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Italian Restaurant and Bar for Sale in London with Loyal Customers and Events

Undisclosed, London

CONFIDENTIAL

  • Turnover: £338,000 (£6,500 per week)
  • Profit: Not Applicable

Business Details

ITALIAN RESTAURANT AND BAR

LOCATED IN LONDONYE26 management turnover of £338,000.The company is an authentic Italian restaurant and bar, with a curated menu including antipasti, fresh pasta, sourdough pizza and traditional desserts. The business regularly hosts public events including live music and open mics, and offers an exclusive private space for hire, available to book for birthdays, work parties and weddings.Our client is offering the company for sale due to health reasons.Has cultivated a loyal returning customer base through its authentic offering and community-loved events.Strong online presence on search engines and social media accounts. Holds a 4.8-star rating on Google reviews based on over 200 reviews, and a 5/5 rating from the Food Standards Agency.Lean management structure, with operational processes in place to aid a smooth transition into new ownership. Located in a vibrant community and surrounded by local amenities and tourist attractions, all of which support heavy footfall.Operates from premises leased for £74,000 annually.Offers invited.
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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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The data showed regarding this advert 'ITALIAN RESTAURANT AND BAR - 172128 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.