Prime London Greek Restaurant with Strong Brand Presence for Sale in Palmers Green
Palmers Green, London
- Status
FOR SALE
- Advert ID
625712
- Leasehold: £350,000
- Rent: £22,000 (£1,833 per month)
- Turnover: £750,000 (£14,423 per week)
- Profit: On request
Key Features
- Potential for Alternative Use
- New Lease
Business Details
Greek restaurant for Sale London N13
Tony's Pita, a well-established Greek restaurant with a strong brand presence, is available for sale in Palmers Green, London. This restaurant, with a history of 8 years and operating across three locations, is presently considering offers for either the sale of an individual location or all the locations together. The decision to sell has been primarily influenced by staff management challenges.
The restaurant boasts a modern and spacious kitchen equipped with stainless steel equipment, supporting its specialization in traditional Greek dishes such as gyros and souvlaki. Located in a prime street-front space, it enjoys high visibility due to its strategic signage. The interior dining area is both attractive and well-maintained, further enhancing the dining experience. An authentic Greek barbecue experience is provided by the inclusion of a rotisserie.
Tony's Pita has been established for over three years under the current ownership and benefits from its location near shops, restaurants, and other public amenities that draw in customers. The business employs 7 staff members and maintains a significant online presence, which contributes to its current turnover of £750,000 annually. Additionally, the owner is open to offering training opportunities to any prospective buyer.
The leasehold is priced at £350,000, with an annual rent of £22,000. There is potential for alternative use, and a new lease will be available for the new owner. The restaurant's appeal is further enhanced by its solid profitability and ongoing customer interest.
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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.
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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.
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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.'.
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