Businesses For Sale > Business For Sale in Cheltenham, Gloucestershire, UNITED KINGDOM - UK (UK)

AC323-Cheltenham, Gloucestershire-£950,000-Cantonese Restaurant - Freehold Premises with 6 Bedsits for sale in Cheltenham, Gloucestershire, UK

Cheltenham, Gloucestershire, UNITED KINGDOM - UK (UK)

Business Summary: Cantonese Restaurant - Freehold Premises with 6 Bedsits www.rubycantonese.co.uk Offered for sale Ref No: AC323 Location:Cheltenham, Gloucestershire Freehold Asking price: £950,000 This well known and extremely popular Cantonese restaurant has been trading under the same family ownership for twenty years. The restaurant has established itself as one of the best eating establishments in Cheltenham, attracting a regular and loyal clientele. The restaurant offers the best of both worlds, there is a main dining area that is complimented by a second room that itself caters for forty covers, plus two more intimate alcoves for couples or small parties. The glass fronted kitchen allows customers to watch the preparation of all of the dishes in the immaculate cooking area and to see the level of professionalism and experience that goes into each and every dish.
Year Business was Established: 1991
Number of Employees: 8FT/3PT
Competition: The business occasionally commissions a leaflet drop to specific areas of the city and also advertises seasonal offers. The restaurant has developed its own loyalty card that has proved to be very popular and it is also a member of the exclusive “Best of Cheltenham” register.
Owner willing to train: There will be a full and professional handover of the business depending on the individual requirements of the purchaser.
Reason for selling: The managing director has been involved in running the business for twenty years and would like to sell both restaurant and freehold to allow him to fund new catering ventures.
Seller Reference Number: AC323 BusinessMart.com Listing Number: 95738
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