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Well Established Profitable Italian Restaurant In Manchester For Sale

Boothstown, Greater Manchester, UK
Asking Price:
£180,000
Turnover:
£385,000
Net Profit:
Available on request

Please act quickly to view this business as we have significantly reduced the price to facilitate a quick sale. This opportunity will not be around for long! We present a well-established, profitable Italian restaurant for sale. A licensed, leasehold business that has 5 years remaining on the lease. The Ristorante, established 10 years ago, has developed into a great business over the 10 years of trading. Showing continuous growth and even during lockdown by turning a profit. The business consists of a 70 cover restaurant area with a bar area and outdoor terrace.
Recent investment in the Ristorante allowed for upgrades to kitchen equipment and dining room furniture meaning that the regular customers are well catered for. Further investment created an outside terrace that allows al-fresco dining in the warmer months.
The Ristorante is in an up and coming area in the suburbs of Manchester. A short drive from the motorway and close to the East Lancs road. There is easy access from a busy main road and is presented near a very popular RHS garden bringing in more potential clients. Benefitting from a shared car park there is great access from the main road and the location couldn’t be better. Regular repeat custom from local customers delivers regular income and the location benefits from 2 large ‘chain’ hotels within a short distance, bringing ad-hoc, additional business.
The ristorante presents a great opportunity for growth. Current trading hours are 6 days a week only in the evenings. The profile of the business has further been enhanced with recent exposure on local food influencer Instagram sites. Although still, since the Covid lockdown, operating a takeaway service they do not currently offer delivery – this will be a good way to grow what is already a profitable business. The current owners have made a conscious decision to only do takeaway ensuring they control the quality of the food that leaves the kitchen.
The business represents a great opportunity to acquire a well run Ristorante with a fantastic reputation.
Trading hours: Tuesday to Saturday 17:00 - 22:00
Sunday 15:00 – 21:00