£59,999
Restaurant for salePeterborough, England, United Kingdom PE1
Just added
Business
About this property
Business
Please quote reference B08962
Cogogo welcomes Marisan to the market. Trading successfully for over a decade, the restaurant is a go-to destination for fans of hearty, homemade Portuguese food.
With the owner stepping away due to age and a new job opportunity, the door is wide open for someone new to bring fresh energy and ideas. There's potential to expand the offering, extend hours, or develop a stronger online presence, plenty of scope for growth!
Located in vibrant Peterborough, the restaurant enjoys a great position with steady footfall and a loyal local following. The area is well-connected, attracting both regular diners and newcomers seeking hearty, authentic cuisine.
This popular Portuguese eatery has built a solid reputation over the years for its welcoming atmosphere and traditional dishes.
With the owner ready to retire and pursue a new opportunity, this thriving business is up for grabs with loads of potential to develop further—be it new menu ideas, extended hours, or enhanced marketing
Key Selling Points
Get in touch with Cogogo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.
Location
Lincoln Road, Peterborough.
Premises
The premises are inviting and well-maintained, set up for smooth daily operations. There's everything you need to continue trading immediately, plus the flexibility to add takeaway or delivery services to boost income streams.
Tenure
Offered on a leasehold basis, the premises come with a very reasonable monthly rent of £1,600, making this an accessible option for aspiring owners or expanding restaurateurs.
Hours
Current hours are run to suit our client, with room to adapt the schedule to suit your ambitions and customer demand.
Staff
Currently owner-run and managed. Step in and run it your way from day one.
Financial Profile
We are advised that the business generates an annual turnover of around £100,000, delivering an impressive net profit of approximately £60,000. A rewarding setup with proven returns.
Please quote reference B08962
Cogogo welcomes Marisan to the market. Trading successfully for over a decade, the restaurant is a go-to destination for fans of hearty, homemade Portuguese food.
With the owner stepping away due to age and a new job opportunity, the door is wide open for someone new to bring fresh energy and ideas. There's potential to expand the offering, extend hours, or develop a stronger online presence, plenty of scope for growth!
Located in vibrant Peterborough, the restaurant enjoys a great position with steady footfall and a loyal local following. The area is well-connected, attracting both regular diners and newcomers seeking hearty, authentic cuisine.
This popular Portuguese eatery has built a solid reputation over the years for its welcoming atmosphere and traditional dishes.
With the owner ready to retire and pursue a new opportunity, this thriving business is up for grabs with loads of potential to develop further—be it new menu ideas, extended hours, or enhanced marketing
Key Selling Points
Authentic Portuguese menu loved by locals
Trading successfully since 2011
Low monthly rent of just £1,600
Strong net profit of around £60,000
Ideal for owner-operator or foodie entrepreneur
Plenty of potential to expand and grow
Get in touch with Cogogo today. Click ‘Contact Seller, Send Enquiry or Contact Broker’ now to learn more, ask questions, or arrange a private viewing.
Location
Lincoln Road, Peterborough.
Premises
The premises are inviting and well-maintained, set up for smooth daily operations. There's everything you need to continue trading immediately, plus the flexibility to add takeaway or delivery services to boost income streams.
Tenure
Offered on a leasehold basis, the premises come with a very reasonable monthly rent of £1,600, making this an accessible option for aspiring owners or expanding restaurateurs.
Hours
Current hours are run to suit our client, with room to adapt the schedule to suit your ambitions and customer demand.
Staff
Currently owner-run and managed. Step in and run it your way from day one.
Financial Profile
We are advised that the business generates an annual turnover of around £100,000, delivering an impressive net profit of approximately £60,000. A rewarding setup with proven returns.
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