An established American-style restaurant in Dublin is now available for acquisition. With over four years of successful operation, this eatery has become a local favorite, known for its authentic American hot chicken and comfort food offerings.
Business Overview:
Type: American Hot Chicken Restaurant
Years in Operation: 4 years and 3 months
Cuisine: Authentic American hot chicken, burgers, wings, and comfort food
Social Media Presence: Active engagement on platforms like Facebook and Instagram
Financial Highlights:
Annual Turnover:
2023: €900,000
2022: €650,000
2021: €350,000
Gross Profit:
2023: €300,000
2022: €180,000
2021: €90,000
Lease Details:
Lease Term Remaining: 7 years and 6 months of a 35-year lease
Annual Rent: €26,616
Rent Review Due: June 2025
Renewable Lease: Yes
Operational Details:
Utilities:
Electricity: €1,200 annually
Gas: €1,400 annually
Waste Disposal: €1,100 annually
Assets Included:
Stock on Hand: Approximately €5,000
Equipment Value: Estimated at €25,000
Liabilities: Outstanding loan of €5,000
Growth Potential:
The restaurant has shown consistent growth in turnover and profit over the past three years. With a strong social media presence and a loyal customer base, there is significant potential for further expansion, possibly by introducing new menu items, extending operating hours, or exploring additional locations.
Goodwill:
The establishment boasts a strong reputation for quality food and service, making it a go-to destination for American cuisine enthusiasts in Dublin. This goodwill is a valuable asset, contributing to the ongoing success and customer loyalty of the business.
This is a unique opportunity to acquire a thriving restaurant with a proven track record and ample room for growth in the heart of Dublin.
