Leasehold Noodle Restaurant & Takeaway Located In West Bromwich
52 Cover Restaurant (1200 sq ft) Chinese/Malaysian/Thai
5 Star Food Hygiene Rating
Ref 2394

Location
This outstanding Noodle Restaurant & Takeaway is located in West Bromwich town centre. Situated within a prominent and highly visible trading location on the high street. Surrounded by large retailers, offices, bars and restaurant which all bring high levels of footfall to the area. The town has good access to transportation being close to Victoria street bus & coach station. The A41 is within 1 mile and the M5 motorway is 2.4 miles away.

Asking Price £99,950 plus SAV (£2,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Noodle Restaurant & Takeaway which is located in West Bromwich. The property has been a restaurant of some kind for over 30 years and was transformed into what you see today 3 years ago by my client. The business is now being offered for sale so that he can concentrate on other development projects
Since ownership my client has totally refurbished, redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The current owner oversees the business and employs the help of 1 full time manager along with 3 other full time and 2 part time members of staff. Everest Noodle House has an average weekly turnover of circa £5,500 where 70% is eaten in the restaurant or taken away with the remaining 30% deriving from deliveries where they have there own app and use on-line portals, Just Eat & Uber Eats. The restaurant serves an extensive range of Chinese, Malaysian & Thai noodle & rice dishes along with tasty sides, hot soups, deserts and cold drinks. All delights are freshly cooked to order on site using only the finest produce and all sauces are made in house to guarantee that unique infused flavour.
We believe that there is further potential to increase revenue by having a more hands on owner operator, expanding the deliveries and implementing a vigorous advertising & marketing campaign. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passers by. This is a superb opportunity to purchase an newly fitted restaurant in a prime location which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday - Saturday - 10.00am - 11.00pm
Sunday - 2.00pm - 10.00pm

Leasehold
Term: 15 years Remaining: 8 years Rent: £14,500 pa Business Rates: £4,500
Ground Floor
Restaurant comprising: tables & chairs to cover (52), serve over sales counter with 2 EPOS till systems, 5 electronic menu boards, 13 pot wet bain-marie with hot cupboard below, drinks/dessert display fridge, 2 stainless steel work tables, 2 wall mounted stainless steel shelves, 7 burner wok station, extraction canopy, stainless steel wall cladding and dual deep fat fryer. Hallway with stainless steel sink drainer, microwave (Samsung), stainless steel wall mounted shelf, food storage containers and stainless steel upright fridge (Beaufort). Kitchen comprising: microwave, stainless steel food trolleys, 3 x stainless steel prep table, stainless steel double sink drainer, wash basin, stainless steel wall mounted shelf, extraction canopy, stainless steel wall cladding, 7 burner Indian cooker with oven, stainless steel upright fridge, 3 x chest freezers, dry goods area, 3 x storage racks, 5 x large stainless steel cooking saucepans, 2 stainless steel coulenders and wall mounted boiler. Staff W/C with wash basin. Walk in cold room with electric deep fat fryer. Storeroom with chest freezer, shelving and 2 cabinets. Office with CCTV monitor.
External
Side yard area with stairs leading to flat roof/staff area.

The restaurant benefits from 2 air conditioning units, electric roller shutters to the frontage and an 8 camera CCTV system.

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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