Sushi Bar in New Malden For Sale

Situated in a Parade, excellent High Street trading position, office and commercial area, NEW MALDEN, Surrey.

Turnover £ 17,000
Price £225,000

Features

Modern Franchise Sushi Bar

5 STAR HYGIENE RATING

DOUBLE FRONTED AIR CONDITIONED PREMISES, in the region of 900 ft² - Hardwood flooring, suspended ceiling with LED drop lights.

Tables and chairs seating 25 people.

Bar - Touch screen till. Sushi display unit. Under counter chillers, microwave.

Separate Kitchen - Non slip vinyl flooring. Stainless steel extractor, 2 topping make lines, 2 deep fat fryers, 3 rice cookers, 3 stainless steel tables, 2 fridges, 1 freezer, double sink and drainer, wash hand basin, etc.

Cloakroom with toilet and wash hand basin.

Store room with boiler and water tank.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £17,000 p.w. with a Gross profit of 80% approx.

Staff

The business is at present operated by the staff with 2 full time staff and 3 part time staff.

We are informed the wage bill averages £2,000 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 am - 11 pm

Outside

Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £32,000 p.a. plus VAT

Business Rates from April 2024 £2,000 approx. after small business relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 112,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote