This is a rare opportunity to acquire a popular Italian Restaurant based in Twickenham, London

  • Leasehold Price: £70,000
  • Annual Net Profit: £19,118
  • Annual Turnover: £313,339
London, England
Seller Ref:524
For Sale

This is a rare opportunity to acquire a popular Italian Restaurant based in Twickenham, London

London, England
Seller Ref:524
  • Leasehold Price: £70,000
  • Annual Net Profit: £19,118
  • Annual Turnover: £313,339

Overview

Seller Ref: 524

Description

***PRICE REDUCED FURTHER***
This is a rare opportunity to acquire a popular Italian Restaurant based in Twickenham, London. The business is available on a leasehold basis.
The business operates as a fashionable family-friendly Italian and Mediterranean Restaurant selling the very best local produce, with the aim of creating a hub in the local community and bringing quality food at affordable prices to local people and tourists alike. They offer an authentic Italian dining experience to their customer base and sell items such as homemade pizza, pasta, salads, meat and fish dishes, and much more based on traditional recipes with a few twists here and there. They also serve vegan, vegetarian, and gluten-free options for those who have special dietary requirements. The restaurant is fully licensed and is open for lunch and dinner to cater for everyone’s availability. It has received great reviews for its welcoming atmosphere, friendly staff, and excellent quality food and drink. The cafe is open six days a week and is a popular spot for locals and visitors alike. The business also has an established delivery service using Deliveroo, Ubereats, and Just Eat.
The premises has been renovated to an exceptionally high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures and fittings to create a comfortable, welcoming interior. The charming restaurant entices many passing visitors, and the interior of the café can accommodate 60 covers comfortably. There is also an outdoor seating area for up to 12 diners which has a large canopy, and in the Summer, the 4 wooden doors can be opened fully to allow for al-fresco dining.
The business has been established since 2001 and have experienced steady growth on an annual basis since then. They have built up an excellent reputation in their local community and are considered a household name in the area. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
• High footfall and passing trade
• Highly sought-after location
• Loyal customer base
• 60 internal covers
• 12 external covers
• Alcohol licence
• Reliable staff
• All fixtures and fittings included
• Competitive lease
• Minimal competition
• High turnover
• Huge potential for further growth and success.
• Parking nearby
It is with a heavy heart that the current vendor is selling for health reasons and retirement. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering/licenced sector or an existing business looking for a lucrative acquisition. We have already received a high number of enquires at this initial stage, so to avoid disappointment, please contact us for further information.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

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