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Business for sale in United Kingdom - Ac169-award winning fine dining restaurant

| Asking Price: | 150,000 £ | |
Real Estate: | Lease |
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| Sales Revenue: | 280,000 £ | ||||||||||
| Net Profit: | 80,000 £ | ||||||||||
| Year Established: | 1988 | ||||||||||
| Employees: | 3FT, 8PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Accommodation & Food services
Business categories:
Restaurants
Business description

This very well known and respected restaurant has been providing its customers with a fine dining experience for some 20 years now. The business boasts a 70-seater restaurant with an intimate atmosphere, friendly staff and excellent chefs. The Head Chef has had years of training in many top UK restaurants and specialises in all aspects of fine dining and cuisine. The business occupies a substantial detached property set amidst spacious grounds with enclosed car parking facilities for 25+ vehicles. The exterior has extensive patio areas and enjoys stunning views over the local countryside. The business is currently being offered for sale as a lease but the vendor would consider selling the freehold (circa 400,000) should a new owner so require. The business is also pleased to cater for corporate events, small weddings, and birthday parties and can also cater for outside events such as outdoor shoots. It is well known in the surrounding counties for its range of dishes available, including Steaks, Seafood, and many vegetarian options. The business boasts many awards including the Master Chef of the World award and the Chaine-des-rotterisserie. In addition the restaurant is a member of the Scottish beef club and is also proud members of the Craft Guild of Chefs. The restaurant also has a superb selection of fine wines, Champagne, cognacs and ports alongside a large selection of malt whiskies. There is also a self contained 2-3 bedroom private living accommodation on the first floor of the property that could be easily converted to cater for overnight accommodation for guests should a new owner wish to develop. Equipment: The vendor has recently completed a substantial renovation of the restaurant. This has included the installation of a new kitchen, beautiful new tables and chairs for the restaurant, full redecoration and associated fixtures and fittings. All are included within the sale. Customer Service: The business has built an enviable reputation for offering a truly unique fine dining experience with a friendly service and makes every effort to produce consistently high quality food serving only quality fresh ingredients, locally produced where possible. Staff pay strict attention to service, cleanliness and hygiene and are always polite and friendly, resulting in high levels of repeat business and customer loyalty. This is backed up by the numerous awards the business has received over the years as well as rave editorials and reviews in local, regional and national publications. Key Strengths: The business has many strengths not least it sterling reputation and loyal customer base. It has won many awards over the years and only uses the very highest quality suppliers. The menus are wide and are changed on a regular basis. The vendor has invested heavily in the business and its infrastructure to ensure continued success. Key Opportunities: There are several opportunities to develop the business further including the development of the first floor accommodation to provide guest accommodation. There is the potential to develop Gourmet Evenings such is the reputation this restaurant commands.
Additional information

| Additional information: | Not Disclosed |
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| Support & training: | The current owner would be happy to provide full training and support at handover. |
| Reasons for selling: | The vendors is wishing to retire |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
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| Lease: | yes |
| Lease terms: | The vendor is happy to provide a long lease if so required. Anticipated monthly rental is circa £1500. |
| Location: | The premises comprise a substantial two storey detached property with extensive grounds. Ground Floor: Main entrance, porchway, open plan dining with tables and chairs for 70 covers, bar area, customer toilets, large commercial kitchen, still room. First Floor: Scope for 6 letting bedrooms if so required. Currently office, two double bedrooms with en-suites, fully fitted domestic kitchen, very large lounge and further dining room. External: Prominent corner site, patio area with tables and chairs, smoking area, car park, gated entrance. The vendor is happy to provide a long lease if so required. Anticipated monthly rental is circa £1500. Alternatively he would consider selling the business together with the freehold should a new owner so require. (freehold building value circa £400,000). |
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