Restaurants for sale in West Byfleet

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Fine Dining Restaurant in West Byfleet

West Byfleet, Surrey, England

  • Leasehold Price: £76,000  Price Reduced arrow_drop_down
  • Annual Turnover: £400,000
  • Annual Net Profit: £50,000
Seller Reference: SMSB/RESTWB
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Business Description
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Seller Reference: SMSB/RESTWB
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Business Description
London House Restaurant is an attractive fine dining restaurant, in a ground floor location with dual aspect dining room, close to West Byfleet town centre and the railway station with its high speed link to London Waterloo.

Attracting a discerning clientele, the restaurant caters for both commuters and local residents, offering high quality menus, created by the owner and his team. Unique to the local area, the restaurant operates a Chef’s Table, a table in the kitchen with seating for 6. Offering a 6 course taster menu, there was a 4 month waiting list prior to lockdown.

The restaurant is well suited to private functions and in addition to weddings and other functions, has hosted events for many of the local corporate companies in the local area.

Currently the restaurant employs a team of 8 including a head chef, while the vendors now both operate in front of house. All staff members are currently furloughed.
Pre Covid-19 the business was generating annual revenues of c £400k, latterly delivering profit before owner drawings of c £50k. The owners are looking to leave the area and hence the business is being marketed for sale. The guide price for assets and goodwill has been reduced to £76k to encourage a quick sale and the vendors will provide appropriate handover support.

The business is being marketed by www.SellMySmallBusiness and request for further information should be directed to them. Interested parties should not approach the vendors direct.
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