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Italian Restaurant In Busy Seaside Town In West Sussex For Sale

West Sussex, UK
Asking Price:
£150,000
Turnover:
£170,000
Net Profit:
Available on request

We are please to be able to offer this authentic Italian restaurant located in a busy West Sussex sea-side town to the market.

The business has been established for 21 years and had enjoyed a consistent level or turnover which demonstrates its popularity with both locals and tourists who visit on a regular basis.

The restaurant has seating for 44-50 covers and is only open Monday to Saturday evenings.

We feel that there is a huge opportunity here for someone to grow this business by offering lunches during the week and opening Sundays as well as potentially adding a delivery service to increase turnover.

Quote taken from a recent TripAdvisor review - 'Wow I can not fault this restaurant anywhere. The food is amazing, can certainly taste its home cooked and good quality, and much value for money. The service we received from the main lady to the young lad behind the bar was fantastic, we will certainly return again'

The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

Business Partnership would ask you to make contact with us at your earliest convenience to arrange a viewing of this great business.

Key features:
- Authentic Italian Restaurant
- Excellent Location
- Long Established Business
- Year on Year Consistent Level of Turnover
- Loyal Customer Base
- Excellent Goolge & TripAdvisor Reviews
- 5 Star Food Hygiene Rating
- 2 Bed Flat included in Lease

Property Information

Property:

Leasehold

Lease Terms:

A new lease was signed in 2017 for 15 years with a rent payable of £18,000 per annum, this includes a two bedroom flat.

Business Operation

Reasons for selling:

Our client wishes to retire.

Years established:
21