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Tuesday 26th of Sep 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£67,000

Hi Quality Grill Restaurant And Take Away Premium Advert

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Further Details
Reference36971-85443 / RightBiz
Status
FOR SALE
Advert ID200723
LocationUndisclosed, West Midlands
SectorRestaurants, Take Aways Businesses
Leasehold Price£67,000
Annual Turnover£220,000
Annual Net Profit£50,000
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Grill Restaurant and Take Away

The business for sale has become the restaurant of choice to its loyal and growing customer base. The Restaurant is located to the South East of Birmingham city centre in a very busy residential area close to the airport. The store has excellent financials and operates 7 days per week. The restaurant has an enviable record of growth since its new beginnings in April.

Showing Instructions
Highly Confidential Must Contact Listing Agent for Instructions

Competitive Overview
This is a great opportunity to purchase a successful restaurant and take away that has been re branded, fully fitted out with new equipment and refurbished throughout.
The Halal menu offers a very comprehensive range of all types of foods and flavours to cater for the demands of its customers. Food can be eaten in the restaurant, taken away or delivered directly to your door.
The current menu offers Pizza, Tandoori, Southern Fried Chicken, Speciality Burgers, a wide variety of kebabs, great curries, some excellent grilled meals, a variety of breads and even a selection of deserts and soft drinks.
The current owner is looking to purchase a new business which will not permit sufficient time for him to continue to lead the team. He has established employees in place and he will provide the new owner with all technical assistance to ensure that the restaurant continues to be a success.
The premises include a substantial food prep and storage area, excellent seating and a counter area which ensures that food can be prepared efficiently to the expected quality standards.
The business enjoys a favourable rent, is zero rated and has a 20 year lease in place.

Potential Growth
The current owner has spent over 30 years in the food and restaurant trade and has used all of that experience to develop and deliver an excellent menu and lead the team to achieve consistent weekly takings in excess of £4000. A 60% improvement in a few short months. The current plan is to achieve weekly takings of £7000.
In summary the business is located in a busy residential area, it has a very popular menu which offers an excellent choice. The current team have developed a food and customer service solution which has and will continue to deliver excellent financial performance.
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