Profitable Italian Restaurant in Bustling Willesden London For Sale
Willesden, London
- Status
FOR SALE
- Advert ID
613074
- Reference
B08096 / Rightbiz
- Call Agent:
- Leasehold: £89,000
- Turnover: £260,000 (£5,000 per week)
- Profit: Not Applicable
Business Details
Charming Italian Restaurant For Sale
BusinessPlease quote reference B08096
CoGoGo are pleased to be managing the sale of Cavallino a highly rated Italian restaurant for sale in Willesden Green.
Cavallino, a charming eatery located in the bustling heart of Willesden Green, North West London. Renowned for its warm ambiance and delectable menu, Cavallino stands as a beacon for lovers of traditional Italian cuisine.
The restaurant prides itself on offering a diverse menu that caters to all tastes. From the rich, savoury notes of freshly made pasta to the crisp, authentic crusts of traditional pizzas, every dish is crafted with passion and precision.
Their offerings include:
- Traditional pizzas
- Freshly made pasta
- Aromatic coffee
- Delectable weekly specials
- Mouthwatering desserts
- Enhanced marketing efforts - Utilising digital marketing strategies such as social media advertising, search engine optimisation (SEO), and influencer partnerships to reach a wider audience and attract more customers.
- Expanded Delivery Services - Partnering with popular food delivery platforms to offer home delivery, catering to the growing demand for convenient dining options.
- Menu Diversification - Introducing seasonal dishes and special menus to attract repeat customers and entice new ones with fresh, innovative offerings.
- Loyalty Programs - Implementing a customer loyalty program to reward repeat patrons, encouraging frequent visits and increased spending.
- Event Hosting - Offering the restaurant space for private events, such as birthday parties, corporate gatherings, and special celebrations, to generate additional income.
- Culinary Workshops - Hosting cooking classes and workshops to engage the community and build a loyal customer base passionate about Italian cuisines.
- The area boasts a large affluent population that would appreciate a fine wine experience.
- There is also the possibility to offer late night pizza delivery.
The council has suggested that they can apply for an extended license if the new owners goal is to prioritize pizza sales.
Location
Situated in Willesden Green, Cavallino benefits from high visibility and constant foot traffic. This prime location not only ensures a steady flow of customers but also positions the restaurant for further growth in the vibrant City of London dining scene.
Cavallino is just a 2-minute walk from the Willesden Green tube station.
Premises
The shop was constructed from the ground up five years ago and converted into a restaurant two years ago.
Beautifully appointed dining area featuring open beams and exquisite wall paneling decor.
Includes two spacious kitchen areas and a WC.
Additionally, there is a spacious basement equipped with freezers, wine racks, and drink racks. The basement also served as an office.
There is also a back entrance with parking available.
Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place which renews every 10 years.
The current rent is £22,000 per annum.
Hours
The current operating hours are:
Monday - 9:00am to 10:00pm
Tuesday - Closed
Wednesday & Thursday - 9:00am to 10:00pm
Friday & Saturday - 9:00am to 11:00pm
Sunday - 9:00am to 10:00pm
Staff
The business is run and managed by our client with the help of 1 chef and 2 front of house staff members.
Financial Profile
This business generated a turnover of £260,000. Full financials can be made available upon further request.
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Listing Statistics
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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.
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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.
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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.
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