Licensed Japanese Restaurant in Surrey For Sale

Situated in a parade, excellent town centre trading position, residential, office and commercial area, SURREY

Turnover £ 10,000
Price £120,000

Features

Licensed Japanese Restaurant

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 1,160 ft² with laminated strip floor, ceiling with spot lights, Air conditioning with hot air. Bar, drinks display fridge, EPOS till. Tables and chairs providing seating for 40 People (can be expanded).

Kitchen with stainless steel extractor unit, Cooker (Gas 6-burner), Flame Grill, saladbar (cool), deep fryer (2 pan), fridges, freezers, preparation table.

3 Toilets with w.c. and wash hand basin.

Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 65% approx. (50% ONLINE ORDERS)

Staff

The business is at present operated by the 3 full time kitchen staff and 2 full time staff employed.

Trading Hours

6 Day week
TUESDAY - THURSDAY & SUNDAY 12 noon - 10pm
FRIDAY & SATURDAY 12 noon - 10.30pm

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2021 with reviews every 4 years (next review 2029) at a current rent of £21,000 p.a.

Business Rates from April 2024 £3,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote