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Well Known Restaurant In Ladypool Road In Birmingham For Sale

Birmingham, West Midlands, UK
Asking Price:
£189,000 Furniture / Fixtures included
Turnover:
£7,280,000
Net Profit:
£50K - £100K

City Business Brokers are pleased to introduce to the market this well-established concern which has earned itself an excellent reputation for its quality of food, ambience, and friendly service during almost 10 years of highly successful trading.
The business primarily offers a full and varied Fast Food menu of classic homemade dishes. This is prepared freshly to order and served in the very pleasant surroundings of a stylish, tastefully furnished and appointed in-house dining area which accommodates 200 covers over potentially two levels.

Included in the sale price is the valuable inventory of all catering and ancillary fixture and fittings necessary for the successful operating of the business making this a truly comprehensive commercial package which ought not to be missed!

Over the years, the current owners have grown a regular customer base and maintained an excellent reputation and high degree of goodwill for any new owner.
Employing a small team of full and part time staff who could be an asset to any purchaser, this would present a marvellous opportunity for anyone with an appropriate catering or management background seeking an extremely well located, superbly equipped and locally available concern.
The business is also adaptable to further potentially lucrative licensed dining and hospitality opportunities providing any enthusiastic buyer with ample scope for continued growth and increased profitability. This might include a degree of menu expansion, the introduction of further wines and spirits, Sheesa Lounge , extend daytime hours exploiting local demand, and generally adopting a more vigorous marketing policy for the restaurant’s excellent existing facilities and services.
We would therefore unreservedly recommend a viewing of a stunning commercial proposition of unique quality. An excellent existing business opportunity combined with the potential for further development, this only comes onto the market due to the desire for semi-retirement and has consequently been very sensibly priced to ensure the earliest possible sale.
The business has a reasonable level of turnover and further figures can be discussed at viewing stage.
Lease – The premises are being offered with the benefit of a nine year lease.

Property Information

Property:

Leasehold

Lease Terms:

9 years remain

Location:

In the heart of the Balti Triangle Birmingham

Premises Details:

3 storey premises ...

Business Operation

Expansion Potential:

Menu expansion ,introduction of further wines and spiri

Reasons for selling:

Business Diversification

Years established:
10