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Well Fitted Italian Restaurant In North London For Sale

North London,London,UK, ID 139908

Well Fitted Italian Restaurant In North London For Sale 1
Well Fitted Italian Restaurant In North London For Sale 1
Asking price:
GBP £129 999
Turnover (per year): £468 000 gbp
Owner
Owner's representative
179 business for sale

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Description

Five-star hygiene rating. Double-fronted premises fitted with electric shutters, wood strip flooring, and a ceiling with spot and pendant lighting. The bar area includes an EPOS till and a glass-fronted upright double-door drinks display fridge. Tables and chairs provide seating for 50 people. Additional features include a wood-fired pizza oven and a CCTV system with seven cameras and one monitor.

Kitchen facilities comprise a stainless-steel extractor unit, gas six-burner cooker, pasta cooker, microwave, double sink with drainer, preparation tables, two refrigerators, four freezers, and a dishwasher. Ladies’ and gents’ toilets are provided, each with a WC and wash hand basin. There are three storerooms.

Location: Situated within a parade in an excellent trading position in a commercial area of North West London.

Turnover: The owner has advised that current turnover averages between £8,000 and £10,000 per week, with an approximate gross profit of 65%, of which around 40% is generated from deliveries.

Staffing: The business is currently operated by the vendor with the support of five full-time and three part-time members of staff.

Price: £129,999 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): 9
Asking price: 129 999 gbp
Turnover (per year): 468 000 gbp

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