Very well presented throughout
Good commercial Kitchen
High Turnover and exceptional Profits
GIA 175m2 (1,888ft2)
La Gondola is a very busy Italian restaurant with 70 covers, located in the centre of Kirkcaldy. The business has been under the same ownership for 11 years. My clients now wish to focus on other business interests.
The restaurant caters for between 450-500 covers per week and has seen year on year growth since 2010. The business is currently producing an EBITDA in excess of £100,000. This is an excellent opportunity to acquire a very robust and profitable business.
La Gondola is situated at the northern end of the High Street in the centre of Kirkcaldy, the largest town in Fife. The town is nowadays the service centre of Fife, with a shopping centre, new swimming pool, new NHS hospital, museums, the Adam Smith Theatre, a professional football team, art gallery and three public parks. A cinema complex is proposed and under planning. The harbour was reopened to commercial shipping in 2011. The town has a population of around 49,700 persons which is similar in size to Stirling and Perth, whom were recently reclassified as cities.
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