LOCATION:
Opportunity to acquire a successful and lucrative restaurant business in a prime location in North London, a highly profitable and well-established restaurant in a busy and affluent area, This restaurant is located near the station and in a very good and posh location near to the school and college, residential and commercial offices in the area.
Reason to sell: The current owners have other commitments and due to long distance of travelling.
OVERVIEW:
Award-Winning Greek Cuisine at the kebab show in 2023 and 2024: Celebrated as the best Greek restaurant and is in brand new condition with a high turnover and a loyal customer base, It is very famous in the area for get-togethers and family functions. The restaurant has a seating capacity of 20, and It is fully equipped with CCTV cameras, display fridge, gas cookers, Grill machine and all other required equipment needed to start the business.
The interior showcases modern décor & elegant furnishings, The restaurant has a beautiful ambiance and good décor, New owner does not need to spend a penny as everything is ready to start the business. The restaurant is on popular delivery platforms including Deliveroo, Uber Eats, Just Eat, as well as their own dedicated website. It has got high rating ratings with excellent customer reviews.
TURNOVER: Available on request
Potential: Oncoming buyer have an opportunity to expand the menu by introducing a variety of popular dishes such as pizza and burgers, This will help to attract in more people and boost the restaurant's sales.
License: It has got A3 license and Alcohol license.
Current Rent: £21,500 (under review)
RATES: £700 Per Annum
TENURE: Leasehold - 15 years remaining
SIZE: Total area 1016 Sqft Approx.
Trading hours: 12 PM to 9 PM Monday to Thursday, 12 PM to 9:30 PM Friday and Saturday (Sunday closed)
Additional Potential: The restaurant can start serving breakfast early morning and It also has a license to stay open until 11:00 PM, which can increase sales even further.
The business is marketed for £325,000 plus SAV it including all the fixtures and fittings.
For further information, please contact the BTC Commercial and Investment team on ---- --- ---- or [email protected].
