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Italian Restaurant for Sale in Chorleywood Hertfordshire with outdoor garden and modern kitchen

Chorleywood, Hertfordshire
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Italian Restaurant for Sale in Rickmansworth  Photo 1
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Italian Restaurant for Sale in Rickmansworth Italian Restaurant for Sale in Rickmansworth Italian Restaurant for Sale in Rickmansworth Italian Restaurant for Sale in Rickmansworth Italian Restaurant for Sale in Rickmansworth Italian Restaurant for Sale in Rickmansworth Italian Restaurant for Sale in Rickmansworth
  • Status

    FOR SALE

  • Advert ID

    659542

  • Leasehold: £100,000
  • Rent: £18,000 (£1,500 per month)
  • Turnover: £460,000 (£8,846 per week)
  • Profit: £104,000

Key Features

  • Abundant natural lighting
  • Consistent growth potential
  • Customer parking options
  • Established business with growth potential

Business Details

Italian Restaurant for Sale in Rickmansworth

Italian Restaurant For Sale In Chorleywood, Rickmansworth

STILL OPERATING

Leasehold: £110,000 (12 years remaining on lease) 
Rent: £18,000 (£1,500 per month)
Turnover: £460,000
Weekly turnover: £8,000-£12,000 per week 
Net profit: £2,500 - £4,000 per week
Staff: 3 front of house, 1 head chef, 1 pizza chef & 1 kitchen porter
Alcohol & entertainment license until midnight

Trading hours: 
Tuesday 5:30pm - 10:30pm
Wednesday 12:00 - 2:30pm - 5:30pm - 10:30pm
Thursday 12:00 - 2:30pm - 5:30pm - 10:30pm
Friday 12:00 - 2:30pm - 5:30pm - 10:30pm
Saturday 12:00 - 2:30pm - 5:30pm - 10:30pm
Sunday 12:00 - 3:00pm

Accommodating up to 60 guests, this restaurant features both indoor dining and a spacious outdoor garden area. A fully equipped kitchen, fitted with modern appliances including a professional-grade stove.

All new appliances fitted when moving in and a full refurb front of house. Business has been running for just over 3 years.

Free parking in front of the restaurant for many cars

Potential to create garden space of up to 20 seats and front of restaurant seating. We offer delivery and collection - potential to grow with JustEat, UberEats etc.

Selling due to taking over the main family restaurant.

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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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