Thriving Family-Run Italian Restaurant in Reading with Strong Turnover and Growth Potential
Reading, Berkshire
- Status
UNDER OFFER
- Advert ID
632357
- Reference
DT5212 / Rightbiz
- Call Agent:
- Leasehold: £75,000 (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: £231,091 (£4,444 per week)
- Profit: On request
Key Features
- A3 and alcohol licence
- Accessible dining destination
- Close to local amenities
- All necessary equipment included
Business Details
Family Run Italian Restaurant – Reading, Berks – Fully Licensed – Strong Turnover
🔥 Confidential Sale – Long-Established Licensed Italian Restaurant – Reading (North), Berks 🔥
PRICE REDUCED
Ref: DT5212
A rare opportunity to acquire a charming, family-run Italian restaurant with over 21 years of successful trading. Situated in a prominent position within a sought-after, prominent village - Reading, Berks. This fully licensed and attractively fitted premises offers a warm and authentic Mediterranean atmosphere.
- 2024 Turnover: £231,092 – Up 12% year-on-year
- Strong local following – 4.6★ average reviews
- Circa 50 covers – Fully equipped & included in sale
- Evenings only – 6 days/week – Huge scope to grow
- Held on favourable lease – Rent: £24,000 p.a.
- Genuine retirement sale – Full handover offered
An ideal owner-operator venture with clear growth potential and an enviable trading history.
💷 Asking Price: £75,000
(Plus stock at valuation)
📞 Enquire now for full details – NDA required
Lansley Commercial | Tel: 0118 959 0271 | Ref: DT5212
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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.
Be safe, use a Rightbiz Solicitor
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