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Restaurant for sale

Cheddar, Somerset

£99,950

Property Description

Key features

  • *Premium & Lease open to negotiation
  • Popular destination for tourists
  • TripAdvisor recommended
  • Parking spaces available for the owner
  • FSA 5* hygiene rating
  • Staff accommodation provided

Full description

Tenure: Leasehold

Reference
05279

Turnover
£189,844

Current asking price
£99,950

Primary business type
Restaurant

Opportunity
Intelligent Business Transfer are excited to offer to the market this lucrative opportunity to buy a reputable restaurant in Somerset.

The business has been trading as a takeaway and restaurant successfully and has built up a solid reputation amongst the local community. They possess a fabulous website that has recently installed an online booking system for takeaways.
There are, however, a number of ways in which the business could be grown. A new buyer could fully utilise social media accounts to increase raise awareness of any special deals and promotions on offer. A delivery service could also be incorporated into the takeaway, as well as the introduction of an outside catering arm.
the current owner has a licence to sell alcohol on the premises which he has not used for the last 3 years. The current licence is renewed and this could be used by a new owner to significantly increase the yearly income.
The opportunity would appeal to a chef, existing restaurant owner, or those already working in the catering industry.
The owner has put the restaurant up for sale as he is relocating for family reasons. The owner is willing to offer a handover phase to the new owner of the restaurant if they require help in establishing their new business. The terms for this would be negotiable personally.


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