Business for Sale in EXETER, Devon BISTRO/RESTAURANT
- For Sale
- Annual Sales
- £195,412.00 Exc. VAT
Famous destination BISTRO/RESTAURANT with the benefit of ACCOMMODATION, occupying busy EXETER CITY CENTRE trading position. A landmark business, considered one of the longest established eating venues in the City, under current ownership in excess of 30 years, offering a niche Vegetarian themed menu, ensuring a strong following. Highly visible and easily accessible, fronting busy pedestrian and vehicle thoroughfare, just off main shopping High Street, close car parks and short walk residential areas & university.
Deceptive character premises, actually extending over 4 levels, but at the same time enjoying low overheads, favourable rent, zero business rates despite City Centre location. Offering ground floor restaurant dining area with scope for 50 covers, bar servery/waitress area, commercial kitchen, and lower ground floor providing 3 customer cloakrooms and ample storage. Useful maisonette extending over the first and second floors, comprising spacious dual aspect kitchen/dining/living area with added benefit of roof terrace, 3 double bedrooms, bathroom and cloakroom.
A thriving very popular top performing profitable business with top reviews received, serving an easy menu freshly prepared on the premises, appealing to all age groups. Sales 2022 £195,412 ex Vat (48 weeks), Gross Profit £156,849, Net Profits in excess of £70,000, only trading a 5 day week (5 lunchtimes & 5 evenings, closing 9.30pm), excellent staffing structure with only one of the partners working full time in the business. Benefits from limited competition, still offers considerable further opportunities for new owners, especially through longer opening hours, in particular Sunday opening for which there is considerable demand.
Leasehold £89,950 sav Ref: R35556N
Please register with us for free to view the complete business particulars.
Already registered? Just login!
Once registered, you can login to view the full details for all businesses, download details, create business alerts and much more
Existing Customer Login
Get in Touch
Complete the form below and we will contact you as soon as possible
Devon & Dorset
Your Regional Director Michael Taylor
Ottery St Mary