Cosmopolitan Restaurant in Dorset For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Dorset.

Turnover £ 12,000
Price £85,000

Features

Cosmopolitan Restaurant & Takeaway

5 STAR HYGIENE RATING

SPECIALISING IN TURKISH, GREEK AND MEXICAN FOOD ALSO OFFERING PIZZAS AND BURGERS

BIFOLD FRONTED PREMISES in the region of 1,400 ft² WITH CANOPY, Impressive premises with byfold doors. - CCTV (12 cameras), Laminate flooring, LED lighting, cool display counter with refrigerated storage section, 2x EPOS till, stainless steel extractor unit, 3 x kebab machine, grill, pizza oven with conveyor belt (single deck), charcoal grill (3 burner), 2 x deep fryer (2 pan), fridge, under counter fridge, freezer, 2 microwavesr, hot display cupboard, Tables and Chairs seating 40 people.

Kitchen with stainless steel extractor unit, 5 x freezer, Steamer, hot cupboard, deep fryer (2 pan), charcoal grill.

Toilet with w.c. and wash hand basin.

Basement in the region of 500 ft²

Toilet with w.c. and wash hand basin.

Stock room, 4 x freezer, double door freezer, shelving, 2 fridges, Dough mixer.

2 Additional Stock room.

Kitchen, stainless steel extractor unit, Rice cooker, double sink and drainer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 65% approx. (20% VIA PORTALS)

Staff

The business is at present operated by the vendor with 5 full time, 6 part time staff and 4 drivers employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 am - 5am

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 30 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £34,000 p.a.

Business Rates from April 2024 £2,990 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, SELLING AS MOVING AWAY

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote