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Award Winning Thai Restaurant In Wirral For Sale

Heswall, Merseyside
Asking Price:
£44,995 Furniture / Fixtures included
Sales Revenue:
£182,000
Cash Flow:
£20,000

Annual Turnover £182,000
Gross Profit £109,200
Seating For 48 Customers
Closed Mondays
Retirement Sale
EPC - C

REF - 5664 Leasehold Restaurant

Blacks Brokers are delighted to bring to the market this exceptional leasehold Thai restaurant trading from this impressive location on the Wirral.

INTRODUCTION

Orchid Kura Thai Restaurant has been trading at 103 – 105 Brimstage Road, Heswall, Wirral since 2006 and our client has operated the business profitably since 2014.

LOCATION

Heswall is located in the North-West of the UK, on the west of the Wirral Peninsula, between Wales and Liverpool.

REASON FOR SALE

Orchid Kura Thai Restaurant is only being offered for sale due our client’s wish to retire from the industry and therefore this has created an exceptional opportunity for a new owner to acquire this well respected restaurant enjoy the solid trading foundations.

LEASE

The building is available on a FRI – (Full Repairs and Insurance) basis and the current lease is set for a 15 year term that began on 2006 with a weekly rent of £492.

BUILDING LAYOUT AND DESIGN

Orchid Kura Thai Restaurant has a striking double fronted presence that delivers an impressive first impression. The property is set on a parade of purpose built units in this mainly residential area. There is on the road parking at the front and to the rear is a car parking area that can accommodate up to 12 vehicles. The property lease covers two floors and the ground floor has approximately 80 covers with a bar area and well equipped catering kitchen. On the first floor toilet facilities can be found along with three store rooms.

STAFF

Orchid Kura Thai Restaurant is run by our client and is supported operationally by 10 part time staff, a chef and 2 full time kitchen staff.

FINANCIAL DETAILS

The business has been trading steadily over our clients ownership and this is due to the business’ reputation and the loyal client base that the restaurant has built over is extensive trading history. The business currently generates a weekly turnover of £3,500. The business also has a gross profit of 60% and no rates payable.

SUMMARY

Orchid Kura Thai Restaurant is an exciting opportunity to acquire a thriving Thai restaurant trading form this impressive double fronted building in Heswall. The business offers a steady income stream and strong gross profits. Orchid Kura Thai Restaurant has a solid reputation and whilst offers a take away service has no online presence an aspect that a new owner could embrace and push forward to increase turnover and profitability. It is rare that a business of this calibre becomes available at such a good price and therefore Blacks Brokers anticipates that demand for this business will be high, early viewings are strongly recommended.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON: CLOSED
TUE - SAT: 18:00 - 23:00
SUN: 12:00 - 23:00

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