Popular Chinese Takeaway Restaurant For Sale
Details

Popular Chinese Takeaway/Restaurant For Sale
Ref : BFS1152
Location : County Down, Northern Ireland, UK
Asking Price : £130,000
Turnover : £192,000
Gross profit : £128,000
Premises : Leasehold

About the Company

Leasehold

Asking price includes:

Turnover circa - c£192k
Gross Profit circa - c£128k
EBITDA - c£34k (before drawings)
Equipment - c£50k

Outstanding reputation
Loyal client base
Well maintained equipment
No local competition
Known for their high quality food
Ideally situated in a local village

First established in the late 1990’s, this popular Chinese takeaway/restaurant is situated in a quaint village in Northern Ireland. The business principally trades as a takeaway, but offers a dine-in restaurant service offering a welcoming and relaxed atmosphere. The vendors have been praised for their outstanding service and fresh, quality food. Currently the vendors take a hands-on approach and are involved in the daily running of the business. As a result, the business enjoys high levels of repeat business and has received excellent word-of-mouth recommendations.

At present, there are 3 full-time and 3 part-time employees.

Wednesday – Sunday
17:00 – 23:00

Key Considerations:

• Ideally situated on the mourne coastal route
• 5 room accomodation above the shop floor which can be occupied for staff or owners
• Stable client base
• Picturesque Location
• Profitability
• Well established
• Fresh and high-quality food
• Friendly and welcoming atmosphere
• No local competition
• Potential for buffet-style service which would increase clientele and turnover
• Home delivery
• Well preserved equipment
• Advertisement via Facebook and TripAdvisor
• Outstanding reviews on TripAdvisor
• NOT vendor dependant
• Scope for greater turnover if the business were to open on Mondays and Tuesday
• Potential for lunch-time service

Financial Information:

Turnover c£192k
Gross Profit c£128k
EBITDA c£34k (before drawings)
Equipment value £40-50,000

Listing Code CxLEXxyJv3c
Business Tenure LeaseHold
Listing Type Seller
Click for Contact Details
The Business Partnership
05/10/2018 County Down