Advert Ref: LR2083

Profitable Town Centre Licensed Restaurant For Sale

  • West Sussex, United Kingdom
Asking price:
£85,000
Sales revenue:
£186,926
Net profit:
£56,169
Years established:
Well established.
Employees:
Full time chef, two full time waiters/waitresses and casual part time staff as required.
Photograph of this business for sale

Established air conditioned restaurant, with up to fifty covers depending on layout, plus a further twenty covers to the‘al fresco’ seating area. Currently operating a very successful Spanish menu offering traditional Spanish cuisine and continental specialities. Scope for the introduction of varying cuisine types. Whilst possessing a 1am licence, the restaurant only opens midday until 3pm and 6pm until 11pm six days per week and midday until 4.00pm on Sundays.
Prime town centre location with ample free car parking nearby, set within a prestigious shopping development with Waitrose as anchor tenant and with nearby bars and restaurants. Excellent weekend trade.

Property:
Leasehold
Location:
Situated in a West Sussex market town, population c50,000, convenient for both London and Brighton. Excellent road and rail links with direct rail line to London Victoria and London Bridge.
Prime trading position sited within a prestigious modern shopping development built around a courtyard with Waitrose as the anchor tenant. Very busy weekends and with good lunchtime trade. Excellent customer car parking close by.
Support & training:
Post completion support available if required.
Reasons for selling:
Relocation.
Financing available:
Via Ashley Tate's recommended panel of banks and brokers.
Fixtures value:
Undisclosed
Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, you can contact us via any of the three options below.