CoGoGo welcomes to the market Ora Brasserie an award-winning restaurant that was opened in 2017 by our clients who are now looking to sell due to other commitments.
Ora Brasserie is a fine Mediterranean restaurant serving superb food and a great selection of wines over lunch and dinner, with menus which include vegetarian, gluten free and dairy free options. Ora are proud to have won the Best Mediterranean Restaurant 2019 – West London.
We are advised the team has decades of West End experience in top restaurants, which have brought in many strong on-line reviews including 4.6/5 Google reviews, 4.9/5 Facebook reviews and 4.5/5 reviews on TripAdvisor along with a 2019 certificate of excellence. The business website is included in the sale.
Ora Brasserie is a profitable business, however there is scope for development by considering opening for breakfast and lunch throughout the week.
CoGoGo highly advise early viewing to avoid disappointment.
Financial Profile
Ora generated an advised turnover of circa £337,685 as of the 2018 accounts, with a gross profit of £207,785 a net profit of £68,364 and an adjusted net profit of £94,603
The assets being sold with the business are worth in the region of £50,000 and the average stock value is in the region of £5,000.