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Established Greek Restaurant In London For Sale

London, Surrey, UK
Asking Price:
£200,000
Turnover:
£600,000
Net Profit:
Undisclosed

Business Overview:
New Broad Street is delighted to present To Kefi, a well-established, family-run Greek restaurant renowned for its authentic Greek cuisine and exceptional reputation. Operating for 3 years, the restaurant boasts a loyal customer base and consistent footfall due to its prime location in the affluent suburb of Norbiton, Kingston Upon Thames. The sale is prompted by the main owner’s relocation abroad.

To Kefi enjoys a fantastic reputation for offering high-quality breakfasts and lunches, including their specialty coffee which has become a favourite among regulars. Transitioning into the evening, the restaurant provides a superb dining experience, serving dinners perfect for various occasions such as gatherings with friends, romantic dinners, business meetings and group celebrations. The restaurant’s strong brand and prime location ensure a steady stream of customers and revenue.

A recent extension has enhanced the dining space, increasing seating capacity to accommodate up to 65 guests and catering to the growing demand. The restaurant benefits from its strategic location near key amenities and transport links, including Norbiton Station, Kingston Hospital, nearby schools and the upcoming residential and hotel development on Coombe Road taken by a famous Developer from Abu Dhabi. The site can be expanded taking over the ground floor next door creating a much bigger capacity and landlord can agree if there is a good proposal in place (increase estimate +100 if approved).

Key Highlights:
Location:
• Situated in a vibrant market town close to the River Thames, Richmond Park, and Bentall’s Centre

• 2 mins walk from Norbiton train Station with direct connections to London Waterloo

• Nearby amenities including shops, restaurants, cafes, gyms, beauty salons and Kingston Hospital

Growth Opportunities:
• Potential expansion to the existing area, greatly increasing the capacity.

• Expansion due to nearby residential developments. A forthcoming Residential and Hotel development is ideally situated on Coombe Road, directly opposite the restaurant.

• Enhancing delivery services and marketing strategies

• Leveraging the increase in local population from new housing projects

Transition Support: The owner is willing to provide a comprehensive handover to ensure a smooth transition for the new owner.

Financial Profile:
• Turnover: As per the 2023 accounts, the business generated a turnover of approximately £600,000
• Additional financial details will be made available upon request.

For further information and to discuss this exciting business opportunity, please contact Charlotte Arden at New Broad Street.

Property Information

Property:

Leasehold

Lease Terms:

Leasehold