For Sale
Award winning sushi restaurant for sale
Sheffield, South Yorkshire
- Asking Price: POA
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £860,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07365
Hilton Smythe are delighted to welcome to the market a highly rated national award-winning restaurant in Sheffield.
The Asian Fusion restaurant was first established by our client in 2008, building up an enviable reputation for quality and service becoming one of Sheffield’s longest running restaurants. As seen by the online ratings and reviews, the business is extremely popular.
The business has now come to the open market due to our clients desire to pursue other business interest.
The Asian Fusion restaurant has too many awards to list and is considered one of the best Asian Fusion restaurants in the country becoming the Eat Sheffield award winner several times, just-eat award winner and finalist several times and winner of Best Takeaway in the UK at the british takeaway awards in 2021-22.
The business currently operates under a managed restaurant business model with a strong team in place and little commitment is needed from the owner. This makes it an excellent opportunity for an established operator looking for an additional site, or an individual/partnership looking for instant success.
The new operator does not need to have any experience in Asian Fusion food, all training can be provided by the current staff.
The restaurant has been refurbished several times over the years to a high standard with new equipment and changes made to keep up with changing trends.
The Asian Fusion restaurant is considered a Sheffield institution and due to the hard work previously conducted, the Asian Fusion restaurant can offer its customers superior food and drink.
Very rarely do multi award winning restaurants and takeaways come to the open market. We recommend early enquries to avoid disappointment.
Are you local and do you already have an existing business? This is an ideal Bolt On opportunity to maximise your income without the fuss of having to move premises. With repeat custom and 5* reviews Sakushi is sure to grow your business to the next level.
We are advised that the business has 4 full-time and 8 part-time members of staff. Our client has advised that he doesn't play a role in the day to day running of the business.
The current trading hours are -
Monday to Friday – 4:00pm to 10:00pm
Saturday – 12:00pm to 10:00pm
Sunday – 4:00pm to 10:00pm
Situated along the sought-after Campo Lane in Sheffield City Centre just a short stroll from the Cathedral Quarter, the site is easily accessible on foot and by all modes of transport just off the inner ring road with an NCP car park next door and plenty of pay and display parking within the surrounding area.
City centre trading location within ground floor premises, front entrance through to main trading area, bar and servery.
50 plus cover seat restaurant including seating tables and soft furnishings, mechanical food delivery system, fully equipped restaurant kitchen, stainless worktops storage units and food preparation counters, oven with stainless extractor over, fridges, freezers ladies & Gents WC’s.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent us £18,000 per annum..
There is also the option to purchase the business as a Bolt On to your exisiting business to maximise potential earning. If you are local and think this could be a great addition, please call us to discuss.
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Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
