Commercial property for sale in Sheffield, England

Yutu  Turnover circa: £150k  Adjusted Net Profit circa: £40k  THE OPPORTUNITY  Name: Yutu Food  Location: 49A Eyre Lane, Sheffield, S1 4RB  Type: Japanese & Korean Fusion Food  BUSINESS DESCRIPTION  Yutu restaurant is a successful restaurant and takeaway located in the heart of Sheffield which is a trendy, vibrant and busy city in South Yorkshire. This business has an exceptional reputation for its high-quality authentic Asian fusion food an extensive menu offering the finest selection of premium ingredients used in their dishes. The establishment is a firm favourite amongst locals and visitors to the area with the benefit of being in a fully refurbished, modern and contemporary leasehold premises which has been completed to an exacting standard on a busy main high street located within walking distance to some of the city's newest and highest quality student accommodation buildings.  SERIVCE OFFERINGS  The business offers customers an exceptional dining experience with excellent service, good value, well-presented and unrivalled high-quality food prepared on premises. There is a large selection to choose from on the menu which includes a menu which can be consumed inside the contemporary casual style seating area, or available to take away. The business caters for all customer requirements taking into consideration food allergies and intolerance.  The cuisine is characterised by the sharing of flavourful dishes with a chance to sample new dishes with some of the combination offerings.  The premises is presented with a clean, crisp and modern ambience with comfortable seating and background music to create the perfect dining experience.  OPERATIONS  The business has been established for just under one year and in this time has built up an excellent reputation for an exceptional dining experience, which has been a credit to the current vendor and their staff. The vendors manage and work in the business full time, alongside one part time student.  The business has a high-end finish to compliment this modern premises with no expense being spared in the set up of the kitchen and dining area.  The restaurant is open six days per week from 11am until 9pm.  MARKET ANALYSIS  The Asian fusion food market in the UK is thriving, fuelled by a rising demand for innovative, multicultural flavours and healthier, plant-based options.  Popular trends include Japanese Peruvian (Nikkei) cuisine, Korean-inspired dishes, and customizable pan-Asian bowls. Health-conscious and vegan-friendly fusion options are particularly popular, while the growth of food delivery services has expanded accessibility. Emerging brands and experiential dining experiences, like interactive hot pot and ramen bars, are also key drivers, offering scope for diversification for a business like Yutu.  Sustainability and authentic ingredient sourcing are increasingly important as consumers become more eco-conscious and open to diverse, authentic Asian flavours.  The market for pan-Asian restaurants has seen considerable growth, with some estimates pointing to an 18% increase over the past five years in restaurant openings serving Chinese, Japanese, and Thai cuisines, particularly in urban areas where demand is highest.  KEY ACHIEVEMENTS  Reviews: 4.9-star rating on 'Google Reviews' with over 60 reviews.  4.7-star rating on 'Just Eat'  5.0-star rating on 'TripAdvisor'  Loyal Customers: Regular, repeat customer base provides ongoing consistent revenue. Food Hygiene: 4-star rating with the food standards agency.  EXPANSION OPPORTUNITIES  Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app orders. Outside Catering: Catering services for events, parties, and corporate lunches outside of the restaurant. Additional Locations: The business and brand are an excellent solid foundation to expand upon for an incoming operator, with opportunities to expand into additional locations throughout urban cities in the UK. Franchise: The business holds exceptional brand presence and presents an excellent opportunity to franchise the business to would be restaurateurs with the support of this established business.  FINANCIAL OVERVIEW  The business has seen strong revenue in a short operating period with financial forecasts and statements being available for interested parties.  PREMISES  The premises have been fitted with an exceptionally high standard both inside and out with main road frontage, on a busy main urban area of Sheffield city centre providing perfect opportunities for passing trade.  The restaurant has a seating capacity for 18 covers with a takeaway counter for external orders.  The premises is a ground floor retail unit with the premises being held on a 10 year lease at £950pcm with nine years remaining on the lease.  The vendor has made significant improvements to the property since inception and introduced new catering equipment and furnishings which offer a warm and welcoming environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.  Viewing is essential to appreciate the quality of the business on offer.  FURTHER INFORMATION  Further information is available by speaking with us and viewings are strictly by appointment only.  For more information, please contact us. 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Commercial property for sale in Sheffield, England

Restaurant for sale

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