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Businesses for sale - 2 Restaurants

Title:

Quality Self-Service Restaurants (2) - Midlands based

Business Description:

Two large independent self-service restaurants, located in popular shopping centres in prominent towns in midlands, are on the market. The centres have high profile anchor tenants and enjoy large footfalls. The cuisine and décor (and brand) is unique in quality and design terms and presents an excellent franchising option.

Location:

Two large midlands-based towns

Financial Profile:

euro650k approx. in each. G.P. 75% and N.P. 12% (combined). Expected price: euro800k (Separate sales may be considered)

Premises:

5,000 sq. ft. at each premises. 25-year leases (10 years gone)

Year Business Established:

Mid-1990s

Detailed Text:

This sale presents an ideal opportunity to acquire successful restaurants in growing towns where other major developments (including major expansion of shopping centre in one case) are in the pipeline. The current owner has limited day-to-day involvement as there is a professional management team in place. The opportunity provides scope for either an owner/manager to make additional profits or an investor wishing to purchase a successful cash business at two outstanding locations.

IBSCI Reference:

M050601


 

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