Profitable restaurant business for sale lekki phase 1

Description

🏢 OFF-MARKET OPPORTUNITY

DINE-IN RESTAURANT FOR SALE – LEKKI PHASE 1

💡 INVESTMENT HIGHLIGHT

An opportunity to acquire a fully operational dine-in restaurant in Lekki Phase 1, Lagos, with established operations, trained staff, and strong customer spend profile.

This is a going concern sale , ideal for investors or operators looking to enter or expand within Lagos’ premium F&B market.

📊 KEY METRICS (INDICATIVE)

Average Spend per Customer: ₦25,000 – ₦40,000

Daily Customer Count: 40 – 50

Estimated Monthly Revenue: ₦30M – ₦60M (to be verified)

Staff Strength: 15 employees

Monthly Payroll: < ₦3M

📍 LOCATION & LEASE

Located in Lekki Phase 1, Lagos

Annual Rent: ₦20M

Lease Term: 5 years (3 years remaining)

Lease Status: Transferable

No pending rent review

🪑 ASSET PROFILE

Fully fitted restaurant

Kitchen equipment, furniture & fittings included

Assets acquired ~2 years ago (good condition)

Note: Brand name not included but negotiable

🎯 INVESTMENT RATIONALE

Immediate operational takeover (no setup delay)

Strong average ticket size (premium positioning)

Existing staff and operational structure

Opportunity to optimize costs and improve margins

Upside via delivery, branding, and operational efficiency

⚠️ IMPORTANT CONSIDERATIONS

Financials subject to verification

Location is within Lekki Phase 1 but not prime frontage

Typical Lagos F&B cost pressures apply (power, staffing)

💰 ASKING PRICE

₦160,000,000 (Negotiable)

Flexible deal structures may be considered for the right buyer.

📞 CONTACT : +234-880-88460-1193

UPG Property Management Co. Limited
Commercial Real Estate Advisory