Highly-Rated IL Vigneto Italian Restaurant in Leominster Herefordshire Up for Sale
Leominster, Herefordshire
- Status
FOR SALE
- Date Submitted:
09/08/23
- Advert ID
517859
- Reference
B07460 / Rightbiz
- Call Agent:
- Leasehold: £59,999
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Authentic Italian food and wine bar for sale
BusinessPlease quote reference B07460
CoGoGo are delighted to welcome to the market IL Vigneto Italian Restaurant, a highly rated opportunity in the market town of Leominster, Herefordshire.
This newly established business opportunity first opened its doors in 2022, building up an excellent reputation and regular client base during its short time of trading. As seen by the many fantastic online reviews and ratings, the business is extremely popular within the local community.
IL Vigneto Italian Restaurant has reluctantly now come to the open market due to ill health.
The business is an Italian restaurant offering authentic Italian food and wine. The restaurant prides itself on serving some of the best Italian Salami and Cheeses. They're also known for a wide range of grill vegetables, appetisers and pasta with freshly made sauces. This is all accompanied with the best beers and wine from Italy.
IL Vigneto Italian Restaurant also organises special days where they introduce local meats with an Italian touch and a day dedicated only to freshly baked pizza with fresh ingredients.
Customers can either dine in or takeaway.
The fabulous food is freshly prepared on the premises using local ingredients wherever possible, with a breakdown on the menu available upon further request.
The sale will include all the fixtures and fiitings, all kitchen equipment, the company website and social media platforms and the business enjoys great visibility online along with great reviews.
Key selling points -
- Prime trading position in a picturesque and upmarket area
- Current owner happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- A real opportunity to increase turnover and profits significantly. The current owner has been running at a pace to suit due to health issues
- All fixtures, fittings and equipment included in the sale making this a real Turnkey business opportunity little or no competition locally
- Advertising and marketing campaigns
- Maximise the use of social media
- Extend the opening hours, perhaps opening for breakfasts and Sunday lunches
- Explore online voucher discounters such as Groupon, Wowcher and Taste Card
- Introduce a delivery service, real demand locally
Location
IL Vigneto Italian Restaurant is located on West Street in Leominster, Herefordshire.
The business has attractive eye catching signage and receives high levels of footfall and passing trade.
Premises
Beautifully presented and maintained with a pleasing upmarket feel and visible signage.
The business occupies two floors of an attractive period building and is beautifully presented and fastidiously maintained.
The premises have two seating areas arranged over 2 floors with nice quality tables and chairs providing approximately 48 covers.
There is a bar area with seating and a comprehensively equipped catering kitchen with virtually brand new equipment throughout.
The business premises retain a wealth of original features such as slate effect floors, ceiling beams and traditional style windows.
Considerable money has been spent ensuring that this is one of the nicest restaurants in the area.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £850 per month.
Hours
The current trading hours are -
Monday to Tuesday – Closed
Wednesday to Thursday – 12:30pm – 10:30pm
Friday to Saturday – 12:30pm – 11:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of 1 full-time and 3 part-time staff members.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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