Popular Chinese Takeaway/Restaurant
Location : Annalong, Co Down, Northern Ireland
Asking Price : £130,000
Turnover : £192,000
Net Profit : Undeclared
Gross Profit : £128,000
EBITDA : £34,000
Net Asset : £50,000
Premises : Leasehold
Offered for sale
Turnover circa - c£192k
Gross Profit circa - c£128k
EBITDA - c£34k (before drawings)
Equipment - c£50k
Loyal client base
Well maintained equipment
No local competition
Known for their high quality food
Ideally situated in a local village
First established in the late 1990’s, this popular Chinese takeaway/restaurant is situated in a quaint village in Northern Ireland. The business principally trades as a takeaway, but offers a dine-in restaurant service offering a welcoming and relaxed atmosphere. The vendors have been praised for their outstanding service and fresh, quality food. Currently the vendors take a hands-on approach and are involved in the daily running of the business. As a result, the business enjoys high levels of repeat business and has received excellent word-of-mouth recommendations.
At present, there are 3 full-time and 3 part-time employees.
Wednesday – Sunday
17:00 – 23:00
• Ideally situated on the mourne coastal route
• 5 room accomodation above the shop floor which can be occupied for staff or owners
• Stable client base
• Picturesque Location
• Well established
• Fresh and high-quality food
• Friendly and welcoming atmosphere
• No local competition
• Potential for buffet-style service which would increase clientele and turnover
• Home delivery
• Well preserved equipment
• Advertisement via Facebook and TripAdvisor
• Outstanding reviews on TripAdvisor
• NOT vendor dependant
• Scope for greater turnover if the business were to open on Mondays and Tuesday
• Potential for lunch-time service
Gross Profit c£128k
EBITDA c£34k (before drawings)
Equipment value £40-50,000
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is for sale for £130,000 to include the Goodwill and equipment.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
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