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Licensed Restaurant In North London For Sale

North London,London,UK, ID 139919

Licensed Restaurant In North London For Sale 1
Licensed Restaurant In North London For Sale 1
Asking price:
GBP £120 000
Turnover (per year): £364 000 gbp
Owner
Owner's representative
179 business for sale

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Description

Six days opening with a forecourt providing seating for 16 people and a five-star hygiene rating. Double-fronted premises fitted with shutters, tiled flooring, and pendant lighting. The sales counter includes an EPOS till. Tables and chairs provide seating for 50 customers. A CCTV system is installed with six cameras and one monitor.

The kitchen is equipped with a stainless-steel extractor unit, a nine-burner tandoori oven, fridge freezer, and microwave. Additional facilities include a walk-in cold room, separate ladies’, gents’, and disabled toilets each fitted with WC and wash hand basin, a stock room, and an office.

Location: Situated within a parade in a main road trading position in North West London.

Turnover: The owner has advised that current turnover averages approximately £7,000 per week, with an estimated gross profit of around 65%, of which approximately 50% is derived from deliveries.

Staffing: The business is currently operated by the vendor with family support, assisted by six part-time members of staff.

Price: £120,000 to include the secure, renewable lease, goodwill, fixtures, and fittings, plus stock at valuation. A substantial loan may be available to an approved applicant.

Details

Real Estate: Lease
Employees (ppl): 7
Asking price: 120 000 gbp
Turnover (per year): 364 000 gbp

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