Tokyo Joes
Asking Price £69,000
Leasehold
20 W Burn Street, Greenock, PA15 1JR
Contact Agent
Josh Hill
Director
At a glance
- Well established venue in the heart of Greenock.
- Recently undergone full refurbishment.
- Consistent trade upwards of £550k (NET of VAT).
- rent: £45,000
- 9 years remaining lease
- rateable Value: £29,500
- 70/30 food-wet split
- tied for draught beer and packaged products
- 2AM licence
- 100 internal covers and sizeable 90 cover beer garden with scope for further development
The Opportunity
Tokyo Joes is a well established eatery and bar in the heart of Greenock. Currently operated under management and leased from Rosemount Taverns with only draught lager tied, packaged products are tied however not enforced.
It benefits from an attractive utilities contract with 5 years remaining on unbelievably low rates.
This business is perfect for someone with experience looking to take their first steps into bar & restaurant ownership as it is currently profitable without the owner being hands-on. It would also work well for an existing operator with the appetite for expansion into other locations.
Get in touch for full information.