Restaurants for sale in Northolt

View the "Popular Takeaway & Restaurant In Northolt" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Popular Takeaway & Restaurant In Northolt

Northolt, London, England

  • Leasehold Price: £62,000
  • Annual Turnover: £175,000
  • Annual Gross Profit: £72,800
Seller Reference: 6139
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Business Description
 
 
 
 
 
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Seller Reference: 6139
Request Details
Business Description
5* Food Hygiene Rating
Annual Turnover £175,000 (Projected 2018/19)
Gross Profit £72,800 (Projected 2018/19)
External & Internal Seating For 14
Low Weekly Rent £144
Low Rates
EPC - D
REF 6139 – Leasehold Lebanese Cafe & Restaurant

Blacks Brokers are proud to bring to the market this leasehold Lebanese takeaway & restaurant located in the much sought-after area of Northolt, Greater London.

INTRODUCTION

Damas Cafe & Restaurant has been trading on Haydock Green since 2015 with our client in ownership since opening. The café offers a superb range of authentic Lebanese menu choices and has gained a large base of regular customers and an excellent reputation along with a good amount of excellent online reviews.

LOCATION

The business is located at Haydock Park housing estate in Northolt in Greater London – the area is well populated both residentially and commercially. The business is based next too a Boots UK store on a very busy parade. Northolt Underground Station lies close by and is also well linked with the A40.

REASON FOR SALE

The business is only being offered for sale due to our client’s other business interests.

LEASE

The current lease is 15 years and began in 2015 at a cost of £144 per week. Further lease details to be confirmed.

BUILDING LAYOUT AND DESIGN

Damas Cafe & Restaurant is housed within the ground floor of a mid-terraced property. The café is very well branded with electronic signage on display above a fully glazed frontage and has a covered canopy area with matching branding.
The Café/Restaurant has a customer service counter with overhead illuminated menus to the rear and seating for 14. To the rear of the customer service area is a short corridor leading to a kitchen, wash up area, staff toilet facilities and at the very back of the premises is a large food preparation room with various professional catering stainless steel food preparation units and surfaces, a walk-in fridge and will have installed prior to sale a walk-in freezer.
All areas are well presented with good quality fixtures and fittings in place and a full inventory is available on request.

STAFF

The business is currently operating with our client and 3 part-time members of staff in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £175,000 (Projected 2018/19) with gross profits projected £72,800 (2018/19). 90% of takings are generated on takeaways and 15% of that is from Hungry House Online.

SUMMARY

This leasehold business is well-established and has a good base of regular customers. The business benefits greatly from having very low rent and rates, and boasts a 5*Food Hygiene Rating.
There is plenty of scope to develop the business further with regular marketing in the area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Walk-in cold room

Walk-in freeze

2 Chilled display counters

2 Kebab machines

Chicken Rotisserie

Charcoal BBQ

2 Pan deep fat fryer

Double pizza oven

Drinks chiller

Coffee machine

Bean grinder
Trading hours:
MON: 09:00 - 23:00
TUE: 09:00 - 23:00
WED: 09:00 - 23:00
THU: 09:00 - 23:00
FRI: 09:00 - 00:00
SAT: 09:00 - 00:00
SUN: 09:00 - 23:00
Tenure:
Leasehold
Location Details:
Northolt
Leasehold Term:
£144 Per Week
Listed by:
Request Details

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