The Longacre was only built 7 years ago and is located in the small village of Saltburn; 12 miles south-east of Hartlepool and 5 miles south-east of Redcar. The Longacre is a 150 cover food led site with an additional outdoor area which is popular in the summer months.
The site is currently trading at £23,000 per week gross with a 70/30 split in favour of food.
This site is a fantastic opportunity for a driven operator to take on as the site already has great reputation, great service and currently has a full team on site & potential growth opportunities. We are looking for an experienced operator with a strong background in food service and kitchens, as this is the majority trade. There is also an opportunity to grow sales by targeting extra wet sales and targeted events.
What’s in it for you?
* 26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
* Incentive bonuses based on business performance and standard audits.
* Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.
* Accommodation included with most bills covered, except the council tax & TV Licence