Busy Italian Restaurant In Beckenham Kent | | Beckenham Kent | | Italian Resturant Beckenham, Kent T/O: 210,000 GP: 65% Well-equipped Town centre location Scope to increase turnover | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61266
ADVERT IMPRESSIONS : 6,629 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Italian Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £115,000 | ANNUAL RENT: | £18500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Risto Italian Restaurant occupies ground floor lock-up mid-parade premises ideally located in the town centre of Beckenham, Kent. The business benefits from being close to the town's amenities and is surrounded by a variety of shops and businesses. There are regular buses running through the area and the railway and tube stations are within easy walking distance. The business boasts easy access to the A-road network. Bromley town centre is less than 2.5 miles away and Croydon town centre is approximately 5 miles away. Beckenham is a mainly residential area, which lies approximately 10 miles to the south of the City of London. The M25 Motorway network is less than 11 miles away.
Business History
Preferred Commercial is delighted to offer for this busy Italian restaurant, which was established in 1990 and has been in our clients' careful hands since 2006. The business is only now offered to the market due to our clients' wish to relocate. The premises are well-equipped to suit the trade with a spacious restaurant area with tables and chairs for up to 40 covers and a large commercial kitchen with space for storage. The business has a loyal customer base and enjoys a high footfall of passing trade from being situated on a busy A-road. The restaurant has an excellent reputation and enjoys much repeat trade and word of mouth recommendations. Our client currently offers high quality day and night menus. The business trades 6 days a week and generates a turnover in the region of £210,000 per annum with a gross profit of 65%. We feel this could be further increased by establishing a morning menu and also by offering a delivery service. This is an ideal opportunity to acquire an already busy Italian restaurant with huge scope for future development. Early viewings with Preferred Commercial must come highly recommended.
Financial Details
T/O: £210,000 approx.
GP: 65%
Opening Hours
Tues - Sat: 12:00pm to 3:00pm and 6:00pm to 11:00pm
Sun: 12:00pm to 4:00pm
Accommodation Details
Ground floor lock-up restaurant premises. Briefly comprising:
Ground Floor
• Spacious restaurant area with tiled flooring, tables and chairs for up to 40 covers, air conditioning units, bar, coffee machine, shelving for alcohol display and 3 x chilled drinks display unit
• Ladies and Gents WCs with wash hand basins
• Commercial kitchen with a range of appliances fitted to a high standard
External
• Courtyard area to rear
Tenure
Leasehold
Original length: 10 years
Remaining: 6 years
Review every: 5 years
Rent: £18,500 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2324 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
