Scroll To Top

Restaurant With Renowned Reputation

Stourbridge, West Midlands
Status
FOR SALE
Advert ID
256906
Reference
B05855 / Rightbiz
Leasehold Price: £64,500
Annual Turnover: £208,000
Business
Please Quote Reference B05855

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Vesuvio Italian Restaurant which is a well-established restaurant with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

There has been a restaurant at these premises for over 30 years and the current owners have run it as Vesuvio Italian Restaurant for the last 6 years or so and the business has flourished under their ownership accruing many regular customers and a burgeoning reputation.

The business is now being sold, albeit reluctantly and with heavy hearts only due to other business interests, the vendors are keen to see their beloved restaurant pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

Vesuvio Italian Restaurant as the name suggest is an Italian Restaurant that is passionate about Italian cuisine. The business is a family run independent business that prides itself on their delivery of personal service to their customers. Vesuvio offers a variety of pastas, salads, authentic Italian meat and fish dishes, homemade desserts and an exquisite selection of wines at affordable prices. The business offers A La Carte, fixed menus, Friday and Saturday menus and special event menus such as Valentines and Mother’s Day etc.

The sale will include the company website (Vesuvioitalianrestaurant.co.uk) and Facebook page and the business enjoys great visibility on the internet with many impressive reviews.

Scope to Improve:

  • Advertising and marketing campaign.
  • Maximise the use of social media particularly Twitter and Instagram.
  • Extend the opening hours.
  • Explore online delivery options from the likes of Just Eat and Deliveroo etc.
Reasons to buy:

  • A well-established business with an enviable reputation and many existing customers.
  • Prime trading position in the centre of the main shopping area.
  • All fixtures and fittings included making this a real Turnkey business opportunity.
  • Current owners happy to offer a handover to ensure the continued success.
  • Priced to facilitate a quick sale.
Hilton Smythe highly advise early viewing to avoid disappointment.



Location
Vesuvio Italian Restaurant is in Stourbridge.

Stourbridge is a market town in the West Midlands. The 2011 census recorded the town’s population as 63,298. Stourbridge is about 13 miles west of Birmingham. Much of Stourbridge consists of residential streets interspersed with green spaces.

Vesuvio Italian Restaurant is ideally positioned in the centre of Stourbridge’s unusually busy and vibrant shopping centre and sits alongside other complimentary retail businesses. The business is beautifully presented and maintained with clear visible signage and distinctive livery.

There are several inexpensive public car parks within easy walking distance as well as areas with free on street parking.



Premises
Vesuvio Italian Restaurant occupies generous and impressive premises which are beautifully presented and fastidiously maintained and briefly comprises:

Ground Floor;

Glazed double doors opening into an impressive hallway / reception area with stairs and lift access to the first floor.

First Floor;

Hallway with stairs and lift access and useful store cupboard

Restaurant;

Light, airy and generous restaurant with a pleasing upmarket feel, nice quality tables and chairs currently providing approximately 70 covers but with room for more if required. Bespoke bar with draft beer tap, soft drinks dispenser, stainless steel sink and drainer, wine chiller, 2 double glass fronted drinks chillers, glass floating shelves, optics and spirits display, Expresso coffee machine, coffee grinder, EPOS till system

Disabled WC;

With close coupled toilet, hand wash basin and baby change facilities

Gents W.C.;

With urinal, 2 hand wash basins, wall mounted hand dryer and soap dispenser

Ladies WC;

With two cubicles, hand wash basins and hand dryer

Function Room;

Pleasing room with tables and chairs providing approximately 24 covers

Kitchen;

Comprehensively equipped catering kitchen, generously proportioned with non-slip vinyl flooring, Turbofan Convection oven, 2 six burner range cookers, Zanussi solid top range, Blue seal salamander grill, twin basket fryer, Samsung microwave, Kenwood microwave, full extraction system with stainless steel canopy, 2 door fridge with marble effect top and sale deter, warming cupboard and Passover,3 door fridge with stainless steel top and saladette, stainless steel preparation tables, vegetable saladette, stainless steel hand wash basin, commercial dish washer, 2 x stainless steel sinks with drainer, walk in chiller.

Staff W.C.;

With close coupled toilet and hand wash basin.

Freezer Room;

With 2 chest freezers, perimeter shelving, meat slicer and floor storage space

Dry Goods Room;

With perimeter stainless steel shelving, wall mounted boiler and hot water tank.

Basement;

Providing useful additional storage.

Fire exit and access for deliveries.



Tenure
We are advised that Vesuvio Italian Restaurant is being sold as a leasehold business opportunity.

The existing lease has approximately 13 years remaining, and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £17,280 (including service charges) per annum which is reasonable given the size and location of the premises.

We are advised that the business rates payable are approximately £2650 per annum.



Hours
Tuesday to Saturday 12.00 – 14.30, 17.30 – 22.00

Sunday 12.00 – 14.30

Monday closed 



Staff
The business is run and managed by our clients, a husband and wife team with the help of 4 full time and 2 part time members of staff.



Financial Profile
Vesuvio Italian Restaurant generates an advised current turnover of circa £208,000 per annum but it needs to be appreciated that the business is currently being run at a pace to suit and has enjoyed higher turnover previously. For further information please reference B05855.



Listing Details
Location: Stourbridge, West Midlands
Sector: Restaurants, Catering Businesses
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: B05855 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

Restaurants
Fish And Chips Shops
Fish and chip takeaway/restaurant
Birmingham, West Midlands
Restaurants
Indian restaurant Stourbridge west...
Stourbridge, West Midlands
Fish And Chips Shops
Disclaimer
The data showed regarding this advert 'Restaurant With Renowned Reputation - B05855 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller