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Restaurant for sale

Portsmouth, Southsea

£35,000

Property Description

Key features

  • Traditional Chinese cuisine
  • High footfall location
  • Excellent annual turnover
  • Superb online reviews
  • Potential for further development

Full description

Tenure: Leasehold

Reference
04414

Turnover
£65,345

Current asking price
£35,000

Primary business type
Takeaway

Opportunity
Intelligent Business Transfer are pleased to offer to the market a superb opportunity for a new buyer to acquire a well-regarded and fully functioning Chinese takeaway located in Portsmouth.

The business prides itself on providing an excellent range of authentic cuisine and enjoys a good reputation throughout the area, with numerous outstanding reviews online and a high level of repeat custom.

Established in 1999, the business has demonstrated impressive growth and now achieves an annual turnover of £156,000. With a large customer base and firm foundations set, this is an ideal opportunity for an entrepreneur looking to acquire a profitable niche catering business in this popular location.

An enthusiastic new buyer may look to develop the business further by overseeing a refurbishment of the premises. If this was coincided with an increase in local marketing activity, sales revenue would increase by appealing to a wider customer base. There is also scope to extend the opening hours and utilise national delivery services, such as Just Eat or Hungry House.

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


Map & Street View

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