Restaurant (A3) For Sale

THE BURGER JOINT, 240 North Street BS3 & 83 Whiteladies Road BS8, Bristol, City Of Bristol, BS3 1JD

Size: 1993 sq ft


Property Details

*** FOR SALE *** 'THE BURGER JOINT' A FANTASTIC OPPORTUNITY TO ACQUIRE A WELLESTABLISHED & HIGHLY PROFITABLE RESTAURANT BUSINESS SUCCESSFUL, WELL-ESTABLISHED & HIGHLY PROFITABLE RESTAURANT BUSINESS FOR SALE IN BRISTOL TWO RESTAURANT SITES (WHITELADIES ROAD, CLIFTON AND NORTH STREET, SOUTHVILLE) 12 YEARS OF SUCCESSFUL TRADING! TURNOVER CIRCA £1.18M & GENERATING NET PROFITS AFTER TAX OF C.16% RENT ONLY £30,000 (WHITELADIES ROAD) & £19,360 (NORTH STREET) QUOTING PRICE AVAILABLE UPON APPLICATION BUSINESS SALE Burston Cook are instructed to market the going concern of Restaurant Plus Ltd (trading as The Burger Joint). The business has been trading for in excess of 12 years. The quoting price is available upon application. OPPORTUNITY The business sale offers a fantastic opportunity for a new owner to take control of the business and build upon the existing success of The Burger Joint. The reason for business sale is due to a change in personal circumstances and geographical relocation of the existing owner, however, the existing owner remains very loyal and committed to the business and is prepared to assist with a handover post completion by way of a consultancy agreement (to be agreed) EXISTING OCCUPATIONAL LEASES North Street, Southville: Rent of £19,360 per annum exclusive with 8 years remaining on the term and drawn on standard full repairing and insuring lease terms. Whiteladies Road, Clifton: Rent of £30,000 per annum exclusive with 6 years remaining on the term and drawn on standard full repairing and insuring lease terms. Further lease details can be made available upon request. PREMISES LICENCE Both premises are fully licenced and further detail can be provided upon request.

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