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#Business ID: 17644

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Leasehold Wimpy Restaurant In South East London

Business Location: South East London, London, England

Asking Price: £ 135,000 Revenue: £ 100k to 250k Cash Flow: not disclosed

Business Summary

Summary

Asking price: £135,000

Sales revenue: 0 - £200k

Net profit: Undisclosed

Business Description

Well established and presented wimpy restaurant fronting a busy main road in South East London. 66 covers. T/ O £3,500 - £4,000 p wk @ 60% GP.

Property Information

Property: Leasehold

Lease terms: Approx 15 years remaining on a 21 year lease. Rent £19,000 pa. (5 year reviews).

Other Information

Reasons for selling: The business has been in the current vendors hands for the past 6 years and is now for sale as he requires a change.

Trading hours: 9am - 10pm Mon to Sat 10am - 10pm Sun

Fixtures value: Undisclosed

Stock value: Undisclosed.

Property Details

Property Type:

Lease

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