Small Restaurant Chain (“The Company”)

Description

This business has now sold.

 

Business

The business and assets of a company comprising two trading restaurants and one closed site.

All three restaurants are located in the South East of England.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Valuation as appointed agent on behalf of the Vendor.

Business Overview

  • The Restaurants are established and in popular and affluent areas;
  • The trading restaurants have operated since 2014 and 2017, the one non-operating restaurant had operated between 2013 and March 2018;
  • Turnover full year to 31/7/18 £814,505;
  • Three Leasehold Premises.

High Level Financial Information

  • Year End Turnover 31/07/16: £1,119,090, Net Profit: £4,506;
  • Year End Turnover 31/07/17: £1,156,187, Net Profit: £5,055;
  • Year End Turnover 31/07/18: £814,504, Net Loss: (£99,260).

Assets Available for Sale

  • Unencumbered Fixtures & Fittings;
  • Stock;
  • Goodwill;
  • IPR to include Website & Social Media Platforms;
  • Leasehold interests.

Location

South East England, UK

Deadline for Offers

Indicative offers no later than 12 noon on the 7 November 2018, all offers to be supported by proof of funds.

For Further Information

Please contact James Sayer on 0161 359 4332 or email [email protected]

Sector

Leisure / Restaurant.

Turnover

£800,000 plus

Category

Business for Sale.

Location

South East, Engand.
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