Leasehold Italian Restaurant Located In Sutton Coldfield. Licensed A3 consent. 108 covers and comes fully fitted.
Veritas Business sales offer to the market this outstanding Italian Restaurant which is located in Sutton Coldfield. The premises has been a restaurant since 2005 and has been in careful hands of our clients since 2009. They are now offering the restaurant for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Turnover is £463,439 with a GP of £302,080 (65%) producing a pre tax profit of circa £135,000. The menu offers a fine range of authentic Italian cuisine, to include a la carte, daily specials and on Sundays you have a traditional English roast dinner. All meals are freshly cooked to order using only the finest high quality produce and can be accompanied with some fine wines and enjoyed within the cosy (108) cover restaurant.
We believe that there is further potential to increase revenue should you wish, by extending the current opening times. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.
