Prime Surrey Location Italian Restaurant with High Profitability and Growth Potential For Sale
Surbiton, London
- Status
FOR SALE
- Advert ID
622137
- Reference
B08383 / Rightbiz
- Call Agent:
- Leasehold: £109,995
- Turnover: £300,000 (£5,769 per week)
- Net Profit: Not Applicable
Business Details
Profitable Italian Restaurant For Sale
BusinessPlease quote reference B08383
CoGoGo welcomes Positano, established for over 25 years and taken over by our clients in 2017, this well-loved Italian restaurant is located in the bustling heart of Surbiton.
This turnkey business is a fantastic opportunity for a motivated buyer to step into a thriving and highly regarded establishment with a loyal customer base and a reputation for excellence.
Key Features:
- Prime Location: Situated in a high-footfall area, Positano benefits from excellent passing trade and a strong local community presence.
- Capacity & Layout: The restaurant accommodates 55 covers indoors, with the added advantage of outdoor seating for al fresco dining - perfect for warm summer evenings and attracting walk-ins.
- Staff Operations: The business is efficiently managed with a team of 5 experienced staff members who ensure smooth day-to-day operations.
- Menu Appeal: Positano offers a wide selection of Italian dishes, including vegetarian options, catering to diverse tastes.
- Established Online Presence: The restaurant is active on Facebook, Instagram, and X (formerly Twitter), where it enjoys excellent reviews and ratings. Its strong digital footprint drives customer engagement and builds brand loyalty.
Currently open five days a week, there is significant potential to increase revenue by extending trading hours to seven days. Additionally, the introduction of:
- A delivery service via popular platforms such as Deliveroo or Uber Eats.
- A lunchtime menu to attract nearby office workers.
- Wine-tasting or themed evenings to draw new clientele could further boost profitability.
The sale is due to family commitments, and we are confident this vibrant restaurant will continue to flourish under new management. Contact us today to arrange a viewing and see the potential firsthand!
Location
Positano, 165 Ewell Road, Surbiton, England, KT6 6AW.
Premises
Positano occupies a double-fronted establishment which captivates passersby with its eye-catching signage and inviting ambience. Boasting both indoor and outdoor seating beneath a quaint canopy, it offers the perfect blend of comfort and elegance for enjoying the breathtaking coastal scenery.
Tenure
This opportunity is being sold on a Leasehold basis with 11 years remaining on the lease.
The current rent is £25,500 per annum.
Hours
The current operating hours are:
Monday - Closed
Tuesday to Saturday - 5:30 pm to 10:00 pm
Sunday - Closed
Staff
This business is run and managed by our client with the help of 5 staff members.
Financial Profile
This business generated a turnover of £300,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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