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Business For Sale - Details


Fine dining restaurant & bar, located in St Ives, Cornwall

 

BACKGROUND
An opportunity exists to acquire the business & assets of this established coastal independent restaurant and bar.

OVERVIEW

  • Prominent harbour side location and view of St Ives harbour.
  • Leasehold premises
  • Circa 34 cover capacity first floor fine dining restaurant and ground floor bar
  • Major refurbishment/capital expenditure on equipment in recent years (advised in excess of £250,000)
  • Average spend per head £36-45
  • Approximate monthly Turnover (peak season) - £59,000 – 72,000 (excluding VAT)
  • Approximate monthly Turnover (low season) - £7,000 – 20,000 (excluding VAT)

 

OFFERS
An early accelerated sale of the business and assets is being sought and prospective purchasers are requested to make contact without delay.

NON-DISCLOSURE AGREEMENT
If you would like more information about this company and to register your interest please complete and sign the attached Non-Disclosure Agreement and return it to chicks@lsh.co.uk

IMPORTANT
This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.

 

 

530 (12/11/2018)

Matthew Hartley

Senior Valuer

CONTACT

01392 880192

07918 739385

mhartley@lsh.co.uk