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Famous Licensed Greek Restaurant For Sale

North London, London, UK
Asking Price:
£200,000
Turnover:
£468,000
Net Profit:
Undisclosed

Established 1985

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 975 ft² WITH SHUTTERS, tiled floor, wall lights, Air conditioning with hot air, Bar, 2 fridges, EPOS till. Tables and chairs providing seating for 56 people, CCTV system (6 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, Cooker (Gas 6-burner), fridges, freezers, 2 x microwave, potato chipper and peeler, stainless steel preparation table, deep fryer (2 pan), bain marie, salamander grill.

Walk-in coldroom.

Walk-in freezer.

Ladies' & gentlemen's toilets with w.c. and wash hand basin.

LOCATION: Situated in a parade, excellent High Street trading position, residential, office and commercial area, North London

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £8,000 - £10,000 p.w. with a Gross profit of 65% approx. (10% online sales)

STAFFING: The business is at present operated by the vendor with 1 full time & 2 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold