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Casual Dining Restaurant Business On Leased Premises In Belfast

Belfast, County Antrim, Northern IrelandIdentity protected

Available

Casual dining restaurant business on leased premises in Belfast

About this business

Casual dining operator in suburban Belfast, trading since 2013 from leasehold premises with a team of 115. Turnover has risen steadily from £3.8m in 2021 to £5.8m, and EBITDA has more than doubled over that time to £679k, a margin of about 12%. Net profit is £591k. The menu and service model are not tied to the building, so a buyer could take the format elsewhere when the lease allows. The asking price of £1.7m sits below net assets of £2.5m, which include fit-out and kitchen equipment.

Key investment highlights

EBITDA up 152% since 2021
Turnover of £5.8m, up every year
Asking price below net assets of £2.5m
Team of 115 on leasehold premises

Reason for sale

The founding partners have decided to go their separate ways and sell the business together.

Nothing flagged on the two questions buyers ask first

No flag

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

Revenue directionNo flag
Turnover rose +9.9% in 2026.
- 2021: baseline
- 2022 (+9.9%)
- 2023 (+8.3%)
- 2024 (+7.3%)
- 2025 (+8.2%)
- 2026 (+9.9%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin widened from 7.0% in 2021 to 11.7% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.