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Central Restaurant With £150k+ Profits In London For Sale

London, UK
Asking Price:
£595,000
Turnover:
£1,000,000
Net Profit:
Available on request

An opportunity to acquire a real gem of a successful Italian restaurant in the heart of Fitzrovia, Central London. Ideally placed for The West end and many central London attractions. In operation for 15 years and with an impressive turnover and profit history. The restaurant has seen an upwards of doubling of turnover in recent months, hence it carries a significant premium in the market. A characterful restaurant with a distinctly Italian rural feel but with great potential for growth given there are 90 covers inside and out and another potential 40-50 downstairs.

Profits of £150k to 2023 (tbc)
Potential max covers 140
Impressive location in the heart of London’s Fitzrovia
Solid business with loyal client base.

A charming and truly successful Italian Restaurant in The heart of London/s busy Fitzrovia district. A solid business returning very impressive profits and with significant growth potential.
The main dining area is approached from a key junction but with a ‘quiet ‘feel; rural verdant effect frontage with tiled floors and a large bar to the rear. The main dining room has 50 covers, though in summer there can be up-to 40 outside. A set of stairs lead to a large lower floor which is not regularly used but has been used for private functions and could provide another 45-50 covers.

STAFF
Managed by the owners.

TRADING HOURS
Tues – Sun 12:00 to 21:30