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Medieval Kilkenny Established Restaurant/bistro In City Centre For Sale

City Centre, Kilkenny, Ireland
Asking Price:
€125,000 Inventory / Stock included
Turnover:
€480,000
Net Profit:
€120,000

Deal Chasers Business Brokers Offers for sale by way of Lease assignment this wonderful established and recognized Restaurant Business/

This Superbly Located Kilkenny Fully Equipped Bistro/Restaurant Business comes to the market with a very fair price tag of offers in the Region of 125,000 Euro to include all equipment, good-will and superb trading location in the Centre of Kilkenny.

Located, Just Metres from the Castle in the Medieval Heart of the City this well-tuned and established unit is a complete turnkey business with confirmed bookings on its books for 2024. Created in 2014 with beautiful tones, authentic Oak beams this spacious eatery is very inviting and concentrates on quality western style cuisine.

The unit of some 120m2 comfortably seats 50 visitors with a normal of 70 covers per shift, boasts a fully equipped kitchen operating on Natural Gas and Mains Electricity.
As this is an ongoing business, viewings will be strictly by appointment only.

Lease New 10 Year Lease Available.
Rent 1950Euro/Month
Rates 4,500 Euro

Property Information

Real Estate:

Lease

Lease Terms:

10 Year New Lease

Leasehold Rent:

€24,000 per annum

Location:

Located in the Main Catchment Area of Ancient Kilkenny

Premises Details:

A Wonderfully Finished Rustic Style 50 Seater Restaurant over 2 Floors

Business Operation

Expansion Potential:

The unit currently serving quality European Fayre could adapt to many Cuisine Styles

Competition / Market:

Yes other quality establishments is this wonderfully popular area of the City

Reasons for selling:

Owner concentrating on other interestes

Trading hours:

Unrestricted

Employees:
4 Full/8 Part-time
Years established:
10

Other Information

Support & training:

Of Course a nice hand over period would be entertained and would greatly enhance the prospects of any new operator

Furniture / Fixtures value:
€40,000
Inventory / Stock value:
€2,500 - included in the asking price