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Reputable Restaurant For Sale

Leighton Buzzard, Bedfordshire, UK
Asking Price:
£64,995
Turnover:
£152,965
Net Profit:
Available on request

Business
Please quote reference B06459

Hilton Smythe welcomes to the market Rustico Italian Bistro. The business was originally established by our clients in 2018. Though our clients have really enjoyed creating and growing their beloved Bistro, they are now looking to sell due to the desire to move back to Italy and be closer to family.

This lovely Bistro offers a range of dishes including artisan breads, pastas, paninis, deserts, a selection of Italian wines and speciality coffees, along with chef specials.

Since establishment our clients have built up an excellent reputation for the quality and dining experience offered. Along with the abundance of online, 5-star reviews across google, TripAdvisor and social media, the business also holds a 5-star hygiene rating.

The restaurant is open for 2 sittings lunch/brunch and dinner, with dinner reservations nearly always fully booked. The business has a fantastic, informative website with an online booking system.

As per 2019 accounts the business generated an advised turnover exceeding £150,000 with a gross profit of 63%. This is a great turnover that could be increased even further by maximising opening hours, pushing advertising.

The property has recently been refurbished and so this would make a great opportunity for a purchaser looking for a walk-in trading opportunity.

** The business also has an alcohol license and can serve till 11:55am **

Reasons to buy

Outstanding reputation
Excellent location
Low overheads with affordable rent
Scope to expand/ increase
Hand over period offered
Newly refurbished with modern décor
Turnkey business

The following is included in the sale:
Large wooden fitted counter
Coffee Machine & grinder
Wine fridge
Til system with card reader
Tables and chairs
Wine storage display
Dishwasher
Commercial fridge
Freezer
Commercial oven with extraction system
Storage racking
Stainless steel work benches
Bespoke lighting and wall art

Early viewings/discussions come highly recommended to avoid disappointment.

Location
The business is situated in the heart of Leighton Buzzard, providing ample footfall and commuting custom.

Leighton Buzzard has excellent transport links and is close to Luton and within easy access to the M25 and the M1. There are several car parks close by.

Premises
The Bistro if immaculately presented inside and out, with excellent eye-catching signage.

Upon entrance is the seating area with bespoke, modern décor.

To the rear of the service area is the fully fitted commercial kitchen, with easy clean flooring and wall coverings.

Customer WCs.

Tenure
We are advised the business is being sold on a Leasehold basis. A new lease will be negotiated with the landlord, the rent is £700 per month.

Hours
The business trading hours are as followed:
Monday - Closed

Tuesday - 18:00pm - 22:00pm

Wednesday to Saturday - 11:00am - 15:00pm then 18:00pm - 23:30pm

Sunday - Closed

Staff
The business is run and managed by our clients and 1 par time staff member.

Financial Profile
We are advised the business generated a turnover of circa £150,000 as of 2019, further financial information can be made available upon request.

Please quote reference B06459

Property Information

Property:

Leasehold

Contact Hilton Smythe

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