£35,000 - Catering, General Retail
Great opportunity to own a well-established business in Bearwood with a reputation for great service and standards at competitive prices .The business benefits from experienced staff and a great reputation based on 35 years of trading! Located on two floors
Ground floor-Entrance leads to a 62 cover restaurant with a well-stocked oval bar with decoration
Restaurant has a great ambience with luxurious seating and subtle lighting . Fully fitted Kitchen and preparation area. with Storerooms and bathroom facilities
Potential for use for other Cuisines such as Chinese , Thai or European .
Genuine retirement sale and handover period guaranteed.
The present owner has run this business now for 35 years , they employ 6 staff , 2-Chef , Tandoori assistant ,Kitchen Porter and 2 Waiters .
Hours of work –7DAYS 6PM –LATE Clientele – 40+ years old , professional business people and locals
Strengths of the business –Well Established and regular clientele
Potential – Large restaurant can cater for Buffets and Functions – Indian, Thai, Chinese and other European cuisine, has regular clientele with regular mailings .
Opportunities – Greater profits if Owner /Manager work full time, rather than a t present part time. Sub-letting is a possibility (upstairs)
Financially the business averages £3000 per week
Rent amounts to £18,000 per Year and rates are £2000 per year Lease of 15 years
Currently carries a stock of £1000 and a complete ff&e is available on request and is included in the sale price
This information is given by the owner and City Business Brokers cannot guarantee fully all facts are correct.