Freehold Italian Restaurant
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Pursue an alternative business venture.
Description ITALIAN RESTAURANT BERKSHIRE REF:8740RG ASKING PRICE: LEASEHOLD: œ90,000 + SAV. LOCATION: This wonderful restaurant is ideally located in a town centre arcade in Reading, Berkshire. It is the perfect spot to enjoy the best of Italian cuisine before visiting the many bars and nightclubs in the centre of Reading. The area has many well know high street retailers such as Marks & Spencer, Boots, Sainsburys and a myriad of other who all contribute in bringing huge footfall levels to the town centre. There are many car parks all around the town centre as well as limited timed free on street parking. ASKING PRICE:
LEASEHOLD: œ90,000 + SAV.
THE BUSINESS: Advent Business Sales is delighted to have been instructed to offer to the market this well established and extremely popular upmarket Italian restaurant for sale. The restaurant, which has been trading successfully since 1992, has been in the proud hands of the current vendor's for over 2 years and is only now being offered for sale to enable them to pursue an alternative business venture. Our clients have achieved an enviable local reputation with many positive testimonies, posted on their website, complimenting the excellent food, service and atmosphere. The restaurant employs two full time and three part time employees, (20 hours per week on average), as well as the two full time vendors.
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