Fully fitted, Profitable Restaurant in Forest Hill SE London

  • Price: £140,000
  • Annual Turnover: £316,000
London, England
Seller Ref:BTB2311229
For Sale

Fully fitted, Profitable Restaurant in Forest Hill SE London

London, England
Seller Ref:BTB2311229
  • Price: £140,000
  • Annual Turnover: £316,000

Overview

Seller Ref: BTB2311229

Description

Overview:

Name: Tru Restaurant

Business Type: Restaurant and Bar

Location: Forest Hill, SE London

Turnover: £158,000 – Last 6 months

Price: £140,000 (Reduced from £150,000)

Premises Highlights:

Fully Fitted: Modern equipment and furnishings meticulously maintained.

Prime Location: Strategically positioned near Forest Hill Train Station.

Capacity: 50 customers inside, 12 outside, featuring a licensed bar, restaurant, and inviting outdoor seating.

Growth Potential:

Turnkey Business: Ready for future success with minimal effort.

Delivery Platforms: Untapped potential – leverage platforms like Deliveroo and Uber Eats.

Extended Hours: Explore morning and afternoon services to capture additional clientele.

What Sets Tru Apart:

Quality & Creativity: Unique modern twist on Vietnamese cuisine, using authentic flavours and fresh ingredients.

Stylish Ambiance: Tastefully decorated interiors, seating for 50 guests, and a well-stocked bar.

Exceptional Dining: Outstanding service, friendly atmosphere, and a menu evolving with the seasons.

Business Strengths:

Strong Sales: Highly profitable with a turnover of £158,000 in the last 6 months.

Financials:

Lease: New 20-year lease signed on 25th May 2023, with an annual rent of only £22,500 + VAT.

Rent Review: Next review in 2028.

Service Charge: £2,000 P/A

Business Rates: £3,750 P/A

Potential for Growth:

Delivery Platforms: Expand your reach and tap into a broader customer base.

Extended Hours: Capitalize on current opening hours: Tuesday – Friday 16:00 – 22:30, Saturday & Sunday – 12:00 – 15:00 & 17:00 – 22:30.
Morning & Afternoon Services: Capture the lunch and early dinner markets.

Don’t miss out on the opportunity to own and grow a thriving restaurant in a prime location. Tru Restaurant & Bar is poised for success – a true gem in Forest Hill, SE London. Act fast to secure this turnkey business and elevate it to new heights!

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

Listed By:

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