Italian Restaurants for sale in Kent

View the "LICENSED RESTAURANT in KENT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

LICENSED RESTAURANT in KENT

Kent, England

  • Leasehold Price: £173,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £14,000
Seller Reference: S9150
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Business Description
 
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Seller Reference: S9150
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Business Description
ATTRACTIVE WELL FITTED LICENSED RESTAURANT

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

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, 2019 showed £534,233 with a gross profit if £326,749 with a net profit of £134,494 (including directors' salaries of £121,982).

Tenure:
Leasehold
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