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Italian Restaurant for Sale in Leamington Spa with 75 Seats and Online Presence

Royal Leamington Spa, Warwickshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    648767

  • Leasehold: £40,000
  • Rent: £24,000 (£2,000 per month)
  • Turnover: £132,000 (£2,538 per week)
  • Profit: On request

Key Features

  • Customisable business model
  • Excellent transport links nearby
  • Family-run business operation
  • Flexible hospitality space options

Business Details

Italian Restaurant for sale in Leamington Spa

We are excited to present a remarkable opportunity to acquire a thriving Italian restaurant in the heart of Leamington Spa. Established just four months ago, this business has demonstrated significant potential for growth, consistently increasing its turnover each month. Unfortunately, due to budget constraints, we are considering selling. We believe that with the right passion and dedication, a new owner could help this restaurant reach its full potential and break even within the next 4 to 6 months.

The restaurant boasts a capacity of approximately 75 seats, although only a fraction of this space is currently utilised. Its location benefits from excellent transport links, with a nearby train station drawing in foot traffic and customers. The competitive landscape is favourable; most local dining establishments focus primarily on pizza, presenting a unique opportunity to expand our Italian offerings and attract a diverse clientele.

Included in the sale are all fixtures and fittings essential for operation. The restaurant comes fully equipped with a well-appointed bar featuring a built-in fridge, a kitchen with two cooking stations, numerous food fridges, a pizza oven, a blast chiller, and an inventory of over 60 chairs and 20 tables. This investment not only includes physical assets but also provides a solid framework for a successful hospitality operation.

Employee Structure and Online Presence

The restaurant is currently staffed by three dedicated employees: a chef, a waitress, and a kitchen assistant. Additionally, the business has established an online presence, particularly on Instagram, where it has garnered over 1,400 followers, thus enhancing its marketing reach. This offers an excellent platform for further engagement and customer acquisition.

Training and Growth Potential

To ensure a smooth transition, we are prepared to offer comprehensive training to the new owner. This support will equip them with the necessary skills and knowledge to continue the business’s upward trajectory. The flexible hospitality space allows for various business models, and we strongly believe that there are numerous avenues for expansion and operational efficiencies that can be explored.

This family-run operation not only presents a customisable business model but also comes with a long-term rental lease and no service charges. With ongoing development opportunities in mind, this restaurant is positioned as an excellent venture for someone eager to take ownership and drive it towards success. We look forward to considering offers from individuals who share our passion for hospitality and are ready to invest their vision into this exciting opportunity.

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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.

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