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Business For Sale

Pub/Restaurant

'Canvey Island', United Kingdom, GB

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$130,000
$196,704
$111,282
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
2
252614382

Business for Sale Overview:

This family-run traditional Bar and Restaurant is a favorite destination venue, being situated within a superb location offering excellent food and a good atmosphere. Friendly and well equipped with distinctive character the restaurant offers diners a very convivial and informal atmosphere in which to dine. Efficient and professional the pub has a smart look with stylish furniture and tasteful prints on the walls. The décor is warm, welcoming and comfortable, all the right ingredients for business people, tourists and families for a superb night out. The restaurant has built itself an impeccable reputation for good service, fine wines and wholesome cuisine, utilizing only fresh ingredients which are cooked to order on site, creating genuinely excellent fare and unrivaled value for money. Clients are greeted by charismatic and relaxed waiting staff who make the dining experience very memorable. The colorful menu offers a varied choice of starters, main courses and deserts, so undoubtedly something to suit all tastes. The bar is well stocked with a good wine selection to compliment the menu.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business operates from a large detached property fully equipped and ready to go. The kitchen is fully fitted with three good bar areas. The restaurant is circa 1,000 square foot plus a further 500 square foot games room, stock room and barrel room. There is a large beer garden plus a car park for up to 70 cars. In addition to the pub and restaurant, there is at three bedroom flat above the pub. Annual rent is charged at £52,000 per annum with rates charged additionally at £45,000. There is currently nine years remaining on the existing Tied lease.

Market Competition and Expansion:

Most of the pub’s patronage, is as a result of word of mouth recommendation, bearing strong testimony to the excellent reputation it has achieved as a restaurant of quality and unsurpassed service. The pub is listed on Yell.com although doesn’t have an active website, and undertakes leaflet drops in the local area.

Reason for Selling:

Due to family commitments.

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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