Well performing Peri Peri and Tapas restaurant for sale
- Asking Price: £74,995 +SAV
Full financials can be made available upon further request.
Please quote reference B06629
- Tenure: Leasehold
Please quote reference B06629
Hilton Smythe is delighted to welcome to the market on a leasehold basis, the opportunity to purchase a well performing Peri Peri and tapas restaurant incorporating a thriving takeaway business.
The business has been under the careful and meticulous ownership of our client since the turn of the year and has only now been introduced to the market as our clients look to pursue another business venture and are keen to see the business pass to a new owner with the same passion and enthusiasm to take it to the next level.
Eat Upton has gained a good reputation quickly and is renowned for serving authentic Peri Peri and tapas dishes. The business also benefits from having its own app that customers can use whilst there to order their food and drinks.
The business also trades on Groupon and Wowcher.
The sale of the business includes the following fixtures, fittings and catering equiptment -
- Handmade leather booths (with under seat storage)
- Handmade rustic wooden bar
- CCTV 5 camera system available on app
- Super Bock beer pump
- Six drink soda system
- Large wine fridge glass front
- Small drinks fridge glass front
- Glass dishwasher
- Large ice machine
- Touchscreen epos system
- Just eat machine
- Flip dish machine
- Delivery machine
- Uber machine
- Full selection of glassware including branded glasses
- Full selection of brand-new cutlery and tableware
- Serving hatch hot plate
- For stainless steel tables
- Microwave 3
- pot Bain Marie
- Large Lincat oven
- Two basket deep fat fryer
- Large charcoal grill
- 2 large catering fridges
- Full selection of catering utensils
- Full range of Tapas dishes
- Large catering display salad fridge
- Large stainless steel sink unit
- 2 outdoor sheds
- Four freezers
We feel there is scope to increase the turnover for the business, with the undertaking of a robust marketing campaign via local press, radio, social media along with further promotion of the business website, along with the introduction of further online delivery platforms and additional opening hours as the business is currently closed Monday and Thursdays.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
A tremendous opportunity to own this well-established and popular business, and early viewings are highly recommended to avoid disappointment.
We are advised that the business has 2 full-time and 3 part-time members of staff.
The business hours are -
Monday – Closed
Tuesday – 17:00 – 22:00
Wednesday – 17:00 – 22:00
Thursday - Closed
Friday – 17:00 – 22:00
Saturday – 14:00 – 22:00
Sunday – 15:00 – 22:00
The business is located on the popular Ford Street area within the village of Upton (CH49) and is surrounded by a host of complementary businesses on both sides of the street, leading to a good level of footfall and passing trade.
The village of Upton is located in the northern part of the Wirral Peninsula, 4 miles from the popular town of Birkenhead. Upton is well serviced in terms of local amenities along with excellent transport links to further afield via public transport and the road network.
The business is located in a parade of similar type of commercial premises and briefly comprises, main restaurant area with booth style seating on both sides, with a feature bar area at the top end of the main area.
To the rear there is a good-sized commercial catering kitchen with a host of industry standard equipment, along with ample preparation and storage areas along with access to the rear area that has a further 2 storage sheds The premises further benefits from w/c facilities, and overall can be found in turnkey condition throughout.
We are advised that the business is being sold on a Leasehold basis, with 9 years remaining on the 10 year lease. The rent is £500 per month.