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Restaurant for Sale in Helston, UK

Coastal British carvery restaurant with 200 seating capacity located in Helston, UK.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 810 thousand
Run Rate Sales USD 970 thousand
EBITDA Margin 13 %
Industries Restaurants
Locations  Helston
Local Time 8:18 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 175 thousand (Native Currency: GBP 130,000)
Reason: The owner is selling the restaurant due to poor health and he needs to take care of his partner and ... View More
Includes physical assets worth USD 108 thousand
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Business Overview
- Coastal restaurant in Helston, UK and is the largest restaurant in the area.
- Seating capacity of 100 people inside and 100 people outside.
- There is an alcohol license for the restaurant.
- We have strong repeated local customers.
- The average order value is GBP 25.
- Receiving 60 customers per day.
- We also provide catering services.
- The sales have been reduced as the owner is not able to give time to the business.
Products & Services Overview
- We serve: Sunday carvery, and evening meals.
- Also host functions and weddings.
Assets Overview
The assets include:
Full commercial kitchen, restaurant setup, furniture and interior.
Facilities Overview
Leased space with monthly rent of GBP 50,000 per annum located just out of the town.
Capitalization Overview
- There is only 1 owner of the restaurant having 100% ownership.
- Business currently has GBP 25k vendor finance remaining which will be cleared on sale.
- There are no loans or debts.
Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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