DEAL CHASERS (Innovative business brokers) Authentic Ballsbridge Restaurant Lease For Sale 50,000, Dublin 4
Restaurant / Bar / Hotel To Let - 1,292 sq. feet (120 sq. metres) ..
This is not a rental --- but business opportunity.
This Authentic Eatery is the Real KOHINOOR of Eastern Cuisine. Offers in the region of €49,500 for Equipment and Appliances, a detailed list will be provided. No key money. This Superbly Located Eastern Style Restaurant & Takeaway Business Price includes Fixtures/Fittings and Business Goodwill as well as a Negotiable Lease within the Super Affluent Ballsbridge Area. The Unit of some 120m2 over Two Floors has a Super Functional Layout of a Large Rectangular Dining Room. This area is currently spaciously laid out for 54 Diners however with little re-arrangement could easily accommodate a further 6/8 Patrons. The well-equipped Kitchen and Cashier/Host Station is also Ideally located on the Dining Floor. Up the Winding Stairs are the Very Tastefully Finished W.C. Facilities.
BACKGROUND The business was bought by the previous operator in 2008 and it was then a Japanese restaurant that had been trading for years before. The area itself is a known food destination. The previous owner continued to trade and changed the theme to authentic Indian cuisine, and I do not use the word "Indian cuisine" lightly..This guy and his team are most passionate about the quality, taste and service of their produce.
DECOR AND THEME: We have a relaxing theme of a neutral palate and although Indian artifacts and décor is in abundance, the theme could easily (and at little cost) be changed to an Italian/Mexican or Spanish tapas restaurant. The seating currently is a very comfortable 54, and most easily can accommodate an additional 6 to 8 seats. The walls are clean lines and clad with wood, and the light fittings are clean and crisp. The ceilings have décor character and mood lighting. Customer toilet facilities are clean and neat, separate ladies and gents. Positioned totally away from the main dining hall via a semi-circular elegant set of stairs with gentle lighting. Huge storage with additional fridges and a deep freezer are available on the second floor along with separate toilets for staff. Shower and washing machine facilities are also available.
LEASE TERM: Negotiable with Master Lease Holder RENT €4,166/Month (3 Months Deposit and 3 Months as advance) Rates €4,300.00 per year.
POTENTIAL: Here you really have a blank canvas to boost income and turnover. The area is developing fast and Facebook is opened as well as new apartments coming online just further down the road (Lansdowne Towers) The business can even benefit from an added new food line and Mexican or Spanish is a great trend lately in this area.
VIEWING ARRANGEMENTS: Only Buyers who have completed the confidentiality are welcome to visit the business as a paying customer, but it cannot be clearer that you are not to engage with staff other than the nature of normal customer questions. Please refrain from asking any probing questions, we have all the answers to all your questions. Formal viewings will be arranged through us as sole agents. "Dealchasers Ireland"
- Asking Price:
- €49,000 Inventory / Stock included
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease will be Negotiable depending on applicant
- Leasehold Rent:
-
€50,000 per annum
- Location:
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On the Busy Edges of Ballsbridge
- Premises Details:
-
On First Floor - Spacious with large panoramic Windows
Business Operation
- Expansion Potential:
-
Would suit may varied Cuisine Styles
- Competition / Market:
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Other restaurants in this very lucrative are
- Reasons for selling:
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Owner has more pressing intrerests
- Trading hours:
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Optional
- Employees:
- 4 Full/8 Part-time
- Years established:
- 14
Other Information
- Support & training:
-
Hand Over Period to be Discussed
- Furniture / Fixtures value:
- €60,000
- Inventory / Stock value:
- €2,000 - included in the asking price