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Highly Rated Italian Restaurant In Wickford For Sale

Wickford, Essex, UK
Asking Price:
£99,995
Turnover:
£229,708
Net Profit:
Available on request

CoGoGo are delighted to welcome to the market Tony's, a highly rated Italian restaurant in Wickford, Essex.

The business was established by our clients in 2020, building up an excellent reputation and repeat customer base during its short time of trading.

Tony's is a highly rated Italian restaurant that specialises in authentic Italian Pizza & Street food. They also sell italian groceries. They have a business website with online ordering and online table booking facilities. The split is 90% sit in sales and 10% delivery orders. The business has an excellent reputation for both quality & service and completed a high end fit before opening in 2020.

Key selling points -

Over £50,000 invested to create a unique space not seen in Wickford
No.1 sit down Italian restaurant in the area
Very profitable business model
4.6/5 Google review score
Voted as BEST RESTAURANT by Restaurant Guru in 2022
Handover period offered
Early stages of sales growth
Long lease in place

Scope to improve -

Increase advertising
Increase social media presence
Promote & Increase online/delivery orders
Extend opening hours

Financial Profile

We are advised as per the 2022 accounts, the business generated a turnover in the region of £230,000. Further financials can be made available upon request.

Property Information

Property:

Leasehold

Location:

Tony's is located on High Street, in the heart of Wickford, Essex.

The business has eye catching signage and receives high levels of footfall and passing trade.

Premises Details:

Occupies a corner premises.

Ground floor -

Bar/Customer waiting area
Dining space for 50 covers
Open plan bar & pizza kitchen
Rear dishwashing area & storeroom
Toilet facilities
Staff area

Business Operation

Trading hours:

The current trading hours are -

Monday - Closed
Tuesday – 12:00pm – 3:00pm & 6:00pm – 9:30pm
Wednesday – 12:00pm – 3:00pm & 6:00pm – 9:30pm
Thursday – 12:00pm – 3:00pm & 6:00pm – 9:30pm
Friday – 12:00pm – 3:00pm & 6:00pm – 10:30pm
Saturday – 12:00pm – 3:00pm & 6:00pm – 10:30pm
Sunday - 12:00pm – 3:00pm & 6:00pm – 9:30pm

Employees:
We are advised that the business has 8 members of staff.