Italian Restaurants for sale in Kent

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Italian Restaurant in Kent

Kent, England

  • Leasehold Price: £173,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £14,000
Seller Reference: NB-R9150
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Business Description
 
 
 
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Seller Reference: NB-R9150
Request Details
Business Description
Nationwide welcomes to the market this ATTRACTIVE WELL FITTED LICENSED RESTAURANT. Main road trading position, KENT.

Well established as Italian cuisine, which can obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

Sales year ending 30th November, 2018 showed £483,332 with a gross profit of £298,859.

ATTRACTIVE DOUBLE FRONTED RESTAURANT with quality tiled floor, beamed ceiling, hanging lighting. Air conditioning/heating. Tables & chairs providing seating for 55 persons. BAR. 3-door glass fronted counter fridge, glasswasher, sink, 1 fridge 2 deep freezers.

Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin

LEVEL KITCHEN with quarry tiled floor, tiled walls. The equipment includes stainless steel extractor, large gas griddle, single deep fryer, stainless steel counter fridge with 2 doors & drawers, double sink & drainer, wash hand basin

Storage area with 1 glass fronted fridge, 1 additional fridge

Turnover : WE ARE INFORMED the turnover currently averages £14,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 30th November, 2018 showed sales of £483,332 with a gross profit of £298,859 & a net profit of £152,264 (including directors salaries of £18,452).

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £173,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £173,000 (R9150)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
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