Restaurant for sale – Stourbridge area . West Midlands

For sale £99,950 - General Retail

Recently established restaurant for sale – Stourbridge area . West Midlands

£99950 incl all fixtures , fittings and equipment

Great opportunity to own a recently established business in Stourbridge area with a growing reputation for great service and standards at competitive prices .The business benefits from experienced staff

Ground floor-Entrance leads to a 120 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 Persian, Indian ,Chinese , Thai or European .

The present owner has recently refurbished the restaurant to very high standards and due to Family commitments in London , this is a now a reluctant sale

Hours of work –6 days per week – 4pm -11.30pm

Strengths of the business – Great Ambience in a well known food quarter

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 at present part time. Sub-letting is a possibility (upstairs)

Financially the business averages £2000 per week , first few months of trading

Rent and Rates tba – Present owner will give a 5 or 6 year lease upon good references

Currently carries a stock of £3000 and a complete ff&e is available on request and is included in the sale price

Reason for sale Family commitments

# This may also prove a great freehold opportunity for a Business investor with a potential of splitting the floorspace into 3 business opportunities ( to be discussed further if of interest )

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 ring Kevin Stokes

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information

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