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Popular & Well-Equipped Italian Restaurant In Central London For Sale

Central London, London, UK
Asking Price:
£250,000
Turnover:
Available on request
Net Profit:
Available on request

This is a unique opportunity to acquire a popular Italian restaurant in the heart of London, located just south of the river Thames. The business was initially a start-up business, with the aim to raise the popularity of traditional Italian recipes.

First established in 2019, the present owner has seen the business grow considerably, whilst also gaining a brilliant reputation in the local community for its authentic Italian cuisine. They have amassed a large, repeat customer base, which consists of locals, regulars, tourists, families, and students.

This popular restaurant offers a wide range of Italian meals, but specialises in a vast range of fresh pasta dishes. Described as a fast-casual restaurant, they provide quick service with the use of high-quality, fresh ingredients.

The company currently works with several takeaway providers, such as Deliveroo, JustEat, UberEats, and Hungry Panda, so customers can choose to eat from the comfort of their own homes. Currently, turnover is split 50/50 between customers opting to dine-in at the restaurant or have their meals delivered. The business presently takes 80 online orders a day, although this figure is only set to grow.

The friendly, professional team currently comprises five members of staff, including a store manager, a production manager, and three part-time workers. Due to the highly knowledgeable team, there should be an easy transition for the new owner, with all employees having forged excellent customer relationships.

This restaurant has a 5-star hygiene rating and an alcohol licence, as well as a terrace licence, so they can keep tables outside. The business has huge potential for growth, as there is the capacity to bring in £2,000 per day, which could see the business achieve an annual turnover of over £500,000. This brilliant restaurant would be the perfect opportunity for someone with previous catering experience.

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