ACQUISITION OPPORTUNITY – PROJECT MED

The opportunity to acquire the business and / or assets of a multi-award winning restaurant based in a historical city in the North of England.

Overview

Well established North West based restaurant serving Mediterranean cuisine.

The business has been operating since July 2021 from a prime spot in a historic city centre and holds a fantastic reputation with both locals and tourists alike. The Company prides itself on offering a distinctive dining and drinking experience within a modern setting.

The restaurant is renowned for its classic dishes from Italy, Greece, Spain and France, serving homemade pizzas, finest grilled meats and seafood, Spanish Pinchos alongside an extensive selection of vegetarian and vegan dishes.

The Company also hosts large private events, including weddings and corporate gatherings.

Key Features

• Turnover over £2.5m in FY24
• Experiences team of 53 employees
• Prime location in city centre
• Established loyal customer base

Assets for Sale

• Goodwill/Intellectual property
• Website
• Fixed Assets – Office equipment, furniture & fixtures
• Motor vehicle

Summary of Financial Information

*MI figures provided by management

Process

Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.

KBL Advisory is requesting indicative offers, supported by proof of funding, by 5pm on Friday 14th February 2024 with a view to completing a transaction as soon as possible thereafter. We reserve the right to close the bidding process early or extend the deadline for indicative offers without liability or advanced notice.

All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:

Sarah Bates
KBL Advisory Limited
Tel: 07414 932581
Email: sarah@kbl-advisory.com

or

Julie Webster
KBL Advisory Limited
Tel: 0161 637 8100
Email: julie@kbladvisory.com