Business for Sale Overview:
This popular and busy contemporary Italian restaurant was founded 6 years ago by the Vendor with a generous combination of innovative insight and entrepreneurial spirit. It has grown since to become a well known and respected enterprise with a reputation for the quality of its excellent, contemporary menu, wine selection, stylish environment. The successful combination of elegant and discreet dining or entertaining along with one of the easiest to get to locations with more than adequate parking has created a loyal following. In summer, diners make the most of its outdoor seating. In winter, it is equally as popular thanks to its excellent menu, quality of food and service. It remains one of the most authentic and romantic Italian restaurants in the region. It is renowned for its fine cuisine and service. It is situated in a highly accessible area and has easy access from Ascot, Windsor, Sunningdale and Virginia Water. It provides an extensive and modern menu comprising of a variety of fresh fish, the best quality ingredients and unique pasta varieties.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The welcoming, comfortable and contemporary restaurant and piano bar currently occupies approximately 4,000 square feet in total with the restaurant occupying approximately 2,500 square feet, the bar area approximately 400 square feet and the kitchen and staff areas occupying the rest of the area. The restaurant has the benefit of significant main road frontage, which has recently had the addition of a covered, decked area for outside restaurant seating to accommodate approx 100 covers. There is visible signage and a discrete parking area foir customers giving easy and inviting entry to this stylish and successful restaurant & bar.
5 years remain on a lease with rent payable at £41,000 per annum and rates payable of £5,800 per annum. Included in the premises is a first floor apartment of circa 2,000 square feet with 3x double rooms and 1x single and benefits from a full kitchen and toilet & bathroom facilities.
Market Competition and Expansion:
The business has invested significantly and successfully in the establishment of a well known brand and used advertising only sparingly but has used printed promotional material and website and there are excellent opportunities to increase this activity and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its prominent position, excellent reputation for quality and service and strong word of mouth recommendation
Reason for Selling:
The vendor has a background of successfully launch.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.