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Fully Fitted, Profitable Restaurant In Forest Hill Se London For Sale

London, UK
Asking Price:
£140,000
Turnover:
£316,000
Net Profit:
Available on request

Overview:
Name: Tru Restaurant

Business Type: Restaurant and Bar

Location: Forest Hill, SE London

Turnover: £158,000 – Last 6 months

Price: £140,000 (Reduced from £150,000)

Premises Highlights:
Fully Fitted: Modern equipment and furnishings meticulously maintained.

Prime Location: Strategically positioned near Forest Hill Train Station.

Capacity: 50 customers inside, 12 outside, featuring a licensed bar, restaurant, and inviting outdoor seating.

Growth Potential:
Turnkey Business: Ready for future success with minimal effort.

Delivery Platforms: Untapped potential – leverage platforms like Deliveroo and Uber Eats.

Extended Hours: Explore morning and afternoon services to capture additional clientele.

What Sets Tru Apart:
Quality & Creativity: Unique modern twist on Vietnamese cuisine, using authentic flavours and fresh ingredients.

Stylish Ambiance: Tastefully decorated interiors, seating for 50 guests, and a well-stocked bar.

Exceptional Dining: Outstanding service, friendly atmosphere, and a menu evolving with the seasons.

Business Strengths:
Strong Sales: Highly profitable with a turnover of £158,000 in the last 6 months.

Financials:
Lease: New 20-year lease signed on 25th May 2023, with an annual rent of only £22,500 + VAT.

Rent Review: Next review in 2028.

Service Charge: £2,000 P/A

Business Rates: £3,750 P/A

Potential for Growth:
Delivery Platforms: Expand your reach and tap into a broader customer base.

Extended Hours: Capitalize on current opening hours: Tuesday - Friday 16:00 - 22:30, Saturday & Sunday - 12:00 - 15:00 & 17:00 - 22:30.
Morning & Afternoon Services: Capture the lunch and early dinner markets.

Don't miss out on the opportunity to own and grow a thriving restaurant in a prime location. Tru Restaurant & Bar is poised for success – a true gem in Forest Hill, SE London. Act fast to secure this turnkey business and elevate it to new heights!

Property Information

Property:

Leasehold

Lease Terms:

Leasehold