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Fully Licensed Italian Restaurant Business For Sale
Location: England -> London
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Features:
A front area with space for tables and chairs
With wooden floor.
15 tables 40 chairs
Window display space
Cool display serve over counter with refrigerated storage section
under counter glass fronted drinks fridge
2 group coffee machine
coffee grinder
toaster
electric cash register
Baffalo double grill panini toster
under counter small fridge
microwave
dishwasher
ice machine
2 wooden and metal trolleys
1 top side marble trolley with wine rack
serving trays.
CCTV Cameras.
BOSE-4 Music speakers with sub-woofer with amplifier and CD payer
Fire alarm system
Security alarm
Open Plan Kitchen Area:
6 burner gas hobs and oven
Stainless-steel EXTRACTOR
sink and drainer
double gas fryer
microwave
electric grill
one gas grill
large 2 door fridge - commercial
small 2 door fridge - commercial
large 3 door fridge - commercial
domestic fridge
convention oven + baking trays
toaster
slice machine
dough mixer
small sink
cooking utensils

Back Garden:
wooden decking
6 tables 12 chairs - can accommodate more people
Storage room with freezer and space for bins and
cleaning products and tools

Other:
Downstairs storage room
W.C with 2 toilets, two sinks, one hand dryer

Turnover:
The turnover averages £2,500 p.w offering further potential to increase in the right hands.With the aid of private parties and external catering and extending the opening hours the business could potentially increase as it's already growing daily, based on our high quality food. Business is fairly new and fully refurbished but hasn't had the opportunity to expand to its full potential yet.

Staff:
The business is at present operated by 3 Full time staff

Opening Hours:
Monday - Saturday 12pm - 10:30pm
Sunday - CLOSED

Tenure:
The premises are held on a secure renewable lease the present lease expiring in 3 years.
At rental £17,000 p.a.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $104,000
Cash Flow:   $20,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide training.
Reason For Selling:  Business partners split.

Photos

View Larger Photo(s) Of Business
Fully Licensed Italian Restaurant Business For Sale Photo 1




Print Listing Id: 700226414
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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