For sale £50,000 - Restaurants
City Business Brokers is delighted to welcome to the market this popular and busy Chinese Restaurant and takeaway business, which is in a prime location within Burntwood Shopping Centre ( 4 miles from Lichfield ) The business was established in 1999 and is only now being offered to the market, due to our client’s family commitments. The business currently operates 6 days per week and generates a turnover in the region of £250,000 per annum, with a good gross profit.
Our client offers a wide range of Chinese cuisine to eat in or take away including starters, seafood and vegetable dishes, chicken, beef and pork dishes, noodle and rice dishes and set meal deals for 1 to 4 people, as well as a selection of soft drinks and desserts. Our client also offers a delivery service within the area. The property boasts ample floor space and is very well-maintained with a full commercial kitchen. With the two floors the restaurant can cater for up to 50 covers . The business also has the added benefit of free parking for customers .
The business has built up an excellent reputation within the period of time it has been trading, which has resulted in a loyal client base, with a high amount of repeat trade and word of mouth recommendations. The business also participates with the popular online food ordering websites We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering lunchtime trade. A new owner could also embark on a marketing campaign to promote the cuisine offered. The business would benefit from a dedicated website, which could incorporate online ordering facilities.
We are advised Leasehold: Remaining lease length: 10 years Rent: £13,012per annum
The business is open: Tuesday-Thursday 5.30pm – 10.30pm Friday – Saturday: 5.30pm -11.00pm – Sunday: 5.30pm – 10.00pm
This is an excellent opportunity for a new owner to take this busy Chinese Restaurant and takeaway business to the next level, or it would make a good bolt-on opportunity for a similar business wishing to expand; therefore, early discussions with City Business Brokers must come highly recommended to avoid disappointment.
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please complete the form below or telephone 0121 452 5133/ 07775903332
All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy
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