Mon, 03 Jun 2019 | BUSINESS SALE
A fine-dining restaurant and bar located in Haughton, Stafford has been put up on the market for sale with a guide price of £1.5 million.
The Shropshire Inn is being marketed by Blacks Business Brokers, instated by proprietors Stuart and Janet Blackley who have owned the restaurant since 2010.
Boasting 18 members of staff, including five chefs, and an AA Rosette Award for Culinary Excellence for two consecutive years in 2015/16 and 2016/17, the Shropshire Inn’s most recent financial records show a turnover of £460,000 and gross profits of more than £260,000.
The property itself is a large, detached roadside building with capacity for 90 seats in the restaurant, a lounge bar, and a recently refurbished catering kitchen. The building also comes with an adjoining four-bedroom accommodation for the new owners, and a carpark for 45 vehicles.
The sale also includes a large field, roughly three-quarters of an acre, at the end of the restaurant.
Director at Blacks Business Brokers, Joanne Booth, who is also leading the sale of the business and property, said: “This is a fantastic opportunity to buy a well-established fine dining restaurant with a great team in-situ and an excellent reputation.
“Its idyllic rural location belies the fact that it’s actually only a short drive from the centre of Stafford, and within easy reach of a very large catchment.
“There is a real opportunity here to build on the foundations laid by Mr and Mrs Blackley, particularly by expanding the Shropshire’s foothold in the weddings market.”
Expressions of interest from potential buyers are welcomed by the brokers.
For more news stories about businesses for sale, click here. For all our business for sale listings, click here.
Its traditional setting and Italian charm provide an ambience which the owner firmly believes cannot be found elsewhere and he calls it a Hitchin fine-dining gem! The delicious menu is heavily influenced by the owner's Venetian roots, using only the...
LEASEHOLD
The business benefits from its location on the edge of a new food court with a complete building refit including a newly fitted restaurant, fixtures, fittings and equipment costing an estimate of around £400,000! There is a state-of-the-art kitchen a...
LEASEHOLD
Supplies food servery counters and restaurant and catering equipment for clients throughout the UK. Prides itself on providing a professional, flexible and cost-efficient service at every stage of the process, from initial project design through to c...
LEASEHOLD
|
20
|
|
May
|
Administrators seek buyer for gourmet instant noodle brand | ADMINISTRATION
Bournemouth-based instant foods brand Mr Lee’s Pure Fo...
|
19
|
|
May
|
Knights continues acquisition-lead growth strategy with £11.5m deal for law firm | BUSINESS SALE
Legal services company Knights has acquired Portsmouth-headq...
|
18
|
|
May
|
Insolvencies forecast to surge 37 per cent in 2022 as inflation hits 40-year high | BUSINESS NEWS
Businesses in the UK look set to come under continuing press...
Sign up to receive our acquisition alert emails to get your FREE guide
|
30
|
|
Jul
|
Electronics distributors put on the market for sale | BUSINESS SALE
A buyer is being sought for North Manchester-based electroni...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources