Italian restaurant and pizzeria for sale in wandsworth

The Italian restaurant, situated around the corner from Wimbledon Stadium on Garratt Lane, offers a delightful dining experience with a charming atmosphere centered around a wood-fired pizza oven. Established for ten years, the restaurant benefits from its prime location, which ensures a steady stream of customers, as it is surrounded by various shops, restaurants, and public services. Diners have the option of enjoying their meals indoors or in a lovely outdoor area that offers stunning views of the sunset.

With a well-organized kitchen, an extensive menu, and both dine-in and takeaway services, the restaurant boasts a strong history of high turnover, making it an appealing investment opportunity. The business is currently priced at £70,000 and achieves an impressive annual turnover of £280,000, with a profit margin of £150,000. Annual rent is £36,000, and all stock is included in the sale price.

The current owner is selling the business due to plans to return to Italy. The restaurant, now closed, is fully fitted with an authentic Italian pizza oven as part of its fixtures, and employs a team of five employees. It presents opportunities for refurbishment or alternative use for entrepreneurs seeking a new venture.

A new lease is available and potential buyers might find incentives offered to stimulate interest in this unique small business opportunity. Being close to multiple retailers and local amenities further enhances its attractiveness. Offers are invited, and the price has been reduced to encourage potential buyers.

The restaurant's features include:

• Wood-fired pizza oven creating an authentic experience.
• Cozy and inviting interior with ample seating.
• Charming outdoor dining area with sunset views.
• Well-organized kitchen ready for turnover.
• Established location with consistent foot traffic.

The business:

• Has been established for 10 years.
• Is surrounded by local amenities such as shops, restaurants, and public services.
• Includes an authentic Italian pizza oven in the price.
• Is being sold because the owner is returning to Italy.
• Employs 5 staff members.

Italian restaurant and pizzeria for sale in Wandsworth, London:

• The leasehold price is £70,000 with a current turnover of £280,000.
• The annual rent is £36,000.
• The profit margin is £150,000.
• All stocks are included in the price.
• Currently closed but ripe for refurbishment.
• Offers a high turnover and potential for alternative use.
• Close to local amenities, making it an attractive business proposition.
• New lease available with possible incentives for buyers.