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Listing ID: 2947807

Popular Chinese Takeaway/Restaurant For Sale

Down, Northern Ireland

BUSINESS SOLD

Revenue: £ 192,000

Cash Flow: not disclosed

Business Description

Popular Chinese Takeaway/Restaurant For Sale
Ref : BFS1152
Location : County Down, Northern Ireland, UK
Asking Price : £130,000
Premises : Leasehold

About the Company
Asking price includes:
Turnover circa - c£192k
Gross Profit circa - c£128k
EBITDA - c£34k (before drawings)
Equipment - c£50k
Outstanding reputation
Loyal client base
Well maintained equipment
No local competition
Known for their high quality food
Ideally situated in a local village

First established in the late 1990’s, this popular Chinese takeaway/restaurant is situated in a quaint village in Northern Ireland. The business principally trades as a takeaway, but offers a dine-in restaurant service offering a welcoming and relaxed atmosphere. The vendors have been praised for their outstanding service and fresh, quality food. Currently the vendors take a hands-on approach and are involved in the daily running of the business. As a result, the business enjoys high levels of repeat business and has received excellent word-of-mouth recommendations.

At present, there are 3 full-time and 3 part-time employees.

Wednesday – Sunday
17:00 – 23:00
Key Considerations:
• Ideally situated on the mourne coastal route
• 5 room accomodation above the shop floor which can be occupied for staff or owners
• Stable client base
• Picturesque Location
• Profitability
• Well established
• Fresh and high-quality food
• Friendly and welcoming atmosphere
• No local competition
• Potential for buffet-style service which would increase clientele and turnover
• Home delivery
• Well preserved equipment
• Advertisement via Facebook and TripAdvisor
• Outstanding reviews on TripAdvisor
• NOT vendor dependant
• Scope for greater turnover if the business were to open on Mondays and Tuesday
• Potential for lunch-time service

Property Details

Property Type:

Lease

Operation Details

Employees:

At present, there are 3 full-time and 3 part-time employees.

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Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

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