Fri, 07 Feb 2020 | BUSINESS SALE
The owners of Sunderland-based restaurant D’Acqua have issued a statement to say that they are putting the restaurant up for sale through specialist estate agent Christie & Co.
D’Acqua has traded from John Street in the Sunniside area of Sunderland’s city centre for the past 11 years, building up a strong customer base over this time. The restaurant specialises in a range of Italian, French and English cuisine.
In a statement released on the restaurant’s social media pages, owners Jimmy and Hannah Shadforth said that they are “testing the waters” by putting the restaurant up for sale, but said that it would continue trading as normal until any sale is made.
In the statement, the Shadforths said the business is performing well and would be sold as a going concern and that they are hoping to find future owners who would be suitable for continuing D’Acqua’s success.
“We aren't in a hurry to sell and by no means are we failing or anything like that. We just feel the time is right to start planning for our future. We will continue to put 110% into what we offer at D'Acqua.”
“Ourselves and the team will never want to change that. The staff whom have been informed of this decision can be rest assured their jobs are secure. We want to hopefully find suitable new owners to take over and keep D'Acqua being the success it is.”
Estate agents Christie & Co. describe the restaurant as part of Sunderland’s established food and drink circuit and that the building is well-maintained and decorated to a high standard.
In the restaurant’s most recent results, to the year ending June 30th 2019, D’Acqua had turnover of £460,061 and adjusted net profits of £76,599.
This is a fantastic opportunity to acquire a well-operated and successful Chinese restaurant which has been providing high quality food since it began trading in 1992.
LEASEHOLD
This is an opportunity to acquire a soft drinks company which boasts the world’s first range of drinks containing pure, single botanical extracts. It is currently up for sale due to recently falling into administration. Offers invited at the earliest...
LEASEHOLD
The business was established by the owners in 2008, building up an excellent reputation and loyal customer base due to their freshly prepared and great tasting food. The businesses now come to the open market due to the owners' desire to pursue a new...
LEASEHOLD
|
09
|
|
Dec
|
Vertu acquires premier car outlets at 6.8x EBITDA | BUSINESS SALE
Motor retailer Vertu has acquired premier car firm Helston G...
|
08
|
|
Dec
|
Firm targeting support services acquisitions raises £134m war chest | BUSINESS NEWS
Private equity investor Aliter Capital has raised £134...
|
07
|
|
Dec
|
Assets up for sale as surveillance tech manufacturer enters administration | ADMINISTRATION
Surveillance technology manufacturers Seven Technologies Gro...
Sign up to receive our acquisition alert emails to get your FREE guide
|
15
|
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
|
12
|
|
Feb
|
Victorian hotel set in Devon estate up for sale | COMMERCIAL PROPERTY
The Highbullen Hotel Golf and Country Club, which is set on ...
|
06
|
|
Sep
|
Care home in Hampshire changes hands to new owners | BUSINESS SALE
Business property adviser Christie & Co. have supported the ...
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