Large Chinese Restaurant and Takeaway in Gloucester

Gloucester, Gloucestershire
REF: R07440

Asking Price:
£285,000
Annual Turnover:
£636,406
Annual Net Profit:
£87,408
REF: R07440

Overview

Tenure:
Leasehold
Established:
2001
  • Great location
  • Regular, loyal customers
  • Huge potential for growth
  • Well-established
  • Easily accessible

The business for sale is a large and spacious Chinese restaurant and takeaway located in Whitminster, Gloucester.

Since establishment in 2001, this business has gone from strength to strength and has acquired a loyal client base of satisfied repeat customers. The main clientele of this business is local customers who enjoy the great food this business provides. Offering a varied menu of delicious Chinese dishes, it has gained a fantastic local reputation, with a rating of 4.5 on Trip Advisor.

The current owner is now looking for a new owner operator to take on and ensure the continued success of this business.

The business for sale is a popular Chinese restaurant and takeaway in Whitminster, Gloucester. This business caters to a mix of local, loyal and repeat customers who come into the restaurant and takeaway to enjoy the delicious food and excellent service that this business provides. This business offers ample parking, tasteful decoration and huge potential for growth. It has been trading for 18 years and has become well-established in the area.

Benefiting from a modern and high functioning website, customers are able to view menus and book tables easily online. With a stellar local reputation, customers have left rave reviews praising the restaurant’s food and service on the likes of TripAdvisor, Google and Facebook.

This is a huge restaurant and take away with over 100 covers in an open area with a bar. There is a kitchen, preparation area, storage area and much more and the premises is complete with both air-conditioning and heating.

This is an unmissable opportunity to acquire a well-known and enormous Chinese restaurant and take away in Gloucester. The new owner would be excited to take on a long established and very profitable business.

The business’s turnover has all been generated through restaurant and takeaway business, therefore there is huge scope for a new owner to introduce a delivery service. Advertising on sites such as Deliveroo, JustEat and UberEats would increase their potential customer base, also leading to higher custom.

This business would be best suited to an owner operator who has some experience in the catering business and is excited by the opportunity to take on a well-established restaurant and take away in a busy, customer facing role.

The current owner is willing to stay on for a transition period to ensure the smooth handover of the business.

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  • Nearby complementary businesses
  • High level of foot fall and passing trade
  • Very easily accessible
  • Located on a main road
  • Ample parking on site
Rent
£50,000
Rates
TBC
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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