| (REF: kbs 36787) Investment Property/Restaurant For Sale |
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| Seller Reference: |
kbs 36787 |
| B4S Reference: |
16837 |
| Asking Price: |
£125,000
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| Net Profit: |
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| Sales Revenue: |
£260,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Middlesbrough, Durham, United Kingdom |
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The business was established by our client in 1982, and has grown since this date to become what we are advised is one of the most well respected Indian restaurants in the area. Seeing significant levels of turnover in the 80’s and 90’s our client decided to put a manager in place between 2005 and 2007, but took charge again due the restaurant being mis-managed for this term. Now the restaurant has cemented its reputation for the highest quality food and service, and sees large volumes of repeat custom. Licensed for 100 covers the restaurant has an alcohol licence and also offers takeaway and a delivery service for its meals. In addition, the restaurant also caters for outside events such as weddings, which brings in strong additional income and profits.
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Property: |
Freehold |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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