Advert ID:5487 / Type:Joint Venture or Partnership / Sector:Restaurants / Location:Devon
Investment Partner Wanted For Unique Restaurant Oppourtunity
Opportunity Summary
This is an exciting business oppourtunity that has the potential to grow over time. Initially the oppourtunity is to partner myself in opening a brand new restaurant in Dartmouth, Devon. This is an affluante area of Devon and attracts a large amount of tourism. I have acquired the lease on the brand new build restaurant and am seeking investment for the purchase of fixtures and fittings as well as start up capital. I don't wish to discuss the concept of the restaurant as the business model is quite unique, obviously this can be discussed at a later stage. I have 10 years experience in the restaurant industry working in many high quality venues, michelin star etc. I would run the business myself and I feel over time the business model could be rolled out to other affluante areas of the UK. The required capital is £90,000 which would be paid off over 5 years at an 8% annual return. Please contact me asap for further details
- Years Established:
- New business
- Target Market:
- Dartmouth, huge tourist location
- Predicted Sales:
- Yr1 £345k, Yr2 385k Yr3 £425k
- Predicted Profit:
- 21% EBITDA
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