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Well Established Italian Restaurant For Sale

Flintshire, UK
Asking Price:
£29,950
Turnover:
£47,000
Net Profit:
Available on request

Hilton Smythe welcomes to the market Belvedere restaurant. The business was established by our client in 1987 and prides itself on offering delicious Italian cuisine in lovely, relaxed authentic surroundings. The restaurant is only now coming to the market as the owner looks towards a well-earned retirement.

The business offers a popular menu as well as a la carte meals and daily specials. The business has an outstanding reputation not only locally, but also further afield, with many of the 5-star trip advisor reviews being from customers out of the area.

The sale of the business -

Kitchen equipment
Grill
Commercial cooker
Freezer
Fridge
Crockery
Stainless steel benches
Mixer
Bar equipment
Wine fridge
Till
Traditional tables and chairs

There is ample scope to increase, such as extending the opening hours, offering a local delivery service. Though the restaurant has organically received 5 start ratings on google and trip advisor, the business has never embarked on any online advertising.

The restaurant has 28 covers, with a fully fitted bar and commercial kitchen. There is also potential to use the 1st floor as living accommodation should the purchaser desire.

Reasons to buy:
Extremely well established business with an enviable reputation and many existing repeat customers
Beautifully presented creating the ultimate dining experience
Ideal owner managed, family ran or partnership business
All fixtures and fittings included making this a real Turnkey business opportunity
Current owner would be happy to offer a handover to ensure the continued success
Little or no competition locally
Masses of residential building locally which will drive more footfall to the business.

Hilton Smythe highly advise early viewing to avoid disappointment.

Financial Profile

We are advised as per the 2020 accounts, the business generated a turnover in the region of £47,000. Full financials can be made available upon further request.

Property Information

Property:

Leasehold

Location:

The business is situated in the historical town of Mold in Flintshire, this lovely welsh town lies on the River Alyn and originally developed around Mold Castle.

The restaurant occupies a fantastic trading position on one of the main retail streets in this very busy modern shopping town centre. Benefiting from car parking in the proximity and surrounded by a plethora of complementary businesses ensuring heavy footfall in the area throughout the day.

Although Mold no longer has a railway station the town still has excellent public transport links with the nearest station being at Buckley, and regular bus services run throughout the day to Chester and Wrexham and to surrounding towns including Denbigh, Holywell and Ruthin.

Premises Details:

The restaurant is in a large 2 storey terrace, with excellent eye-catching signage.

Upon entrance is the main seating area with access behind the bar area to the kitchen.
The kitchen is fully equipped to suit the trade with non-slip flooring, tiled walls and stainless-steel washing area.

To the rear of the kitchen there is a storage area and separate WC. External access to the rear, where the bins are stored.

The 1st floor is currently unused consisting of 3 spacey rooms, this could be used as living accommodation with minor cosmetic work.

Business Operation

Trading hours:

The business hours are -

Monday – Closed
Tuesday - Closed
Wednesday – 5:00pm – 10:00pm
Thursday – 5:00pm – 10:00pm
Friday – 5:00pm – 10:00pm
Saturday – 5:00pm – 10:00pm
Sunday - Closed

Employees:
We are advised that the business has 1 full-time and 1 part-time staff members.