygiene rating.

Key selling points -

A well established business with an enviable reputation and many regular customers
Prime trading position at Derriford Hospital and benefitting from loads of footfall
Ideal owner managed or partnership business
Current owner would be happy to offer a handover to ensure the success of the business
A real opportunity to increase turnover and profits significantly, current owner been running at a pace to suit due to his other business interests

Scope for further growth -

Advertising and Marketing campaign. A local leaflet drop usually yields good results
Maximise the use of social media
Introduce a customer loyalty card / scheme
Invest in SEO and PPC to drive new customers to the business

Financial Profile

We are advised as per the 2022 accounts, the business generated a turnover in the region of £439,000. Further financials can be made available upon further request.

Property Information

Property:

Leasehold

Location:

Koh Thai Noodle Limited occupies a highly desirable trading position at Bircham Park, on Derriford Road in Plymouth.

The restaurant has eye catching signage, receiving high levels of footfall and passing trade as its located outside the Derriford Hospital.

There is ample parking within the area.

Premises Details:

The business occupies generous premises ideally suited to the trade with restaurant and commercial catering kitchen.

Business Operation

Trading hours:

The current trading hours are -

Monday - Closed

Tuesday to Sunday - 11:00am - 9:30pm

Employees:
We are advised that the business is run and managed by our client, with the help of 4 full-time and 7 part-time staff members.