Restaurants for sale in Tamworth

View the "Well Presented Authentic Italian Restaurant" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, Spoton.net (July 2016)
View More
Leasehold Price: £79,999 Turnover: £150,000
Request Details
Business Description
BUSINESS
Hilton Smythe welcomes to the market Daquino Cucina Italiana Restaurant.

The business was founded in February 2011 and is now only being sold reluctantly as our clients wish to pursue other business interests.  Daquino prides itself on serving traditional Italian food, from hearty Lasagne to a great range of pastas and risotto and providing an informal and relaxing ambience whatever the occasion, whether for business, family celebrations or a romantic meal for two.

The sale includes a website and the business has a great visible presence on the internet with its own Facebook page and many great online reviews. The business has received a certificate of excellence from TripAdvisor for the last four years and was a regional winner in the “English Italian Awards” in 2016.

Scope to improve

Advertising and marketing campaign
Maximise the use of social media
Extend the opening hours
Develop the outside catering side of the business, great commercial catering kitchen!
Offer a take away menu at lunchtimes, there is a big demand for this.

Explore Hungry House and Just Eat online options.

LOCATION
Tamworth is a large market town in Staffordshire, 14 miles northeast of Birmingham bordering Warwickshire to the south and east and Lichfield to the north and west. At the 2001 census the town had a population of 76,900 making it the second largest town in Staffordshire after Stoke On Trent.

The business is situated in the town centre alongside complimentary retail businesses next to St.Edithas Church, with a number of inexpensive car parks nearby as well as on street parking and the business enjoys high levels of footfall and passing trade.

The main road running through Tamworth is the A5, the M42 motorway runs to the east of the town and it is accessed via junction 10 which also contains Tamworth services. Tamworth railway station is located in Victoria Road and serves as an interchange between the West Coast Mainline and the Cross Country route.

The business is presented and maintained to the very highest possible standards and is well signed.

PREMISES AND EQUIPMENT
The business occupies a quaint, period terrace building and is beautifully presented.

Ground Floor

Restaurant

Bay window and glazed door to front creating a light, airy and inviting interior, many original features, beamed ceilings, wood effect flooring, radiator, high quality tables and chairs providing 28 covers currently.

Bespoke bar with stainless steel worktop, two double glass fronted drinks chillers, good range of optics and bottles of wines and spirits, coffee machine, coffee grinder, tiled and mirrored splash backs and perimeter shelving for the storage of glasses.  There is a walk-in alcove with tiled splash backs and perimeter shelving with an ice machine and shelf for till and card machine.

Kitchen

Generous sized catering kitchen, comprehensively equipped with tiled walls, twin stainless steel sink and drainer, Imperial commercial range cooker with 6 burners and oven beneath. water boiler for pasta, further twin basket fryer, full extraction system with stainless steel canopy, stainless steel perimeter shelving, hand wash basin,2 microwave ovens, 5 compartment industrial fridge and wall mounted Alpha boiler.

Wash up area

With roof lights, tiled floor, twin stainless steel sinks with useful storage beneath and two drawer commercial dish washing machine.

Walk-In Chiller

Generous sized walk in Chiller with perimeter shelving, this has had a new motor and been re-gassed recently.

Freestanding Timber Storage shed

Useful store with power and light.

Freezer/Dry Goods store

A generous timber store housing 2 chest freezers, a Beko upright freezer and perimeter shelving along with lots of floor storage space.

There is a newly refurbished secure yard/ bin store with a rear entrance.

First floor

To the first floor and accessed via stairs from the ground floor restaurant is a further seating area/ function room. Dual aspect with wall lights, access to roof space, a freestanding display unit and tables and chairs providing an additional 30 covers approx.

TENURE
We are advised leasehold, the original term was for 15 years and there are 9 remaining. The rent is a very reasonable £9500 per annum and we are further advised that the landlord would be happy to renegotiate a lease for a new owner.

There are no business rates currently payable.

HOURS
Lunch Thursday to Saturday 12-2pm.

Dinner Tuesday to Saturday 6-10pm.

STAFF
The business is managed by the two owners with the help of 3-part time staff.

FINANCIAL PROFILE
The business reported a turnover of approximately £150,000 in the last financial year.

REASONS TO BUY

Well established business with an enviable reputation, many regular customers and great reviews
Minimal running costs with low rent and no business rates
Ideal owner managed or husband and wife business
Everything included in sale price and immaculately presented making this a real “Turn Key” business. 

Tenure: Leasehold

Listed by: Hilton Smythe
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

13951 G
Seller Reference:
Bookmark and Share
You May Also Like...
loading...