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AC248-‘All you can eat’ Self Service Chinese Restaurant

Asking Price: GBP 55000
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Business Location: United Kingdom » Others » Berkshire 
Category: Food » Cafes & Restaurants
Description:
‘All you can eat’ Self Service Chinese Restaurant
Ref.AC248
Location Berkshire
Asking Price £55,000
Established approximately eight years ago, and ideally located in a very attractive, modern building known locally for offering very good quality food at competitive prices, this business was one of the first self service Chinese restaurants in the area. As a result this business has built a long standing base of customers who regularly visit the restaurant.

This business operates on an ‘eat as much as you like’ basis. The price per head for unlimited access to the buffet varies based upon time and day with lunch customers selecting from over twenty authentic Chinese dishes with evening and weekend diners choosing from over fifty. The outlet has also recently introduced an increasingly popular takeaway option with on-line booking available through the business’s very effective website.

With many years experience of running a buffet style restaurant this business knows the importance of maintaining a constant availability of all the dishes on offer – and especially the most popular ones on the menu. All dishes are authentic - carefully prepared using the highest culinary expertise, combining locally sourced, fresh ingredients, herbs and spices, all cooked using traditional methods to create the widest possible choice of starters and main courses. And with everything readily available for customers to help themselves, service can be as quick as is required.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
300000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2001
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 11
No of trading hours: open between 12.00am and 4.00pm and between 6.00pm and 11.00pm seven days per week
Reasons for selling:
The current Owners wish to concentrate on their other restaurant interests.
Market competition and expansion:
Very well established, prominently situated and with a strong regular customer base, the business has little need of heavy marketing and advertising The business has a very well designed and informative website including online ordering functionality for takeaways which performs very well in all major search engines for all appropriate search terms. By far the most effective form of marketing for the business, however is the strong word of mouth recommendation the business enjoys, testimony to the excellent food, the wide choice and the high levels of customer service, the business offers.
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