Thriving Italian restaurant in London N8 with strong revenue and growth potential for sale
City of London, London
- Status
FOR SALE
- Advert ID
632235
- Reference
BPD2311443 / Rightbiz
- Call Agent:
- Leasehold: £375,000
- Turnover: £746,000 (£14,346 per week)
- Net Profit: Not Applicable
Key Features
- Established Business
- Prime Location
- Offers Invited
Business Details
Tomo Italian Kitchen – Authentic Italian Restaurant – London N8
Key Features:• Prime Location: situated in a very busy North London high street area with high footfall.
• Well Established: 18 years old, a trusted local restaurant with strong repeat business.
• Outstanding Reputation: earned glowing reviews & a solid presence on review platforms.
• Experienced Team: 11 staff ensure smooth daily operations delivering exceptional service.
• Solid Profitable Turnover: developed over many years, sales circa £720k pa.
• Favourable Lease Terms: 12 years left, annual rent of circa £29,400.
• Great potential: to expand turnover in this turnkey business.
Are you interested in owning a taste of Italy in the heart of North London - Look no further Tomo Italian Kitchen is the perfect opportunity for you.
Located on the bustling High Street in Crouch End, London N8, Tomo Italian Kitchen is a beloved, family-run restaurant known for its warm hospitality and authentic Italian cuisine.
A local gem with a strong reputation developed over 18 years, Tomo offers a thoughtfully curated menu featuring handmade pasta, stone-baked pizzas, and traditional regional dishes, all made with fresh, high-quality ingredients sourced locally from trusted suppliers.
The restaurant’s welcoming interior combines contemporary charm with rustic touches, creating an inviting space that’s perfect for casual dining, romantic evenings, or family gatherings. With 54 covers Tomo attracts a loyal customer base from the local community and beyond.
Renowned for its consistent food quality and attentive service, Tomo has earned glowing reviews and a solid presence on food review platforms.
Tomo Italian Kitchen continues to thrive as a destination for those seeking a genuine Italian dining experience in one of North London’s most desirable neighbourhoods.
From a financial perspective, this business delivers profitable turnover circa £720k per annum. and operates from leasehold premises, annual rent £29.4k.
Further financial information will be exchanged with serious buyers.
Significant opportunity exists to expand the business further by extending opening hours to include a lunch service, and launching a targeted marketing campaign, to promote online delivery services, via platforms such as Uber Eats and Deliveroo.
The reason for sale is that the current owners are exploring new ventures and are now looking for a buyer who can continue to build on the restaurant’s success.
Call us today, to learn more about acquiring this successful profitable authentic Italian restaurant.
Contact Agent
Listing Statistics
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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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