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Popular Italian Tapas Bar In Bromley For Sale

Bromley, London
Asking Price:
£49,950
Turnover:
£110,704
Net Profit:
Available on request

Business
Hilton Smythe are proud to present to the market Bellenies Osteria.

The well-known business was established by our clients and have they have continued to run the business since, but have now, reluctantly, decided to sell due to wanting to move abroad. Our clients also believe the right new owner could take this business to the next level and help it reach its full potential. Authentic Italian tapas bar offer petite plates of delicious regional Italian food, live music events and charity events. The business also holds an A1 licence.

The business is completed with its own commercial website ---.--------------.--- and this is updated regularly with new additions to the menu which changes monthly to keep up with the change in seasons. They also cater and host events in the tapas bar, there are also reviews about their highly rated food from famous faces including Brad Pitt and Gary Rhodes, who is a celebrity chef. Bellenie’s Osteria is also complete with their own Facebook and Twitter pages which is extremely beneficial for customers that use social media instead of surfing the internet this also updated daily.

According to the 2016 accounts, Bellenies Osteria is currently turning over a figure in the region of £110,000 and has a gross profit circa of 61%. Although we think this is a brilliant turnover we also believe there is scope to improve the businesses turnover and help it reach its full potential. We believe this can be achieved by extending the outside catering service that the business already offers to local residents and businesses and refurbish the courtyard to offer alfresco dining for the warmer months. They are open 6 /7 days a week and also open mornings.

We feel an early viewing on this thriving business would be high beneficial and would avoid disappointment.

Location
Bellenies Osteria is located in the town of Bromley, London. The Italian tapas bar is situated on a busy retail parade with successful businesses surrounding the popular Italia tapas bar including a nail salon, boots opticians and a florist.

Bromley is a large suburban town in London Borough of Bromley, Greater London. Bromley has been a market town since 1158 and according to the 2011 census is home to 71,983 people.

The area is served by a public transport system with several bus stops within walking distances Hayes Railway, which is the local train station, is on the same retail parade as the tapas bar and takes customers direct to London.

Premises
The business premise is a single fronted property which is beautifully decorated.

Ground Floor
The walk in premise has a bar area to the front of the property with seating for customers. The kitchen is up a set of small moveable stairs and is fully equipped.

Basement Floor
The beautifully designed basement dining room is small but full of character it currently has 18 covers; the area has exposed brickwork which brings a modern feeling to the room. There is a wall sized picture of a cellar on the right hand side wall which really ties in the modern interior. Little details around the dining room makes the dining area more welcoming.

Equipment included in the sale:
Coffee Machine
2x Glass Fridges
Meat Slicer
Deli Style Counter Chiller
Wine Racks
8 Stools and 2 Benches
U Shaped Table
A/C Unit
2X Display Wine Racks

Tenure
We are advised that the business is Leasehold.
The original lease length is 9 years and has 4 years remaining.
Rent £10,500 plus VAT per annum.

Hours
The business is open from:
Monday: Closed
Tuesday – Saturday: 12:00pm – 11:00pm
Sunday: Closed

Staff
The business is currently run by the owner, who is also the main chef, 1 full time and various part time members of staff.

Financial Profile
According to the 2016 accounts, the business is currently turning over a figure in the region of £110,000 and has a gross profit circa of 61%

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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