Business for Sale Overview:
Established in 2002 this restaurant offers diners a superbly authentic selection of Mediterranean cuisine from its stylish location close to the river in South West London. Built on the foundations of the current Owner’s extensive experience working for some of the most prestigious restaurants in London, this business has been providing its loyal customer base with the culinary pleasure that is unique to Mediterranean cuisine.
This business has a hard earned reputation as one of the essential dining experiences in its area. Customers visiting this outlet can be assured of exquisitely appetizing dishes created by an expert chef and served efficiently and courteously. Its menu is an Aladdin's cave of delights for those who enjoy excellent food in colorful, relaxing surroundings. Each dish is carefully prepared, based on traditional recipes and the best ingredients around. Great care has been taken to ensure that the menu is as varied as it is exciting. This business looks to offer something special to meat-eaters and vegetarians alike. The traditional meze features strongly on the menu together with other popular dishes including houmous, tabouleh, falafel, baba ganoush, meat and fish kebabs, feta and ceasar salads etc
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 business operates from excellent, well presented premises, close to the River Thames – a corner position in an established parade of shops including several boutique style independent retail shops, bars and restaurants in a highly populated area of South West London. On a major thoroughfare, the business enjoys high levels of ‘top of mind awareness’ and footfall drawing customers from the very affluent locale. Occupying the Ground Floor only, with a downstairs cellar, the restaurant has an open plan kitchen area, bar and space for 22 covers in total. A further 16 covers can be accommodated ‘al fresco’ during the Summer months. The premises are leasehold with just over 8 years remaining on the lease with an annual rent of £12,500 per annum. Rates are £4,400 per annum.
Market Competition and Expansion:
Due to its relatively unique Mediterranean offering, its excellent location generating high levels of awareness, the business has had little need to invest extensively in marketing or advertising in the past. What marketing it does tends to be limited to leafleting of houses within the local area. The business used the occasional local press advert when it first opened. A high proportion of the business’s revenue, however, is due to its high quality food and customer service resulting in high levels of repeat business and strong word of mouth recommendation, bearing testimony to the excellent reputation it enjoys throughout the area.
Reason for Selling:
The Owner is planning to emigrate.
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.
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