Authentic Romanian Restaurant in the Heart of Norwich

Norwich, Norfolk
REF: INT3305

Asking Price:
£47,000
Annual Turnover:
£234,000
Annual Net Profit:
TBC
Reduced
REF: INT3305
Photo of Authentic Romanian Restaurant in the Heart of Norwich
Photo of Authentic Romanian Restaurant in the Heart of Norwich
Photo of Authentic Romanian Restaurant in the Heart of Norwich
Photo of Authentic Romanian Restaurant in the Heart of Norwich

Overview

Tenure:
Leasehold
Established:
2024
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Well Equipped Business
  • Equipment Included

Located in the heart of Norwich, this restaurant specialises in authentic Romanian cuisine, offering a memorable dining experience with dine-in, takeaway, and delivery services.

The restaurant operates under a limited company, which is used for various business ventures. Please note that the limited company itself is not for sale; the sale is for the restaurant business only.

Celebrating Romania's rich culinary traditions, the restaurant uses locally sourced, organic ingredients from trusted local farms and suppliers to craft an authentic yet innovative menu.

Situated on one of Norwich’s busiest streets, renowned for its lively bars, clubs, and nightlife, the venue benefits from high foot traffic and a vibrant customer base.

Additionally, the restaurant holds an alcohol license, allowing service until 12 am, making it an appealing choice for late-night patrons.

With a prime location and fully equipped facilities, this is a great opportunity for a new owner to build on the restaurant's potential and continue its growth.

This restaurant has a seating capacity of over 60 covers and operates Wednesday through Sunday, with a license to serve until midnight, making it ideal for late-night diners and partygoers.

The business is run by 2 vendors—one managing the kitchen and the other overseeing front-of-house operations—with additional casual staff during busy periods. The premises are decorated in a traditional style, creating a warm, inviting atmosphere and are fully equipped with all the necessary fixtures for smooth operations.

The layout features 2 entrances: the first leads into a bar area with a small seating area (3 café tables), which then flows into an elegant, cosy dining room with 60 covers. The second entrance leads to the takeaway section, where customers can order directly from the kitchen. This area benefits from a license to sell food until 3 am, taking advantage of its prime location on a busy road with a nightlife crowd.

This business offers significant room for growth and increased profitability. Currently, no active marketing campaigns are in place, so implementing a robust advertising strategy, such as social media promotions, partnerships with delivery platforms, and distributing flyers, could help attract more customers for both takeaway and delivery services.

With its strategic location near bars and clubs, extending its operating hours to fully utilise the 2:00 AM licence could attract late-night diners. Offering tailored deals or packages for customers visiting nearby nightlife establishments could further boost revenues.

While no additional staff is required at this stage, the addition of a more comprehensive delivery service or increased takeaway operations could justify hiring additional help to streamline operations.

Features

Online Presence

Location

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  • Shopping Centre Location
  • High Street Location
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£24,000
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2029
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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