Bruce & Co. are delighted to announce the sale of Bonsai; a well-established Japanese restaurant situated in Edinburgh.
The business had been under the ownership of the vendors, Mr and Mrs Ramage, for over 3 years and they decided to bring the restaurant to the market due to other business interests.
The business has a wonderful reputation for offering authentic Japanese cuisine, and as a result, consistently benefits from high levels of trade. The property itself came well presented throughout, providing 55 internal covers. The property also came with a fully fitted and extensively equipped commercial kitchen, and WC facilities.
Representing an excellent opportunity to acquire a successful business and a well maintained property, the restaurant generated good levels of interest. Following 5 viewings and 3 offers, the business was acquired by first time buyer, Mr Rollo, on a leasehold basis. The location was a key factor in Mr Rollo’s decision to buy Bonsai Restaurant.
Sale completion took just three months, and Mr and Mrs Ramage said that “Everything went well with Bruce & Co.”
Safa Sultan, Sales Negotiator at Bruce & Co. commented “Due to the reputation and the location of the business, I knew this business would sell quickly. I am pleased that Mr & Mrs Ramage can focus on their other business interests now. I also wish Mr Rollo the best of luck with his new venture.”