Restaurants for sale in London

View the "Unrivalled Choice Of Delicious Caribbean Favourites" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Unrivalled Choice Of Delicious Caribbean Favourites

London, England

  • Leasehold Price: £139,995  Price Reduced arrow_drop_down
  • Turnover: £368,000
  • Gross Profit: £145,000
Seller Reference: B04295
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Business Description
 
 
 
 
 
 
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Seller Reference: B04295
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Sweet Delight Caribbean Cuisine, established 4 years ago and now offered for sale due to our clients need to concentrate on his clothing business.

The menu offers an unrivalled choice of Caribbean favourites from soups, curry's, plantain, grilled meat and fish dishes, rice and peas,and stews. With small meals ranging from £6.00 to large at £7.00 with kids lunchtime specials at just £3.00.

The weekly turnover averages at £7,000, £5,500 from walk in customers/sit down diners and £1,500 from delivery orders arranged through both Deliveroo and UberEats.

Our client advises there is still lots of scope to grow turnover by improving the current website, offering its own deliveries, expanding the outside catering side including parties and weddings. No current marketing plan is in place and adopting some new leaflet drops to the many homes and businesses in the area will help boost the awareness of the business.

The business is fully run by our clients loyal skilled team.

Hilton Smythe advise early viewing to avoid disappointment.

Location
Sweet Delight Caribbean Cuisine is located on the busy High Road in South Tottenham, London.

The business enjoys a corner trading position on both the High Road (A10) and Lealand Road. There is an excellent choice of restaurants and takeaways on this road with desirable streets of Victorian homes surrounding the business.

The A10 is the main route into central London from Enfield and connects directly to the M25 motorway.

The business is fortunate to be centrally positioned between Stamford Hill, South Tottenham and Seven Sisters main line train stations as well been 5 mins from Seven Sisters tube station.

There is free parking available in the surrounding streets.

Premises
Dining area -

• Window POS system
• CCTV system throughout (8 cameras)
• Long solid wood service counter with Bain Marie
• Glass fronted chiller
• Tall glass fronted drinks chiller
• Double length under counter fridge
• 3 x microwaves
• 20 covers dining space

Customer toilet facilities

Kitchen-

• Dry store cupboard
• Chest freezer
• 4 x fridges
• Large extraction unit
• Prep sink and prep tables
• Hand Wash sink
• Large gas stove and griddle

Tenure
The business is been sold as a Leasehold opportunity with 13 years remaining on a 14 year lease.

The annual rent is £20,280 with payable business rates at £4,000.

Hours
Monday to Sunday opening from 12-11pm daily

Staff
Fully staff run with 1 x full time member and 5 x part time members of the team

Financial Profile
Our client advises a annual turnover in 2017 of approx £368,000 with a Gross Profit of £145,000 .

Tenure:
Leasehold
Listed by:
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