Restaurant for sale

Penzance, Cornwall

£39,950

Property Description

Key features

  • Unique catering business
  • TripAdvisor Certificate of Excellence
  • Excellent footfall and passing trade
  • Tourist location
  • Scope for further growth

Full description

Tenure: Leasehold

Reference
04369

Turnover
£78,000

Current asking price
£39,950

Primary business type
Takeaway

Opportunity
Intelligent Business Transfer are pleased to offer to the market a superb opportunity to acquire a well-established and popular niche Restaurant and Takeaway business based in a large coastal town in Cornwall.

The business specialises in both high quality Indian food and popular Italian cuisine which enables the business to appeal to a wider demographic of customer. A Trip Advisor Certificate of Excellence and multiple 5-star online reviews on sites such as Just Eat acts as a testament to the current success enjoyed.

Established in 2013, the business has demonstrated year on year growth and now achieves a weekly turnover of £1,500, operating from 5.30pm - 10pm everyday. In the busy summer months, turnover can be as high as £3,500 due to the influx of tourists.

Areas to consider for future development include procuring an alcohol licence (currently customer bring their own alcoholic drinks) to boost revenue. The current owners’ only conduct a limited amount of outside catering, yet expanding on this is a potentially very profitable area offers an exceptional route for growth. The business does not open during the day, extending the hours to include busy weekday lunchtimes (10am-2pm) or weekends, particularly during the summer, would be popular with residents and tourists alike.

Intelligent Business Transfer have been requested to find a suitable buyer.


Nearest stations

  • Penzance (0.3 mi)
  • St. Erth (5.5 mi)
  • Lelant Saltings (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

INTELLIGENT BUSINESS TRANSFER LTD, Leeds

Rose Wharf 78 - 80 East Street Leeds LS9 8EE

0113 451 0436 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penzance (0.3 mi)
  • St. Erth (5.5 mi)
  • Lelant Saltings (5.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

INTELLIGENT BUSINESS TRANSFER LTD, Leeds

Rose Wharf 78 - 80 East Street Leeds LS9 8EE

0113 451 0436 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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