Duo of Successful Luxury Restaurants for Sale

Essex
REF: INT2089

Asking Price:
£2,000,000
Annual Turnover:
£3,120,000
Annual Net Profit:
TBC
REF: INT2089

Overview

Tenure:
Leasehold
Established:
2017
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Recently Refurbished
  • Well Equipped Business

This is an excellent and unique opportunity to acquire two luxurious, high-end restaurants based in Chelmsford and Lakeside.

The business concept is a simple but highly successful one: they serve mouth-watering food and beverages, coupled with first-class service, in superb surroundings. Customers get a memorable experience, which is proven through the business’s large and loyal customer base and stellar local reputation.

With an internationally renowned chef carefully designing all of the restaurant’s menus, they have curated an incredibly diverse and delicious variety of dishes. This provides customers with a fine dining and luxury experience, as well as seasonal tapas-style food.

First established in and around Essex, their first venue was a stunning £1 million flagship steak and lobster restaurant in Southend, which welcomed an unprecedented level of success. Thereafter, the business has continued to expand in Chelmsford and recently (in 2021) within Boardwalk Lakeside, offering stunning dishes and beautiful interiors.

Due to their excellent reputation and diverse menu, the business has a thorough, ready-made expansion strategy which targets to expand to 15 sites in total within 36 months, and ROI to be 3 times more than the usual minimum. Product quality, consistency and service is at the heart of this business, supported by well trained and efficient teams - who work consistently to deliver top-class products and service, ensuring a brilliant experience, every time.

As this business is a confidential sale, we require you to complete a non-disclosure agreement (NDA) to access further information



Please complete your details and we will be in touch

Features

Key Information

  • Hygiene Rating: 3

Reputation

  • Google: 3.9
  • TripAdvisor: Very Good

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes
  • Linkedin: Yes

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