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Turn-Key Edinburgh City Centre Restaurant with Prime Location and Well-Fitted Kitchen for Sale

City of Edinburgh, Edinburgh, ID 224571

Turn-Key Edinburgh City Centre Restaurant with Prime Location and Well-Fitted Kitchen for Sale 1
Turn-Key Edinburgh City Centre Restaurant with Prime Location and Well-Fitted Kitchen for Sale 1
Asking price:
GBP£70 000
Turnover (per year): £600 000 gbp
Net profit (per year):£80 000 gbp
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Description

Confidential sale opportunity for a city centre restaurant located in the heart of Edinburgh.The premises occupy a prime location in a busy and vibrant area close to Waverley Train Station, major shopping districts and local theatres, ensuring consistent high footfall from both residents and visitors.The restaurant offers approximately 50 covers, including a private dining area, and is presented in turnkey condition with a well fitted commercial kitchen, allowing for immediate continuation of trading.The business has been successfully operated by the current owners for the past eight years and is supported by a team of 12 employees, ensuring smooth day to day operations.Despite operating within a highly active hospitality environment surrounded by restaurants and bars, the business is now being offered for sale due to a change in circumstances.Leasehold asking price: £70,000, inclusive of stockAnnual rent: £36,000The business maintains an established online presence. Accounts are available for review to genuinely interested parties, and offers are invited.This represents an opportunity to acquire a well positioned restaurant in a high demand city centre location.

Details

Real Estate: Lease
Employees (ppl): 12
Asking price: 70 000 gbp
Turnover (per year): 600 000 gbp
Net profit (per year): 80 000 gbp
Rent (per year): 36 000 gbp

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