Fully Licensed Italian Restaurant / Night Club
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Full support and training will be provided to the successful purchaser.
Reason for Sale The current owner intends to return to Italy following the sale of the business.
Description Fully Licensed Italian Restaurant/night club For Sale. Ref.AC160. Location Essex. Asking Price œ 385,000. This business has been established for seven years, and is run with a generous combination of innovative insight and entrepreneurial spirit. It has grown since to become a significant enterprise with a reputation for the quality of its menu, wine selection, environment and the successful combination of restaurant, bar and some outside catering, to a variety of events and corporate functions.
The welcoming, comfortable and fully licensed, contemporary restaurant currently has seating for 86 covers on the ground floor including a fully stocked bar. The Restaurant benefits from a significant location in this affluent and established dining area in this busy Central Chelmsford location and has a prominent frontage that comprises of a large glass concertina frontage with a licensed forecourt for a further 80 covers. The interior has a distinct high class feel.
This successful business offers customers an opportunity to spend time enjoying a high quality Italian lunch or evening meal prepared in continental style to the highest standards and which can be accompanied by the high quality wines from different continents that are held in stock. Diners can then enjoy the separate lower level bar/night club which has recently been refitted at a cost of œ200,000, and is open to 3.00 am.
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