RESTAURANT SERVING MIDDLE EASTERN CUISINE

England, Tyne and Wear
For Sale
RESTAURANT SERVING MIDDLE EASTERN CUISINE
England, Tyne and Wear

Overview

  • Business, Import Export Businesses, Restaurants, Service Businesses
  • Property Type

Description

BASED IN TYNE AND WEARYE23 turnover in excess of £903,400, with an adjusted EBITDA of over £58,000.Has demonstrated profitability throughout its operation, averaging a gross profit margin of 69%.Projected turnover of circa £1m in YE24.Serves fresh Middle Eastern dishes, desserts, beer, homemade drinks and presses.Offers speciality dishes for customers who have vegan, vegetarian, gluten-free, and dairy-free requirements.Asset register valued at circa £65,600 is to be included within the sale.Restaurant has continually achieved a five-star FSA rating.Benefits from 66 covers and a capacity of 150 standing customers overall in the restaurant and bar.Operates from leased premises as part of a long-term contract.Offered for sale to facilitate other unrelated business ventures.Offers invited.

Details

Updated on February 16, 2025 at 7:59 pm
  • Property Type:

    Business, Import Export Businesses, Restaurants, Service Businesses

  • Property Status:

    For Sale

  • Tagline:

    Import Export Businesses, Restaurants

  • Annual Turnover:

    £903,400

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