Restaurant/cafe for sale in Bristol, England, United Kingdom BS8, £99,500

99,500.00

Offer Nr.:
60536355
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B06693_
_*2 Businesses in one*_
Hilton Smythe welcomes to the market an exciting opportunity to acquire, on a
Leasehold basis, an exceptionally well run and performing restaurant, take
away and a desserts /sweet shop.
Authenticook has been under the careful ownership of our client for the past
few years, growing the business to an impressive level with consistent
turnover & with an excellent local reputation & benefiting from an alcohol
licence.
_The business is split into 2 sections all included in the asking price - _
* Kouzina
* Metaxi Mas
These businesses have been placed on the open market as it’s our clients
desire to leave the industry due to other business interests.
The business is run as a Greek style Mediterranean Restaurant, Take Away. This
is an upmarket business that offers a range of delicious dishes.
The restaurant further benefits from having an alcohol licence in place and
serves a selection of beers, wines & spirits for diners.
There is further scope to increase turnover by undertaking a robust localised
marketing campaign via local press & social media, while updating the
dedicated website that is in place.
Revised opening hours could also be considered so they could potentially catch
some lunchtime trade due to the busy location of the business.
Our client would be willing to offer a handover period to the purchaser, this
will help the transaction run smoothly. This restaurant has very little
competition around and would be a great opportunity for any purchaser with
experience in the trade.
The business trades on its reputation for quality and service and has
outstanding future possibilities. It would potentially be an ideal acquisition
to some similar sized or larger enterprise looking to increase its position
and presence within the industry.
Very rarely do businesses of this calibre come to the open market therefore,
early viewings are highly recommended to avoid disappointment.
_Location_
The business is located just outside the town centre within a heavily
populated area from which the business derives much trade, truly at the heart
of this vibrant community. Situated on a main strip the business also benefits
from free parking.
2 businesses in one situated next to each other in ideal trading spot!
_Premises_
Main restaurant –
Substantial premise briefly comprising: -
Well - presented frontage with good signage and bench style seating.
Main entrance with bar area to the left, comfy seating throughout the bar, 50
indoors 38 outdoor seating.
The pizza place has a Polar saladette with space for 10 ingredients. A 4 door
polar undercounter fridge, an adexa conveyor oven and an Italinox dough mixer.
Male and female toilets to the rear.
Connected though the kitchen is the takeaway side of the business.
_Tenure_
We are advised the businesses are being sold on a Leasehold basis with the
following terms in place:
Kouzina £2000 + VAT + Service Charge - 2 years remaining on the Lease.
Metaxi Mas £1700 + VAT + Service Charge - 5 years remaining on the Lease.
_Hours_
The business opening hours are as followed:
Monday - Closed
Tuesday to Sunday - 11: 30am - 23: 00pm
_Staff_
The businesses are run and managed by 3 full time members of staff.
_Financial Profile_
We are advised the businesses generated a turnover of circa £290, 000, further
financial information can be made available upon request.
_Please quote reference B06693_

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