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Successful Freehold Restaurant (fully licensed) 45 Covers For Sale

Advert Ref: CHE100385
Gwynedd, United Kingdom

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Asking price:
£205,000
Sales revenue:
£156,500
Net profit:
< £100k
Years established:
25


The Business Partnership is delighted to offer for sale this well established Mediterranean style restaurant (over 25 years) with an excellent reputation for its locally sourced and comprehensive home cooked menu, which is freshly prepared on the premises daily. The business is profitable with significant opportunities to build upon this success. The restaurant is fully licensed and is well placed to benefit from the busy university and other attractions in the area. The business has an informative web-site linked to the Welsh Directory and has a good reputation in the locality for its food. All products are sourced as organic where possible.. The vendor also produces numerous home made jams, preserves and chutneys which are popular with the regular local trade.

In addition to providing a quality menu, the business regularly caters for outside functions including weddings and corporate events and hosts regular weekends featuring International Cuisine such as Spanish, Italian and French.


Property:
Freehold
Location:
The Restaurant is located in a main high street location in a city in a reigon of outstanding beauty and is well placed to benefit from the busy university and other attractions in the area. The close proximity to local car parks ensures high footfall and has become a popular meeting place for many of the locals.
Premises details:
The premises consist of a good size dining area with covers for 45 customers. There is a well equipped bar and a small lounge to the front of the restaurant. To the rear of the main entrance a stairway leads upstairs to a large preparation area and very well equipped kitchen. To the rear of the building is a small office and separate storage area. To the outside of the kitchen is a large open roof area.

Expansion potential:
This is a superb opportunity to acquire a well established business with tremendous growth potential by increasing the trading hours to take advantage of the evening trade and to further develop the delivered side of the business.
Support & training:
The vendor would be willing to assist with a smooth transition of the business.
Trading hours:
10.00 a.m. - 3.00 p.m. Monday - Thursday
10.00 a.m. - 9.00 p.m. Friday and Saturday

For more information about this business for sale, click the Contact Seller button.


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