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Established Profitable Restaurant In Temple Bar Dublin For Sale

Temple bar, Dublin, Ireland
Asking Price:
€825,000 Furniture / Fixtures included
Turnover:
€1,800,000
Net Profit:
€250K - €500K

DEAL CHASERS (Innovative Business Brokers) offer for sale this lucrative restaurant business. The seller has meticulously built up a very solid business, and potential buyers will benefit from a time-tested, recession-proof business. This highly sought-after gem has been trading for some 15 years.

This business is for sale Lock stock and barrel. Walk in and walk out, subject to lease assignment.
The name is also included in the sale value. The business is in the name of a limited company and can be bought as well. There are no warehouse debts.

The business has recently enjoyed a revamp at a cost of some E250,000, including upgraded heating, air conditioning, new till systems and cameras all over.

TERMS OF Leave
Lease Duration: 15 years remaining of a 25-year renewable lease.
Annual Rent: €81,000 reducing to E75k in 2025
Rates:(Per year) €7,000
Insurance €4,000.00pa

Property Information

Real Estate:

Lease

Lease Terms:

15 years remain of a 25-year renewable lease - Rates: (per year) €7,000
Insurance €4,000.00pa

Leasehold Rent:

€81,000 per annum

Location:

Prominent position in Temple Bar Dublin 2

Premises Details:

Under lease and recently enjoyed a revamp of some E250,000

Size in square feet:
2,800
Planning Consent:

Full restaurant planning

Business Operation

Reasons for selling:

Seller well deserved retirement

Trading hours:

Monday to Thursday, 16:00 to 22:00
Friday to Sunday 13:00 to 22:00

Employees:
10
Years established:
15

Other Information

Furniture / Fixtures value:
€400,000 - included in the asking price
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