Weekly Takings £2,000
5* Food Hygiene Rating
Scope To Develop
Close To Town Centre
EPC - B
Blacks Brokers are pleased to bring to the market this long established, beautifully presented and highly profitable French restaurant in Luton.
Le Steak Parisien has been open here on Wellington Street for over 9 years, with an impressive 29 year trading history in total. The current retail unit was empty and our client completed a full restoration with installation of state of the art equipment and high end fixtures, fittings and furniture. Every aspect of the aesthetics of this restaurant have been customised to suit the style and atmosphere created by our client. The business has gained a reputation which is second to none and has a large, loyal customer base with exceptional online reviews. Our client only offers for sale now due to retirement and family commitments, thus we have this excellent opportunity for a new owner to really push this business forward even more, with scope to expand the online presence and create a new marketing strategy.
The location of Le Steak Parisien is just out of the town centre along a road of restaurants and bars. The area is well used and much sought after. There is plenty of free parking available close by and the area bring much passing trade in addition to locals. The business is housed within a smart, single fronted unit with a side entrance and glazed frontage. The brand identity is displayed on classic and clear signage. Inside is a bar area, main dining area which offers 40 covers, kitchen and toilets. The French inspired interior features classy décor, well maintained and inviting. All areas are exceptionally well presented and of a high quality.
To summarise, this is a great opportunity for a new buyer to drive this business forward, the area is perfect for this type of business and the standard of food, service and surroundings is extremely high. The business is currently achieving an annual turnover of £62,000 with 55% gross profits, rent is competitive for the area at £12,000 per annum. To appreciate this business in full, a viewing at your earliest convenience is highly recommended, by appointment only.Fixtures:
All Fixtures and Fittings Included in Sale.
TUE - SAT: 18:30 - 00:00
French style interior
Location Details: Luton
Leasehold Term: Rent: £12,000 Per Annum
Downloadable Documents Sign In / Register to view
Includes 3 Bed Accomm Weekly Taking £3,500 - £4,000 Highly Profitable Enviable Location Free parking EPC -...More Details
SPACIOUS SINGLE FRONTED RESTAURANT with woodstrip floor, partly carpeted, wall & ceiling lighting. Tables ...More Details
At present South Indian cuisine which could obviously be continued & in our opinion there is potential for ...More Details