Restaurants For Sale in Berkshire South_east

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Profitable Italian Restaurant In Prime Location-trading For 14 Years.

Location:Berkshire, South East

Category:Restaurant

Asking Price:£149,500

  • Sales revenue : £330,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Profitable Italian Restaurant In Prime Location-trading For 14 Years.
  • Profitable Italian Restaurant In Prime Location-trading For 14 Years.
  • Profitable Italian Restaurant In Prime Location-trading For 14 Years.

Business description

Situated in a major Berkshire town which has a substantial commercial and retail presence.The restaurant is in the heart of the town, on a pedestrian walkway so there is little traffic noise, andit is adjacent to a main car park.

There is local competition but little that comes close in terms of quality of food and ambience. Most of the competition in the area revolves around fast food. However the business has longevity, position and a loyal customer base which means that whilst competition comes and goes its impact is minimal.

Other Information

  • Real Estate: Ground floor consists of 80 covers in comfortable split level main restaurant area. Separate bar and greeting area with seating. Ladies and gents toilets,fully tiled. Fully fitted commercial kitchen, fridges and freezer, walk in cold room and seperate access to staff bathroom facilities. Landing area with dessert fridge and wine storage. Stairs to basement area which houses another fridge and chest freezer, ice machine, storage for additional chairs and a lockable wine cellar. There is also a small additional room currently used as an office. Rear entrance for deliveries, and two reserved parking spaces.
  • Years Established: 14 years
  • Employees: 4 full time 2 part time
  • Trading Hours: Lunch 12.00pm - 2.30pm Dinner 6.00pm - 10.30pm (Monday-Thursday) 6.00pm - 11.00pm (Friday-Saturday)
  • Lease Terms: Rent is £12,000 per annum. Service charge which covers water supply, rubbish collection plus 24 hour security. Parking for staff at rear of premises.
Business Partnership
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