£139,999
Restaurant for saleCroydon, England, United Kingdom CR0
Business
About this property
Business
Please quote reference B08513
Cogogo presents a fantastic opportunity to acquire a well-established Thai restaurant located in the heart of Croydon, which has been successfully serving loyal customers for over 30 years.
With a proven track record, a prime location, and a solid customer base, this is the perfect business for someone looking to take over a thriving, profitable restaurant.
Business Overview
The restaurant has been owned by the current sole trader for 30 years and has built a strong reputation for offering high-quality Thai cuisine. The menu is diverse, and the ambience provides a welcoming space for families, couples, and groups, making it a popular spot for both regulars and new customers.
The current owner operates a set schedule with ample opportunities for additional trading hours or private events, depending on your business strategy.
Key Selling Points
The current owner is looking to move on to new ventures, providing a prime opportunity for someone ready to step in and take the business to the next level.
This is a rare chance to acquire a profitable and well-loved Thai restaurant with a great location, established success, and plenty of growth potential. Don’t miss out on this incredible opportunity!
For more information or to arrange a viewing, contact Cogogo today!
Location
Anna's Thai Restaurant (Croydon) is located at 281 High St, Croydon CR0 1QH.
Premises
The double-fronted premises boasts eye-catching signage, drawing in passersby with its bold, modern design, Inside, the spacious layout features a welcoming seating area, a service counter, and an open kitchen, creating an inviting atmosphere for guests to relax and enjoy their meal.
Tenure
This opportunity is being sold on a Leasehold basis.
The current rent is £18,000 per annum.
Hours
The current operating hours are:
Monday & Tuesday - 4:00 pm to 11:00 pm
Wednesday - Closed
Thursday to Sunday - 12:00 pm to 11:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £400,000. Full financials can be made available upon request.
Please quote reference B08513
Cogogo presents a fantastic opportunity to acquire a well-established Thai restaurant located in the heart of Croydon, which has been successfully serving loyal customers for over 30 years.
With a proven track record, a prime location, and a solid customer base, this is the perfect business for someone looking to take over a thriving, profitable restaurant.
Business Overview
- Business Type: Thai Restaurant
- Location: Croydon, London Leasehold
- Rent: £18,000 per annum
- Otm Price: £149,999
- Net Profit: £60,000
- Annual Turnover: £400,000
The restaurant has been owned by the current sole trader for 30 years and has built a strong reputation for offering high-quality Thai cuisine. The menu is diverse, and the ambience provides a welcoming space for families, couples, and groups, making it a popular spot for both regulars and new customers.
The current owner operates a set schedule with ample opportunities for additional trading hours or private events, depending on your business strategy.
Key Selling Points
- Alcohol Licence: The restaurant holds an alcohol licence, providing the opportunity to serve wine, beer, and spirits, which boosts its overall revenue potential.
- Sponsorship Licence: This business currently holds a sponsorship licence providing the opportunity to employ workers from outside the UK.
- Long-standing Reputation: The business has been a well-loved staple in the community for over 30 years, with an established customer base and positive reviews.
- Excellent Location: Located in Croydon, an area with high foot traffic and easy access to both residential and business districts, the location is ideal for attracting both locals and visitors.
- Strong Profitability: With a turnover of £400,000 and net profits of £60,000, this restaurant is financially stable, making it a great investment.
The current owner is looking to move on to new ventures, providing a prime opportunity for someone ready to step in and take the business to the next level.
This is a rare chance to acquire a profitable and well-loved Thai restaurant with a great location, established success, and plenty of growth potential. Don’t miss out on this incredible opportunity!
For more information or to arrange a viewing, contact Cogogo today!
Location
Anna's Thai Restaurant (Croydon) is located at 281 High St, Croydon CR0 1QH.
Premises
The double-fronted premises boasts eye-catching signage, drawing in passersby with its bold, modern design, Inside, the spacious layout features a welcoming seating area, a service counter, and an open kitchen, creating an inviting atmosphere for guests to relax and enjoy their meal.
Tenure
This opportunity is being sold on a Leasehold basis.
The current rent is £18,000 per annum.
Hours
The current operating hours are:
Monday & Tuesday - 4:00 pm to 11:00 pm
Wednesday - Closed
Thursday to Sunday - 12:00 pm to 11:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £400,000. Full financials can be made available upon request.
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