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Asking Price
£50,000
Description
This is a very well established and popular Thai restaurant.
Founded by our clients over 7 years ago, the restaurant is only now being reluctantly offered for sale as they wish to reduce the hours they currently work.
The restaurant has an excellent local reputation for quality food at a reasonable price and offers a large and varied menu, which is all freshly prepared as well as a full range of alcoholic drinks.
The restaurant has approximately 50 covers arranged in a long rectangular shape and the premises are in very good decorative order throughout with a new owner having nothing to do on takeover.
The business has 2 full time employees as well as 3 part time, who work on an as and when required basis. They currently achieve annual sales of circa £60,000 with most customers coming from within a 10 mile radius.
The restaurant does only minimal advertising with most new diners coming from personal recommendation and word of mouth.
We are advised that stock at cost is approximately £3,000.
The restaurant has a fully equipped commercial kitchen which includes:
- 5 burner wok cooker
- 4 microwaves - 3 domestic, 1 commercial
- Double door stainless steel fridge
- Single door stainless steel freezer
- Under counter freezer
- Stainless steel prep tables
- Extractor fan
- Hot cupboard
REF: 9363DE
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £60,000
Gross Profit: 70%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
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