Established, Busy, Profitable Restaurant in Affluent High Road, Chelsea SW London

  • Price: £130,000
  • Annual Turnover: £480,000
London, England
Seller Ref:BPD2310246
For Sale

Established, Busy, Profitable Restaurant in Affluent High Road, Chelsea SW London

London, England
Seller Ref:BPD2310246
  • Price: £130,000
  • Annual Turnover: £480,000

Overview

Seller Ref: BPD2310246

Description

Business Monkey is delighted to bring to the market an established Lebanese/Mediterranean restaurant located on a busy stretch of the affluent and prominent Fulham Road, surrounded by many hotels, offices and local residents.

Adorned with shimmering chains of beads and hammered metal lanterns, this Fulham eatery is an intimate spot for dining with friends, business meetings and romantic dinners. The established business specialises in Lebanese cuisine, as well as offering a wide menu of middle eastern mezes, grills, salads and wraps.

Premises: Mandaloun restaurant holds a full Class E license to cook and serve hot food on the premises, as well as holding a full alcohol licence from 12pm to 2am. The kitchen is situated at the back of the main restaurant, providing a functional and efficient setup.

Seating Capacity and Outdoor Space: The restaurant can accommodate approximately 30-35 people inside, with a further 20 seatings on the outdoor terrace.

Prime Location: Situated on the bustling Fulham Road, the restaurant benefits from high footfall and widely residential area.The prestigious address puts Mandaloun at the epicenter of the affluent area of Fulham, ensuring a steady stream of potential clients.

Turnkey Business Opportunity: The sale includes all the fixtures and fittings and is ready to continue immediate trading. The business offers great growth potential for a new owner to expand

Financial Details: Generating a turnover of over £480k P/A the business boasts a solid financial foundation. Full accounts are available upon request, providing transparency and insight into the business’s performance.

NB: ALL equipment, fixtures & fittings are included in the asking price (Full inventory available on request).

Turnover 22/23: £48,000
Tenure: Leasehold
Rent: £68,000 P/A
Current Trading Hours: Monday-Sunday 12pm- 11pm

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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