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Busy High Street Location
Close To Liverpool City Centre
Seating For 60
Accounts Available Year End 31st May 2018
Annual Turnover £103,751
Gross Profit £73,535
Net Profit £19,883
Accounts Available After Viewing
Potential To Develop Delivery Service
Brilliant Online Reviews
Repeat Customer Base & Scope For Lunch Time Trade
Good Public Transport Links
EPC - C
REF 6992 - Leasehold Restaurant/Takeaway
Blacks Brokers are pleased to bring to the market this leasehold restaurant/takeaway located just a short distance away from Liverpool City Centre.
The Great Wall was established by our client in this affluent area of Liverpool in 1996. The restaurant is currently offering Chinese cuisine and has become very well known in this area with a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and many brilliant reviews are noted on Google and Trip Advisor.
The Great Wall occupies a prominent trading position within a busy parade of shops. The area benefits from lots of passing trade and surrounding businesses include Boots and Bargain Booze along with many other independent retailers. The business is also in close proximity to many schools and Liverpool Hope University. This area is well linked by the M62 and M57 with good public transport links.
REASON FOR SALE
The business is ideally suited to a hands on owner operator or team, due to our clients desire to retire and relocate the business is offered for sale and presents an excellent opportunity for a new owner-operator/team to take the business to the next level.
The building is available on a Full Repair and Insure (FRI) lease, this is the most common form of commercial lease. The current lease is a three year lease which began in 2019 at a cost of £323 per week.
The business operates with five part time members of staff in employment supporting our client working on a full time basis.
The Great Wall has traded solidly since opening and our client has established a strong, repeat customer base. The accounts year end 31st May 2018 show an annual turnover of £103,751 with gross profits of £73,535. Full financial information can be made available after viewing.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This is well maintained restaurant occupies a prime trading position on a busy main road. There is plenty of scope to develop the business further with the expansion of opening hours to introduce lunch time trade, along with operating 7 days a week. There is also potential to introduce a delivery service as at present takeaways are collection only. This proposition would ideally suit and owner operating team who could push the business forward and build upon the solid and impressive trading foundations already in place. Early viewings are strongly advised.
MON & TUE: CLOSED
WED & THU: 17:00 - 22:00
FRI & SAT: 17:00 - 22:30
SUN: 16:00 - 21:30
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