Business for Sale Overview:
The company has been established since 2001 and trades from a fantastic location in the center of town. The business prepares fresh authentic Vietnamese and Chinese cuisine to take away, or to eat in. The restaurant seats 38 people comfortably within a traditional and authentic environment.
The business is a well-known reliable name within the community, and is renowned for it’s choice of products, and free local delivery.
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 prime town center location. The Restaurant has a double shop front, with upstairs stock rooms. In addition there is one double room and two single rooms that are currently rented out, providing an additional £18,200 per year income.
The premises itself is leasehold, with eight years remaining on the current lease. Annual rent is charged at £39,000 with rates charged additionally at £8,600 per annum.
Market Competition and Expansion:
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, leaving a fantastic opportunity for the company to increase turnover via a new owner’s commitment to marketing the business.
The company currently advertises through ‘just.eat.co.uk’, detailing customer ratings.
Reason for Selling:
The current owners wish to emigrate
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.