Status: For Sale
Tenure: Leasehold
Leasehold Rent: £18,000 per annum
Turnover: £330,000
Fully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant KentFully Redeveloped Profitable Restaurant Kent
£64,995 + SAV

Fully Redeveloped Profitable Restaurant Kent

For Sale
  • Reference: 13819 J
  • Location: New Romney, Kent
Hilton Smythe are delighted to present a recently refurbished steak lead restaurant to the market. Established by our client in 2012, the business has been transformed from a retail shop unit into a contemporary and modern restaurant. Having spent over £250,000 on the initial redevelopment, the business is now only being offered to the market due to the need of our client to concentrate on his other business interests.

A complete change in menu in the last 12 months has seen a significant increase in new customers who are attracted to the unique choice of meat driven menus and new breakfast offerings.

Attracting families, couples and visitors to the area the menu offers a breakfast, lunchtime specials menu and great value evening menu as well as it's free salad bar and unlimited soft drinks.

The business thrives on offering a mouth-watering meal for a family of 4 for around £60, average spend per head currently averages at £15-20.

The business website is currently under construction and due to pressures of the other business and not being able to be present at the restaurant, there is scope to increase annual income.

Any new owner would benefit from working at the restaurant and marketing the business to best optimise the businesses true profitable potential.

TENURE

A new lease will be offered to any new buyer.
Currently there is 1 year remaining on the lease as of 2017.
Original 7-year lease.
£18,000 rent per annum.

HOURS

Full time head chef and manager, breakfast chef, trainee chef, 2 x pot wash staff, 2 x full time staff and 2 x part time waiting staff.

STAFF

Monday: closed (except bank holiday Mondays)
Tuesday to Thursday: 8am -3pm and 5pm - 9pm
Friday and Saturday: 8am - 9.30pm
Sunday: 8am - 5pm

Opportunity to open later, offer deliveries, private parties and outside catering.

FINANCIAL PROFILE

Currently £5,500 to £7,500 per week.
2017 turnover of £330,000 with a gross profit of circa 70% and a net of £100,000 adjusted and asset value of £85,000.
Aboyne steakhouse is centrally positioned on the High street, Romley, Kent.

The business sits alongside several other complementary eateries, retail outlets, local interest shops and coffee shops.

The high st is the main way through the village and A259 links nearby St Mary's bay to Brookland and west to Rye.

There is free parking directly on the high street as well as a free carpark with plentiful spaces available after 6pm.

Romley is a coastal village sat in between Hastings and Folkestone, East Sussex and the Kent borders.
55-60 cover restaurant with front and rear dining solace available.

Bar servery - draught lager and Guinness in draught, drinks blender, post mix, 2 x arm semi auto coffee machines, glass fronted drinks chiller, EPOS till system and card machine, jolly ice machine, hot water dispenser and under counter fridge.

Front dining area includes a period brick fireplace with solid log burner.

The rear part of the restaurant includes a chilled salad cart, breakfast banqueting table and drinks chiller.

Single lady's toilet with baby changing facilities, storage cupboard and a single men's toilet.

Kitchen - dish washing area with pass through dishwasher, water boiler, large rear window, stainless steel dishwashing sink, storage shelving, food waste station, storage racking and hand wash sink.

Cooking area - large extraction unit, Falcon griddle, bonnet charcoal boiler, double tank falcon fryer, falcon grill, 6 x burner gas oven, hot cupboard, triple width chilled Oreos unit, Lin cat Bain Marie, Jason rotisserie, commercial microwave, stainless steel upright fridge, stainless steel preparation sink and a double stainless steel fridge.

Dessert area - includes kitchen aid blender, robot coup blender, under counter freeze, under counter fridge, safe, storage shelving and 12-point CCTV camera point.

Staff toilet and changing area.

External - bin store area and 1 parking space.

Contact us today for more information

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