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Listing ID: 2963898

UP-MARKET, LICENSED BISTRO For Sale

England

£ 700,000

Revenue: £ 635,000

Cash Flow: not disclosed

Business Description

West Midlands.
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. Bus £700,000.

Property Details

Property Type:

Lease

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