Highly-Rated Fine Dining Restaurant and Bar in North London Up for Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
18/03/24
- Advert ID
608379
- Reference
B07916 / Rightbiz
- Call Agent:
- Leasehold: £349,995
- Turnover: £530,000 (£10,192 Per week)
- Net Profit: Not Applicable
Business Details
Fine Dining Restaurant And Bar For Sale
BusinessPlease quote reference B07916
CoGoGo welcomes to the market Bramleys Restaurant LTD T/A Bramley Restaurant, a highly rated fine dining restaurant and bar based in Oakwood, North London.
This well respected family run business opportunity was established by our client in 2022, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews (4.8 rating with over 900 reviews on Google), the restaurant is extremely popular within the area.
Bramley Restaurant has now come to the open market due to our clients desire to move on and focus on other businesses.
Their focus is to use the freshest seasonal produce. Their kitchen works with local suppliers in order to minimise wastage as much as possible, while caring for the environment. The ultimate goal is to extract as much as they can from every single ingredient while creating a unique, flavoursome menu.
The food is paired with an exclusive wine list as well as some amazing cocktails, mocktails, spirits and drinks in general.
Key selling points -
- Outstanding reputation
- High footfall location
- Staff in place
- Beautiful decor throughout
- Alcohol licence in place
- Increase advertising and marketing
- Use more social media
- Host more private events
- Introduce a delivery service
- Open earlier
Location
Bramley Restaurant is located on Bramley Road in Oakwood, North London.
Due to its corner position, it is easily seen from all angles and receives regular levels of footfall and passing trade.
Premises
- Open plan seating area with 50+ covers
- Private dining area for 30+ covers
- WC
- Commercial kitchen area
- Bar and service counter with shelving units along the walls
- Parking available in the the area
Tenure
We are advised that the business is being sold on a Leasehold basis.
As our client owns the Freehold, they have said that they will negotiate a mutually acceptable lease with the buyer. The rent is £40,000 per annum.
Hours
The current trading hours are -
Monday to Thursday - 5:00pm to 11:00pm
Friday to Saturday - 5:00pm to 12:00am
Sunday - 1:00pm - 10:00pm
Staff
We are advised that the business is run and managed by our client, with the help of 2 full-time and 2 part-time staff members.
Financial Profile
We are advised that the business generates a turnover in the region of £530,000. 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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