Highly-Rated Italian Restaurant in Camden, London Known for Neapolitan Pizzas For Sale
Camden, London
- Status
FOR SALE
- Advert ID
629301
- Leasehold: £139,000
- Rent: £32,000 (£2,667 per month)
- Turnover: £386,500 (£7,433 per week)
- Profit: On request
Key Features
- Marketing growth potential
- Negotiable pricing options
- Operational business with goodwill.
- Operational with staff support
Business Details
Italian restaurant for sale
This Italian restaurant represents a lucrative business opportunity, boasting a profitable margin with 45 percent profit and a balanced 55 percent operational costs. It is strategically located in Camden, London, renowned for its exceptional Neapolitan pizzas and traditional Italian cuisine. The restaurant’s cozy interior, accentuated by exposed brick walls and warm lighting, creates an inviting ambiance for diners.
Established in 2011, the business has built a strong reputation and a loyal customer base, reflected in its high ratings on review platforms. It is situated in a bustling area with excellent foot traffic, augmented by nearby amenities such as shops and other eateries, further enhancing its appeal to potential customers. Stylish decor and a well-maintained dining setup offer a comfortable seating capacity of 45 to 50.
The restaurant operates within a competitive environment, serving a diverse clientele, including local European and Muslim customers. Despite the saturation of businesses in the area, the restaurant has seen an increase in turnover over the years, an indication of its robust market presence. All fixtures, fittings, and stocks are included in the sale, which opens various possibilities for new owners who are looking to expand or modify the establishment's use.
Currently, the business is operated by a team of five employees and has been owned by the present proprietor for three years. Although the business does not maintain an online presence, this presents an opportunity for growth through digital marketing strategies. The sale of the restaurant is taking place due to unspecified reasons, with the possibility of the provider offering training to new owners still undecided.
The Italian restaurant is offered as a leasehold opportunity at an asking price available upon request, with a current turnover of £386500. The annual rent is £32,000, and the price has been reduced, inviting offers from interested parties. The property promises potential for alternative uses, comes with a new lease, and is fully fitted, ensuring minimal startup delays for new operations. A prime location further enhances the investment allure of this establishment.
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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.
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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.
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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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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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