Reputable Japanese Restaurant in Nottingham commercial property only

Nottingham, Nottinghamshire
REF: 02867

Asking Price:
£730,000
Annual Turnover:
£147,969
Annual Net Profit:
£2,873
REF: 02867

Overview

Tenure:
Freehold
Established:
1990
  • Popular and varied menu
  • Loyal customer base
  • High quality premises
  • Freehold is for sale
  • Potential for further growth

This is a traditional Japanese Teppanyaki restaurant which has been trading since 1990 and has amassed a large base of customers and an enviable reputation for providing high quality food.

Functioning from recently refurbished premises, the business has attracted heavy local footfall, which has allowed it to generate a solid annual turnover by keeping overheads low.

A new owner is presented with a well developed and lucrative business model which is available to purchase on a freehold agreement.

This is a renowned Japanese Teppanyaki restaurant. Maintaining high levels of food standards, its skilled chefs have helped the restaurant achieve a 5 star hygiene rating, further making it popular amongst customers.

The business functions from a large, white, well maintained building which features vibrant exterior signage displaying the restaurant name. Upon entry, customers are met with a fashionable bar and seating/waiting area which leads into the open plan restaurant area which has the capacity to accommodate up to 60 diners. A small storage room is located behind the bar.

There are eight Teppanyaki tables in the restaurant area which are conveniently positioned to allow customers to see their food being prepared and cooked.Behind the restaurant there is a large kitchen, which is used to store, prepare and cook food.

The restaurant has obtained planning permission for the construction of flats above the premises.

This well established restaurant which has consistently provided delicious Teppanyaki to a large base of customers since it began operating 26 years ago is now available for sale. The business has a loyal customer base which has allowed the business to generate a strong reputation and healthy turnover.

This is an ideal opportunity for a buyer who is interested in entering the catering sector. Aside from the food, the business could offer a mobile Teppanyaki service at events and functions, which would bring a unique appeal to the venue.

Refurbishing the current website to include an online table booking service would allow customers to make bookings efficiently. Embracing social media to showcase the menu options would further increase exposure to the business. Furthermore, featuring on popular sites like JustEat and Hungryhouse would appeal to more customers and allow orders to be placed with greater ease.

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  • No local competition
  • City centre location
  • Very good reputation
  • Strong passing footfall
  • Free parking facility nearby
Rent
N/A
Rates
£8,000
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
D 76-100

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

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