Thriving Italian Restaurant in London's Bustling Fitzrovia District
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
28/03/23
- Advert ID
510822
- Reference
BMMP231087 / Rightbiz
- Call Agent:
- Leasehold: £595,000
- Turnover: £1,000,000 (£19,231 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Attractive Business
- High Turnover
- Town Centre location
- Price Reduced
- Prime Location
- Established Business
- Unique Business
- Close to Local Amenities
Business Details
Central London Restaurant With Proceeds Exceeding £200k
An opportunity to acquire a real gem of a successful Italian restaurant in the heart of Fitzrovia, Central London. Ideally placed for The West end and many central London attractions. In operation for 15 years and with an impressive turnover and profit history. The restaurant has seen an upwards of doubling of turnover in recent months, hence it carries a significant premium in the market. A characterful restaurant with a distinctly Italian rural feel but with great potential for growth given there are 90 covers inside and out and another potential 40-50 downstairs.
Profits of £200k to 2023
Potential max covers 140
Impressive location in the heart of London’s Fitzrovia
Solid business with loyal client base.
A charming and truly successful Italian Restaurant in The heart of London/s busy Fitzrovia district. A solid business returning very impressive profits and with significant growth potential.
The main dining area is approached from a key junction but with a ‘quiet ‘feel; rural verdant effect frontage with tiled floors and a large bar to the rear. The main dining room has 50 covers, though in summer there can be up-to 40 outside. A set of stairs lead to a large lower floor which is not regularly used but has been used for private functions and could provide another 45-50 covers.
STAFF
Managed by the owners.
TRADING HOURS
Tues – Sun 12:00 to 21:30
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
