_Business_
_Please quote reference B07162_
Hilton Smythe are delighted to welcome to the market Sai Wu Restaurant, a
highly rated Chinese restaurant in Carmarthen, Carmarthenshire.
Sai Wu Restaurant was established by our client in 1988, building up an
excellent reputation during its time of trading. As seen by some online
ratings and reviews, the business is extremely popular within the local area.
The business has now come to the open market due to our clients desire to
retire.
As part of their evolving menu, they put a fresh spin on Chinese restaurant
and take - away dishes, alongside familiar classics they introduce new dishes
using only the best of ingredients, traditional spices and flavorings.
They try to create the traditional Chinese eating experience where family and
friends meet, relax and enjoy each other’s company while eating the tastiest
of dishes.
Key selling points -
* Alcohol licence in place - no time limit.
* Covers 40
* Really good staff in place
* Turnkey business opportunity
Scope to improve -
* Increase trading hours - currently only open 5: 30pm - 9: 30pm Friday, Saturday & Sunday.
* Push advertising/marketing
* Leaflet drops
_Location_
Sai Wu Restaurant is located on Water Street, in Carmarthen, Carmarthenshire.
The business has eye catching signage and receives high levels of footfall and
passing trade.
_Premises_
Occupies a double fronted premises in the town centre.
Ground floor -
* Restaurant 40 covers
* Bar area
* Commercial kitchen
Our clients own the freehold. The first floor is currently used as storage,
but could be a self contained flat. The 2nd floor is a 2 bed flat, that is
optional in the lease or could be rented out seperately.
_Tenure_
We are advised that the business is being sold on a Leasehold basis.
As our clients own the freehold, a lease to be negotiated with the new buyer.
The rent is £18, 000 per annum.
_Hours_
The current trading hours are (Can easily be extended) -
Monday - Closed
Tuesday - Closed
Wednesday - Closed
Thursday - Closed
Friday – 5: 00pm – 9: 30pm
Saturday – 5: 00pm – 9: 30pm
Sunday – 5: 00pm – 9: 30pm
_Staff_
The business is run and managed by both clients, with the help of 4 delivery
drivers, 3 front of house & 1 kitchen staff.
_Financial Profile_
We are advised as per the 2020 accounts, the business generated a turnover in
the region of £126, 000. Further financials can be made available upon further
request.

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