Impressive Authentic Mexican Restaurant In South London For Sale

Description

Five-star hygiene rating with a forecourt providing seating for 12 people. Newly fitted in 2022 and highly rated on OpenTable and Deliveroo. Single-fronted premises with a canopy, resin flooring, and pendant lighting. The bar area includes an EPOS till. Tables and chairs provide seating for 80 customers. A CCTV system is installed with 12 cameras and one monitor. Ladies’ and gents’ toilets are provided, each with WC and wash hand basin.

The first kitchen is equipped with a stainless-steel extractor unit, grill, gas six-burner cooker, microwave, dishwasher, fridge freezer, and preparation table. Additional facilities include a walk-in cold room and a basement used for storage purposes.

Location: Situated within a parade in a prime trading position close to a football stadium in South West London.

Turnover: The owner has advised that current turnover averages between £20,000 and £22,000 per week, with an approximate gross profit of 69%. Sales for the year ending 2024 show turnover of £1,123,659, gross profit of £630,041, and net profit of £107,988.

Staffing: The business is currently operated by the two partners with the support of eight full-time and two part-time members of staff.

Price: £300,000 to include the secure, renewable lease, goodwill, fixtures, and fittings, plus stock at valuation. A substantial loan may be available to an approved applicant.