Argentinian Restaurant and Tapas Bar In Wimbledon South West London

Summary:

• Proof of funds required
• Huge Potential
• Prime Location
• Heavy Footfall Area
• Unique Opportunity
• All Fixtures & Fittings Included
• Excellent Client Base
• Highly Rated
• Established Business

Business Description:

Silk Letting LTD are proud to present to the market an Argentinian restaurant and Tapas bar in the heart of London. This business has managed to build an excellent name for itself, advertising its products on social media and creating an excellent following and client base from the services that it provides

The business serves a variety of products on its menu, such as:

Argentinian Meat

Pasta

Pizzas

Rice

Prawns

Tacos and much more.

It has stayed consistent in providing its client base with superb service, leading to the business generating over 50 highly rated reviews, which gives the business an excellent reputation and makes it appealing to any potential customers who may be looking at this restaurant online

This business operates via walk-in custom and passing trade.

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

Location and Amenities:

Situated on a busy main road within the South West London area, this business is put in a perfect location which makes sure that it is always busy and occupied. As it is on a main road, the area has a constant traffic flow meaning that there are always people passing by the store, and the surrounding of many local amenities also factor towards the amount of traffic gathered within the area.

A lot of traffic also comes with a huge amount of footfall, which does benefit the business highly as this leads to a good amount of walk-ins and passing trade.

With local transport links being close by, such as a train station and bus stops along the road where the business is based, it gives ease of access to anyone who needs to travel to the premises via public transport.

However, if public transport is not what suits you best, then you will be glad to hear that there are many parking bays along the road which makes it easily accessible for customers, staff, and the owner if they do need to travel to the premises via car.

Growth Potential:

Although this business is already successful, there are still many ways in which a buyer can improve.

For example, the business doesn’t currently have a functional website which leaves room for a buyer to create one. On this website, a buyer could showcase things like the menu and provide contact details to the store in case anyone has an enquiry that they need to make.

Another way in which a buyer can improve is by forming agreements with companies such as Uber Eats and Just Eat. This could help the business reach out to a wider audience as it would give the business reach to the other companies’ clientele. It would also create convenience for customers who would rather order from the comfort of their own homes and potentially increase sales to maximise profits and revenue.

Financial Profile:

Tenure: Lease (Rents Property Only) – 14 years left remaining on the lease.

Turnover is available upon request.

Property:

The business is presented throughout one floor with a vibrant interior making sure that customers are put in an enjoyable environment whilst within the premises.

With around 17 covers, it makes this business is suitable for all types of groups, small or large. It even makes it suitable for customers who want to host events or parties.

With the high amount of traffic gathered within the area, this business will never fail to accommodate during busy periods.

The premises consist of two floors, the first floor being open to customers, which consists of a seating area and a kitchen, and the second-floor beings accessible to staff, including a storage room, bathroom, and a bedroom.

Security Features:

This business is fully equipped with 4 CCTV cameras and an alarm system, which ensures that the safety of the premises is kept 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 does make 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 4 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 – Thursday: 5:00 pm – 11:30 pm

Friday & Saturday: 9:00 am – 11:30 pm

Sunday: 9:00 am – 3:00 pm

Reason for the business sale:

The owner is currently selling the business due to other business commitments, which creates the perfect opportunity for a buyer to 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.