Business Summary:
Vietnamese & Chinese Restaurant & Take Away
Confidentially offered for sale
Ref No: AC125
Location: London SE17
Asking Price: £92,500
The company has been established since 2001 and trades from a fantastic location in the centre of town. The business prepares fresh authentic Vietnamese and Chinese cuisine to take away, or to eat in. The restaurant seats 38 people comfortably within a traditional and authentic environment.
The business is a well-known reliable name within the community, and is renowned for it’s choice of products, and free local delivery
|
|
|
| |
|
| Facilities / Terms of Lease:
The business operates from a prime town centre location. The Restaurant has a double shop front, with upstairs stock rooms. In addition there is one double room and two single rooms that are currently rented out, providing an additional £18,200 per year income.
The premises itself is leasehold, with eight years remaining on the current lease. Annual rent is charged at £39,000 with rates charged additionally at £8,600 per annum |
|
| |
|
| Potential
Growth/Expansion:
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. |
|
| |
|
| Competition:
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, leaving a fantastic opportunity for the company to increase turnover via a new owner’s commitment to marketing the business.
The company currently advertises through ‘just.eat.co.uk’, detailing customer ratings |
|
| |
|
| Owner
willing to train:
Full support and training will be provided if required. |
|
| |
|
| Reason for selling:
The current owners wish to emigrate following the sale of the business. |
|
| |
|
Seller Reference Number: AC125
BusinessMart.com Listing Number: 36746 |
|
|
To request more information
on this business
please fill out the form shown right 
|
