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Authentic Eritrean Restaurant

Maida Hill, London
Status
FOR SALE
Advert ID
193354
Reference
04770 / Rightbiz
Leasehold Price: £160,000
Annual Turnover: £180,000
Annual Net Profit: £60,000
    Unique Eritrean cuisine

    Loyal customer base

    Recent refurbishment

    Strong online reviews

    High footfall location

Intelligent Business Transfer are delighted to offer to the market this lucrative opportunity to buy a reputable Eritrean restaurant. The business serves high quality cuisine and has established a great rapport with customers by offering competitive prices, and an authentic Eritrean dining experience.The business relies on repeat business from loyal visitors, as well as passing trade from shoppers on the busy main street. There is huge scope to significantly grow the revenue of this business by expanding opening hours into lunch time, start a takeaway menu and offer outside catering. The business has an outstanding website that can be further enhanced through Facebook and Twitter accounts. This would allow additional advertising of special offers and help increase exposure of the business. This would significantly increase the yearly income which currently stands at £180,000.With minimal competition and a 6000 strong customer database, this is a rare opportunity to purchase a highly successful and profitable business. It would particular suit those with experience in the catering industry who have an interest in Eritrean cuisine and are passionate about creating an authentic dining experience. Benefiting from a solid reputation, excellent location and loyal customers, this is a very profitable opportunity for the right buyer. The owner has requested Intelligent Business Transfer to find a suitable buyer who will look to grow further one of the best restaurants in West London.
Listing Details
Location: Maida Hill, London
Sector: Catering Businesses, Restaurants
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Advert Reference: 04770 / Rightbiz

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