Tapas Restaurant Nuevo Sur For Sale in Leyton London
Leyton, London
- Status
FOR SALE
- Advert ID
632874
- Leasehold: Price on Application (Stock at valuation)
- Rent: £22,000 (£1,833 per month)
- Turnover: £240,000 (£4,615 per week)
- Profit: On request
Key Features
- Accounts Available
- Established Business
- Prime Location
- Company for Sale
Business Details
Tapas Serving Style Restaurant For Sale In Leyton
Tapas Restaurant for Sale in Leyton
Discover an exciting opportunity to acquire a tapas serving style restaurant, Nuevo Sur, located in one of East London’s vibrant dining corridors. This well-established restaurant offers a stylish interior adorned with vibrant wall art and modern lighting, creating a visually appealing atmosphere.
Customers can enjoy comfortable seating, featuring plush green chairs and cozy booths, while the open kitchen design promotes an engaging dining experience. The inviting ambiance, enhanced by warm lighting, makes Nuevo Sur the perfect spot for evening meals. Additionally, its prime location ensures excellent street visibility and outdoor seating options, attracting a diverse clientele.
Business Overview
Established three years ago, the current owner has successfully built this business from the ground up, offering a full operational foundation alongside a transformed brand identity. Since its launch, Nuevo Sur has introduced an exciting Latin-Spanish menu and improved kitchen flow, culminating in a turnover of £240,000. There has been a consistent increase in revenue due to strategic enhancements, including the implementation of QR-based table ordering.
Location and Amenities
Nueva Sur benefits from its strategic location at E10 6RF, surrounded by a rich ecosystem of local shops, restaurants, and public services that draw customers. This high-visibility site is crucial for ensuring a steady influx of patrons.
Included Assets and Transition
This sale includes all fixtures, fittings, and equipment necessary for a smooth transition, such as a fully equipped professional kitchen, designer front-of-house space, branded décor, and point-of-sale hardware.
Reason for Sale
The current owner is stepping back after three years of successfully establishing Nuevo Sur, allowing for new ownership to take this thriving business to the next level. The decision to sell is driven by a desire to focus on personal and professional commitments outside the hospitality industry.
Operational Details
The restaurant is fully operational, with a dedicated team of 4-5 employees committed to delivering exceptional dining experiences. The annual rent for the leasehold opportunity is £22,000, with further details on the asking price available upon request.
For those interested in this leasehold opportunity, accounts are available for review to assess the robust financial performance of the restaurant.
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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.'.
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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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