Fine Dining Restaurant And Bar For Sale

  • Price: £349,995
  • Annual Turnover: £530,000
London, England
Seller Ref:B07916
For Sale

Fine Dining Restaurant And Bar For Sale

London, England
Seller Ref:B07916
  • Price: £349,995
  • Annual Turnover: £530,000

Overview

Seller Ref: B07916

Description

Business
Please quote reference B07916


CoGoGo welcomes to the market Bramleys Restaurant LTD T/A Bramley Restaurant, a highly rated fine dining restaurant and bar based in Oakwood, North London.


This well respected family run business opportunity was established by our client in 2022, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews (4.8 rating with over 900 reviews on Google), the restaurant is extremely popular within the area. 


Bramley Restaurant has now come to the open market due to our clients desire to move on and focus on other businesses. 


Their focus is to use the freshest seasonal produce. Their kitchen works with local suppliers in order to minimise wastage as much as possible, while caring for the environment. The ultimate goal is to extract as much as they can from every single ingredient while creating a unique, flavoursome menu.


The food is paired with an exclusive wine list as well as some amazing cocktails, mocktails, spirits and drinks in general.


Key selling points –

  • Outstanding reputation
  • High footfall location
  • Staff in place
  • Beautiful decor throughout
  • Alcohol licence in place


Scope for further growth – 

  • Increase advertising and marketing
  • Use more social media
  • Host more private events
  • Introduce a delivery service
  • Open earlier

Location
Bramley Restaurant is located on Bramley Road in Oakwood, North London.


Due to its corner position, it is easily seen from all angles and receives regular levels of footfall and passing trade. 

Premises

  • Open plan seating area with 50+ covers
  • Private dining area for 30+ covers
  • WC
  • Commercial kitchen area
  • Bar and service counter with shelving units along the walls
  • Parking available in the the area

Tenure
We are advised that the business is being sold on a Leasehold basis. 


As our client owns the Freehold, they have said that they will negotiate a mutually acceptable lease with the buyer. The rent is £40,000 per annum. 

Hours
The current trading hours are –


Monday to Thursday – 5:00pm to 11:00pm


Friday to Saturday – 5:00pm to 12:00am


Sunday – 1:00pm – 10:00pm

Staff
We are advised that the business is run and managed by our client, with the help of 2 full-time and 2 part-time staff members. 

Financial Profile
We are advised that the business generates a turnover in the region of £530,000. Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

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