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Business For Sale

Nottingham L/H £69,500 Wine Bar/Italian Restaurant

Nottinghamshire, United Kingdom, GB

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$69,500
$75,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
1 Full Time / 1 Part Time
872524767

Business for Sale Overview:

Wine Bar/Italian Restaurant Nottinghamshire. Asking Price: Leasehold: £79,500 plus SAV. Advent Business Sales are pleased to offer for sale this popular wine bar and Italian restaurant. Established 4 years ago and with current ownership since 2006, the business has reluctantly been offered for sale as the vendors have a strong desire to emigrate. This well appointed restaurant has the capacity for 30 covers inside with further space outside in the courtyard, which has currently not been utilized to its full potential.

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:

Well appointed lower level restaurant with a town center location and briefly consisting of the following: Ground Floor; Entrance; Ladies and gents w/c’s; Storage; Door leading to courtyard; Stairs to lower level restaurant; Lounge area with comfortable seating and bar area fully stocked and free of tie; Leading into 30 cover restaurant; Fully equipped commercial kitchen; External; Courtyard to rear, which can accommodated further seating; Parking to front.

Market Competition and Expansion:

The premises is not limited in the type of food offered, it could easily accommodate a good quality Indian or Chinese restaurant. Alternatively, a number of usages such as a private members club or a coffee shop could prove beneficial for the area.

Reason for Selling:

vendors have a strong desire to emigrate.

Additional Details:

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

Resources:

 

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