Kitchen Restaurant & Bar in prime location with high quality fit out

Turnover circa: £260k
Adjusted Net Profit circa: TBC

Leaf and Wild is a thriving restaurant within the bustling Stoke Newington high street with an enviable local reputation for preparing freshly made hot food from a high-quality leasehold premises with capacity for 56 covers.

The business places a strong emphasis on health and safety, operating from a leasehold premises which has achieved and maintained a 5-star hygiene rating.

The business is marketed through some of the online marketing channels/delivery partners, which offers scope to an incoming purchaser to increase the presence of this business by further utilising social media, printed marketing and google ads etc… The business currently utilises two of the food delivery apps, offering scope to expand for any incoming purchaser.

Ideal for someone looking to break into the market or a bolt on acquisition for an existing operator.

The business is operated full time by the owner with a small team of employees currently and is operated Monday to Sunday 9am to 5pm, with extended opening days on the weekend from 6pm until late, offering scope to increase opening hours into the evenings throughout the rest of the week.

The restaurant has been fit out to a high standard with improvements made within the last 12 months with new commercial refrigerators and top end coffee machines. The sale includes all the furniture and equipment in this leasehold premises, with favourable terms.

The business has a modern and dynamic website, complimented with professional photography with the ability to book reservations.

LOCATION

The business is conveniently located on Stoke Newington high street in London on the A10, leading directly into the city of London.

MANAGEMENT AND EMPLOYEES

The business is managed by a full-time by the owner, who is supported by a small team of staff which consists of 2 chefs, and 3 waiting/kitchen staff.

GROWTH OPPORTUNITIES

Delivery Partners:
The business only currently works with two outside delivery partners, which could easily be expanded to additional platforms with the required staffing resources put in place.
Operating Hours:
The business is operated limited working days and hours, which could be increased to include into the evenings on more days.
Increase Services:
The business has scope to offer outside catering, including deliveries which offers major scope for a new operator to introduce this once again.

PREMESIS

The premises is a ground floor retail unit on an extremely busy high street. The premises is available by way of an assignment and a 10-year lease was agreed in June 23 at £25,000 per annum.

The vendor has made significant improvements to the property and introduced new catering equipment and furnishings which offer a warm and cosy feel to guests.

Viewing is essential to appreciate the quality of the business on offer.