Retiring Owner Selling Highly Profitable, Award-Winning SW London Fine Dining Restaurant & Cafe
Undisclosed, Surrey
- Status
FOR SALE
- Advert ID
621632
- Reference
SW London business for sale / Rightbiz
- Call Agent:
- Leasehold: £700,000
- Rent: £86,000 (£7,167 per month)
- Turnover: £2,439,598 (£46,915 per week)
- Profit: £294,499 (13% Profit margin)
Key Features
- Equipment and appliances included
- Established turnover and profitability
- Assets included in sale
- Modern commercial kitchen
Business Details
20 year established profitable fine dining restaurant & cafe in SW London for sale due to retirement
THE BUSINESS
A rare opportunity to acquire a long-standing, multi award winning and highly regarded business, which has been successfully trading for over 20 years under the same ownership.
The operation comprises two distinct offerings: a fine dining restaurant and an adjacent café, which trade independently. Together, they generate a strong combined EBITDA of £334,455 for the year ending 2023, with an average EBITDA of £349,303 over the past four years.
The business also reports a net profit of £294,499 for the year ending May 2024, broken down as follows:
- Café: £112,970
- Restaurant: £181,529
(These figures account for directors’ salaries and pensions of £70,000.)
DESCRIPTION
Restaurant
The elegant restaurant features a stylish and intimate dining space with approximately 45 covers on the ground floor, complemented by a fully equipped commercial kitchen with full kitchen extraction.
The first floor offers an additional 22 covers, a servery kitchen with a dumbwaiter, and customer WC facilities. The second floor includes staff changing rooms and a spacious manager’s office.
Café
The café is designed for a more casual dining experience, offering approximately 26 covers on the ground floor. The front of the café features a servery counter, while the rear includes a customer WC.
The café also benefits from its own fully equipped kitchen with extraction, a large bakery/prep area, two walk-in fridges, and convenient side access for deliveries. The rear prep kitchen previously served as a central bakery for other locations owned by the tenant.
LOCATION
Situated in a highly sought-after area, the restaurant and café benefit from excellent footfall, strong community ties, and a loyal customer base. The premises are easily accessible, with nearby public transport links and parking facilities.
Lease Terms
The property will be made available via two new co-terminus 15-year leases, held inside the Landlord and Tenant Act. The combined rent is set at £86,000 per annum exclusive.
MEDIA PRESENCE
Restaurant
- Mailing List: 20,500 subscribers
- Instagram: 4,718 followers
- Facebook: 3,300 followers
Café
- Instagram: 3,465 followers
- Facebook: 2,000 followers
BUSINESS SALE PRICE
The business is offered at £700,000 (2x EBITDA), which includes the name, intellectual property rights, and all fixtures and fittings.
Further details on the precise location will be made available upon signing a non-disclosure agreement (NDA) to ensure confidentiality.
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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
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