REF: 193916550.

Popular Smash Burger Bar / Restaurant, Teesside

Description

Business for Sale: Popular Smash Burger Bar / Restaurant, Teesside.

Parker Barras are delighted to offer a popular smash burger bar restaurant & takeaway in within a busy town centre.

The business achieves substantial sales and profits via a regular customer base and regular passing trade, as well as benefiting from its excellent reputation throughout its hometown and further afield.

The business has traded for 2 years and thrived with a turnover in excess of £700,000 and is on track to exceed £1,000,000 turnover for this financial year.It boasts a 5 Star Hygiene Rating and a 4.6/5 rating with over 180 great Google reviews. The business is fully staffrun and employs 10 staff. This is a greatopportunity to purchase an established takeaway with a turnkey operation which is a great base to build upon. As such early viewing is highlyrecommended. The premises was fully fitted out prior to the launch at an expense of around £120,000 and is well maintained to a high standard. Therestaurant seats around 40 customers at full capacity.The current lease is to be assigned to the new owner and has around 8 years remaining at an asking rent of £15,000 plus VAT per annum. A service chargeis also payable at £2,400 per annum.We believe the business will prove a successful acquisition, especially for a dedicated, enthusiastic purchaser to continue to exploit the full potential and derive maximum profits.

Reason for sale is owner re-location.Business For Sale: £295,000 + SAV

Specifications

TBC

295000

Free Business Valuation

Find out today how easy Parker Barras can make the process of selling your business

More Info

TESTIMONIALS

Discover the Success Stories of Our Clients: Experiences Working with Our Expert Team.

Discover what our satisfied clients have to say about their experience working with us on our reviews page. We are proud to showcase their positive feedback on the quality of our commercial property services and the exceptional customer support they received.

See More

"Fantastic service from start to finish, Thank you for making my purchase easy."

Sarah Gowland

"The best estate agents for commercial properties in the North East- Simple, no-nonsense and loads of common sense, Pay for what you get and carry on with your business. I lease two properties from Parker Barras, One short-term and one long-term and I dealt with the Taylors and Fishers at the famous cube office. Amazing people to connect with and their knowledge of Teesside and business acumen is second to none. Hopefully, I will secure a high street unit by next year."

Raojis Enterprises

"Really pleased with the service, they helped me sell my business and guided me through the whole process."

Manolia Majid

"The sale of my bar was so quick and easy. Very professional and I would definitely use them again."

Germaine Love