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8915TF SHROPSHIRE FREEHOLD: £325,000 RESTAURANT/TEAROOMS

Asking Price: GBP 325000
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Business Location: United Kingdom » Shropshire » SHROPSHIRE 
Category: Food » Cafes & Restaurants
Description:
Advent Business Sales is pleased to offer for
sale this extremely well established business
with excellent further potential.
Originally established over 30 years ago and
in the hands of the current vendors since
2005, it is now reluctantly offered for sale
due to the vendors other commitments.
The premises are fully licensed to
accommodate 38 covers inside with a further
16 in the enclosed rear courtyard and are
tastefully decorated throughout to a very
high standard.
The restaurant offers all the usual services as
well as a specials board with various home
made seasonal offerings, they include:
• Hot and cold beverages
• Salads
• Pate
• Pies, soups and snacks
The premises are well equipped with a fully
operational commercial kitchen.
This popular restaurant has built an
excellent reputation with a good regular
clientele from local offices and daily
shoppers.
To further compliment, a healthy trade has
been established through private functions.
The business employs a full time chef with
the addition of 3 part time employees. The
vendor works in the business 2 days a week.
The property further consists of a delightful
two bed apartment, which is currently
occupied by the vendor but any new owner
may want to capitalise on rental income.
REF: 8915TF
 
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Financial Information:  
Annual gross sales: (GBP) 60000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2005
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 3 part time employees
No of trading hours: Mon-Fri: 9am – 3pm Sat: 9am – 3pm & 6pm – 9pm
Reasons for selling:
Originally established over 30 years ago and in the hands of the current vendors since 2005, it is now reluctantly offered for sale due to the vendors other commitments
Market competition and expansion:
The business offers excellent scope to increase both the turnover and profits further by: 1. Increasing opening hours 2. Further promote the alcohol licence 3. Owner management 4. Encourage more group bookings for private functions 5. Local advertising
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