Swift Sale-Price reduced to £55,000, this is a bargain for the No 1 Italian in Grantham
Established in 2009 the restaurant has fabulous reviews and ratings and has striven to become No 3 out of 95 of Grantham restaurants on Trip Adviser, a position that the team and owners are extremely proud of.
The business is only being sold as the owners are currently overseas and do not forsee a return to the UK.It is expected that trade will be back to where it was prior to lockdown once normality returns.
There is the potential to extend the opening hours to 6 nights a week and to open lunch times.
A great opportunity to acquire this well established and very profitable classical restaurant for a considered investment.
Well established family run business, owners oversee the day to day running
Reputation as the No 1 Italian in the area with great reviews. 4.9 Facebook, 4.8 Google and No 3 restaurant in Grantham on Trip Adviser.
Leasehold sale, new lease available, attractive terms £7500/year
32 covers and open 5 evenings a week
Team of 5 staff – Chef, Asst Chef, Front of House Manager, Waiter, Washer, 3 full time 2 part time.
Sales average £3,500 per week, with an average of £30 per head
Well equipped, large size kitchen with deposit cellar
Car parking across the road or on single yellow lines after 6pm
Genuine reason for sale as the owners are re patriating
Asking price includes all fixtures and fittings
Lease £695/month inc building insurance.
Zero rated business rates