Elegant Restaurant for sale in Glasgow

Summary:

• Prime Location
• Proof of funds required
• Huge Potential
• All fixtures & Fittings Included
• Excellent Client Base
• Highly Rated
• Established Business

Business Description:

Silk Letting LTD are proud to present to the market a glamourous Italian cuisine, based within Glasgow. Its wide array of products brings a touch of Italian authenticity to the area by serving things such as

Pizzas

Bruschetta

Carbonara

Stroganoff

Steaks

Mocktails and it also has a lot more to offer

Leaving customers spoilt for choice, this business has managed to keep its clients happy and create many loyal relationships. This means that with the purchase of this business also comes an excellent client base. As well as a good client base, this business has also built up a good reputation for itself with plenty of 5-star reviews online to back this up. These reviews make the business appear more attractive to potential customers who may see it online and may even help bring in new clients.

As well as these reviews, the restaurant has also recently appeared in the local newspaper due to its excellent service, giving it a well-known name within the area.

The restaurant currently operates from walk-in trade, bookings, Uber Eats, Just Eat and through its own delivery service.

With all fixtures and fittings included within the purchase of this business, it gives a buyer an advantage as it assists them towards an easy takeover.

Location and Amenities:

Conveniently enough, this business is situated on a main road where a lot of traffic does pass by. As it is very close to the motorway, it means that the area has a consistent traffic flow all throughout the day. Also, the surrounding of many local amenities, helps the area stay busier and customers from these local stores do tend to raise the amount of footfall in the area, therefore, leading to a high amount of walk-in and passing trade entering the business.

With plenty of parking bays along the road and along nearby side roads, it makes the business easily accessible for customers, staff, and the owner if they do need to travel to the premises via car.

However, if travelling by car is not what suits you best, then you will be glad to hear that this business is also close to local transport links. For example, there is a bus stop not too far from the premises, which gives ease of access to anyone who needs to travel via public transport.

Growth Potential:

The current owner has already built this business to become a success, however, there are many 

ways in which a buyer can expand.

For example, apart from Sundays and Mondays, this business opens at 5 pm every other day which does leave a huge gap for sales during the earlier hours. This leaves room for a buyer to extend the hours and open during the morning times to gather more sales throughout the day in hopes to maximise profits and revenue.

Another way in which a buyer can expand is by offering discounts and offers throughout certain times of the week. This could help bring a lot more attention to the business and bring in a lot more custom, resulting in an increase in profits and revenue.

Financial Profile:

Tenure: Lease (Rents Property Only) – 10 year left remaining on the lease.

Turnover is available upon request.

Property:

The premises consists of 2 floors which contain a bathroom, kitchen, seating area and a storeroom.

With around 80 covers, this business is perfect for customers who are dining in small or even large groups and will never fail to accommodate guests during busy periods.

Security Features:

This business is fully equipped with 11 CCTV cameras and an alarm system, which ensures that the premises are kept safe whilst attended to and unattended.

We advise our buyers not to miss out on this opportunity!

Fixtures and Fittings:

All fixtures and fittings are included in the purchase of this business, which makes it ready for a new owner to get going right away.

A full list of assets is available upon request.

Staff:

The business currently employs 8 staff members who are all willing to stay under new ownership. 

This gives the buyer a huge advantage as it gives them an already experienced and efficient team to work with.

The business is currently open:

Tuesday – Friday: 5:00 pm – 9:00 pm

Saturday: 5:00 pm – 10:00 pm

Sunday: 12:00 pm – 8:00 pm

Reason for the business sale:

The owner is deciding to sell the business due to other commitments, which creates the perfect opportunity for you to take over and continue the ongoing success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.