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Listing ID: 2963898

UP-MARKET, LICENSED BISTRO For Sale

England

not disclosed

Revenue: £ 635,000

Cash Flow: not disclosed

Business Description

MIDLANDS-BASED
Generated a turnover of circa £635k with an EBITDA of over £202k in YE18. Strong balance sheet of over £307k in YE18. Well-known in the local area for its high quality food and drinks, priding itself on sourcing fresh, local produce. The bistro boasts 42 internal covers with a further 60 external covers spread over two patios on either side of the building. 80% of revenue is derived from repeat custom, a testament to the quality of its food, drink and overall service. Strong second-tier management team in place. Scope to introduce an evening restaurant service and to offer private hire and functions. Operates from ideally located leasehold premises. Offers invited.

Property Details

Property Type:

Lease

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