Restaurant Specialising In Regional Italian
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 2004
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new owners.
Reason for Sale The owner has reached the age where he wishes to retire and handover the running of this successful company to somebody with energy and focus to build on the successes that has been achieved over the fast few years and continue to run this business with t
Description Restaurant For Sale, Specialising in Regional Italian Cuisine. Ref.AC158. Location London. Asking Price 285,000 . An opportunity has arisen to take on ownership of a well-established restaurant located right in the middle of the nation's capital. Established in 2004, the past few years have seen this business emerge as an exciting new player in London's vibrant restaurant scene. Specialising in regional Italian cuisine, the restaurant combines contemporary and rustic styles to create a truly unique dining experience. Everything on the menu is prepared from fresh food delivered daily and bread is baked on the premises. An extensive wine list ranges in price from 14.00 - 100.00.
The restaurant is capable of serving 90 covers with the option of providing for a further 20 outside. The average customer spend is estimated at 40 per head. The customer base is diverse and comprised of a mixture of local residents, tourists and business people. An excellent reputation was quickly established as a result of both major press coverage and word of mouth. The current owners pride themselves on the quality of the food and the excellent service provided by well-trained attentive staff. Regular feedback from patrons suggests the restaurant is widely regarded as the best on offer in the local area. This truly is a remarkable opportunity for the right entrepreneur to take advantage of both an excellent reputation and an envious London location to gain a head start in the highly competitive world of restaurant dining.
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