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Licensed Italian restaurant in London with seating for 180 and a 5-star hygiene rating

Undisclosed, LondonEst. 40 years

CONFIDENTIAL

  • Leasehold: £495,000
  • Turnover: £1,170,000 (£22,500 per week)
  • Profit: Not Applicable

Business Details

Immaculate Licensed Italian Restaurant seating 180 People, Established 1986 for Sale

WE ARE INFORMED by the owner the turnover currently averages £20,000 per week - £25,000 per week (25% Deliveries) with a Gross profit of 65% approx. FEATURES:
5 STAR HYGIENE RATING

Outside seating for 12 people.

DOUBLE FRONTED AIR CONDITIONED PREMISES, in the region of 1,750 ft², WITH BYFOLD DOORS, CCTV (14 cameras), Suspended ceiling with spotlights, laminate flooring.

Customer waiting area.

Tables and chairs for 180 people.

BAR - Electric cash register, 1 beer pump, 2 group coffee machine, grinder, under counter fridges, glass washer, ice machine, dessert display chiller, wash hand basin.

KITCHEN - Stainless steel extractor, Single deck pizza oven (gas), Rational oven, 8 burner hob, 2 double basket deep fat fryers, grill, stainless preparation table, pizza topping station, dough mixer, dough roller, etc.

Walkin cold room.

Ladies and gentlemen's cloakrooms with toilet and wash hand basin.

Disabled cloakroom with toilet and wash hand basin.

Stairs to first floor, in the region of 240 ft².

Dry store.

Walkin chiller.

Office. PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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 'Immaculate Licensed Italian Restaurant seating 180 People, Established 1986 for Sale - R3210 / 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.