Sheffield, South Yorkshire

Overview

Yutu is a unique and exciting Asian fusion restaurant and takeaway located in Sheffield city centre, offering a contemporary take on a traditional Japanese and Korean restaurant experience. The business serves finely prepared fusion dishes in an extensively modernised, fully refurbished leasehold premises, completed to an exacting standard. This is a genuine turnkey opportunity for an incoming operator requiring no further investment.

The business has built up an excellent reputation for an exceptional dining experience in a short trading period, which is a credit to the current vendors and their staff. It has become a firm favourite amongst locals and visitors to the area.

With strong turnover already achieved, an outstanding online reputation and clear scope for expansion, Yutu represents a compelling opportunity in a thriving and growing market sector.

Business Highlights

- Turnover of circa £150,000 achieved in a short operating period
- Adjusted net profit of circa £40,000
- Contemporary Asian fusion restaurant and takeaway in a prime Sheffield city centre location
- High-end fit-out completed to an exacting standard, requiring no further investment
- 4.9-star rating on Google Reviews across more than 60 reviews
- 5.0-star rating on TripAdvisor and a 4.7-star rating on a leading food delivery platform
- 4-star food hygiene rating with the Food Standards Agency
- A regular, repeat customer base providing ongoing consistent revenue

The Business

Yutu is a Japanese and Korean fusion restaurant and takeaway with an exceptional reputation for high-quality, authentic Asian fusion food. The extensive menu offers a fine selection of premium ingredients, with the cuisine characterised by flavourful sharing dishes and the chance to sample new flavours through combination offerings.

The business offers customers an exceptional dining experience with excellent service, good value and well-presented, high-quality food prepared on the premises. The menu can be enjoyed inside the contemporary casual-style seating area or taken away via the takeaway counter. The business caters for all customer requirements, taking food allergies and intolerances into consideration.

The premises are presented with a clean, crisp and modern ambience, with comfortable seating and background music creating the perfect dining environment. The restaurant trades six days per week from 11am until 9pm. Its defensibility rests on a strong local reputation, a high-quality fit-out, a loyal repeat customer base and outstanding online ratings across multiple platforms.

Location

The business trades from a prime location in the heart of Sheffield, South Yorkshire, a vibrant and busy city. The premises benefit from main road frontage in a busy urban area of the city centre, providing excellent opportunities for passing trade. The location is within walking distance of some of the city's newest and highest-quality student accommodation buildings, supporting a strong potential customer base.

Premises & Tenure

The business trades from a ground floor retail unit with main road frontage in a busy urban part of Sheffield city centre. The restaurant offers seating for 18 covers, complemented by a takeaway counter for external orders.

The vendor has made significant improvements to the property since inception, introducing new catering equipment and furnishings that create a warm and welcoming environment. The business has a high-end finish with no expense spared in the set-up of the kitchen and dining area, and no further investment is required from an incoming operator. The premises are held on a leasehold basis. Viewing is essential to appreciate the quality of the business on offer.

Financial Overview

The business has seen strong revenue in a short operating period. The headline figures stated in the Information Memorandum are:

- Turnover: circa £150,000
- Adjusted net profit: circa £40,000

Financial forecasts and statements are available for interested parties.

Growth Potential

The Asian fusion food market in the UK is thriving, fuelled by rising demand for innovative, multicultural flavours and healthier, plant-based options, with the pan-Asian restaurant sector having seen considerable growth in urban areas. Specific opportunities identified for the business include:

- Introducing a delivery service through directly employed staff, to complement existing orders via food apps
- Developing outside catering for events, parties and corporate lunches
- Expanding into additional locations throughout urban cities in the UK, building on the established brand
- Franchising the concept to would-be restaurateurs, with the support of this established business

Reason for Sale

Details regarding the vendors' reason for sale are available to interested parties on request.

Next Steps

Yutu is a well-presented, high-quality Asian fusion restaurant and takeaway trading from a prime Sheffield city centre location, offering a genuine turnkey opportunity with strong trading figures, an outstanding online reputation and clear scope for expansion. Interested parties are encouraged to make contact to arrange a viewing and to discuss this opportunity in more detail. Full details are available in the Information Memorandum.