Restaurant Business for Sale in Newport

Newport, Newport
REF: BIZ3784

Asking Price:
£85,000
Annual Turnover:
£675,000
Annual Net Profit:
£20,000
REF: BIZ3784
Photo of Restaurant Business for Sale in Newport
Photo of Restaurant Business for Sale in Newport
Photo of Restaurant Business for Sale in Newport
Photo of Restaurant Business for Sale in Newport

Overview

Tenure:
Leasehold
Established:
2023
  • Friendly & Professional Team
  • Huge Growth Potential
  • Recently Refurbished
  • Equipment Included
  • Events Hosted

This renowned Restaurant business for sale in Newport is a fantastic opportunity for both experienced entrepreneurs and budding business owners alike. Founded in 2023, it has gained a strong reputation and customer base. This business is for sale on a leasehold basis.

This business is based in a large premises and has the capacity for more clients. The area has fantastic public transport links and there is also the option for drivers to park.

This would be the perfect opportunity for a budding business owner in search of a business with fantastic growth potential. Extending opening hours and increasing marketing through online platforms and local advertising would help gain new customers and increase revenue. Please enquire for further information.

Features

Key Information

  • Number of Covers: 140
  • Delivery Services: Just Eat
  • Hygiene Rating: 5

Reputation

  • Google: 4

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.cosmosbars.co.uk

Location

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  • City Centre Location
  • Shopping Centre Location
  • High Street Location
  • Close to University
  • High Footfall

Property

Annual Rent
£60,000
Annual Rates
£15,600
Lease Term
5
Lease Expiry
2027
Accommodation Included
No
EPC
TBC

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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