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Authentic Italian Restaurant and Take Away

Keighley, West Yorkshire
Freehold Price:
£374,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
188917
Reference
13517 A / Rightbiz

Details

Business
Hilton Smythe welcomes to the market Stefano’s Ltd. This authentic Italian restaurant and takeaway is a popular eatery within the town and is very well supported by the local community.

This family friendly restaurant was originally founded by our clients in 2004 and offers a range of traditional freshly prepared dishes cooked to order. The restaurant is welcoming and offers 34 covers with views through to the open plan kitchen area with a good level of catering equipment.

According to the 2016 accounts the business reports a generous turnover in the region of 308,000 with a gross profit at circa 67%.

Although clearly successful, we believe the business has huge potential for further growth. On the first floor is a large stock room which could be used as additional seating should the new owner want to expand the capacity. Certainly, we believe a new owner should invest in a website, the business already has a presence on social media, but could be utilised further to promote the business to new custom.

Opening lunch times could also prove beneficial and perhaps offering a delivery service in the area would further boost trade.

Early viewing of this reputable restaurant is highly recommended, with the business genuinely coming to the market as our clients look towards a well-deserved retirement.

Location
The business is located in the historic town of Silsden in West Yorkshire.

Stefano’s occupies a prominent corner position within the picturesque town centre, surrounded by a plethora of independent retail outlets, eateries and town centre amenities. The business is next to Saint James Parish Church and village hall. The area sees a constant and heavy footfall throughout the day.

Silsden is situation in-between Skipton to the North and Keighley to the South connected via the A629. The nearest train station is at Steeton and Silsden and regular bus services run throughout the day. There is ample parking in the vicinity.

Premises
Corner sited premise with canopy frontage and vibrant signage, highly visible to passing trade.

Main entrance
The well-presented shop front is very welcoming with Italian coloured lighting for night-time effect.

Restaurant
The door opens into an intimate open plan restaurant with seating for 34 covers max. There is a small upper level with access to the till area and kitchen. Stairs with a disabled stair lift lead up to the first floor.

Kitchen
The kitchen is open plan and visible from the entire restaurant. It is well equipped with 6 hob burner, grill, 2 double fryers, 4 fridges, a dishwasher, Bain Marie, coffee machine, double pizza oven, stainless steel workbenches, counter fridge with salad bar, microwave and all kitchen utensils, crockery and cutlery included.

Preparation room
To the rear of the kitchen and outside is a prep room with walk in fridge and freezer. There is also an ice machine and dough mixers.

Store Room
On the first floor is a large stock room. There is also a locked wine and spirit store and an office.

Gents and ladies’ toilets are also on the first floor, the ladies having disabled access. There is a fire exit leading out to a dry store room.

Tenure
We are advised Freehold.

Hours
The business opens: -

Closed Monday
Tuesday to Saturday 6pm-10pm (2 sittings at 6.00pm and 8.30pm).
Sunday 2pm-9pm (3 sittings 2,00pm, 5.00pm and 7.30pm).

Staff
The business is owner run and managed with the assistance of 4 full time kitchen staff, 1 part time front of house member of staff and 1 pot washer.

Financial Profile
According to the 2016 accounts the business reports a generous turnover in the region of 308,000 with a gross profit at circa 67%.

Seller Details
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Listing Details
Freehold Price: £374,950
Tenure: Freehold
Sector: Restaurants, Take Aways Businesses
Financials
Annual Turnover: £308,310
Video
Location Statistics
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Listing Statistics
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