REF: 193916550.

Popular Smash Burger Bar / Restaurant, Teesside


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




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