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Established Central London Restaurant with Modern Decor and High Turnover Potential

City of London, London, ID 169012

Established Central London Restaurant with Modern Decor and High Turnover Potential 1
Established Central London Restaurant with Modern Decor and High Turnover Potential 1
Asking price:
GBP £180 000
Turnover (per year): £200 000 gbp
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Description

An established restaurant located in the town center of London, offered as a leasehold opportunity with an asking price reflecting its profitable operation. The business currently achieves a turnover of £200,000 with an annual rent of £25,000. The restaurant features a modern interior with stylish lighting, a spacious dining area suitable for various events, a large screen for entertainment, a dedicated wine storage area, and quality tableware. Fully equipped, all stock is included in the sale. Operating for 10 years, with the current owner managing it for the past 7 years, the business has seen steady growth in turnover. It is staffed by five employees, and training will be provided to ensure a smooth transition. The location benefits from strong footfall, minimal local competition, and proximity to shops, restaurants, and public amenities. The restaurant maintains a strong online presence, offering further potential to increase trade. This is a turnkey opportunity for a new owner to acquire a well-established, profitable business in a prime central London location.

Details

Real Estate: Lease
Employees (ppl): 5
Support from seller: Full transition support from seller
Asking price: 180 000 gbp
Turnover (per year): 200 000 gbp
Rent (per year): 25 000 gbp

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