Business for Sale Overview:
This lively Italian restaurant has been a favorite destination venue amongst those who love authentic Italian cuisine for the past 18 years.
The licensed premises are well situated in an affluent area, and offer visitors a fine, relaxed and friendly atmosphere in which to dine, creating an atmosphere of ambiance and is warm, welcoming and comfortable, all the right ingredients for a superb night out.
The restaurant has built itself an impeccable reputation for good service, fine wines and wholesome traditional Italian cuisine, utilizing only fresh ingredients and cooked to order on site, creating genuinely excellent fare at unrivaled value for money.
From first glimpse at the extensive menu and wine list, it is evident that the regular clients are passionate lovers of fine food and wine. Clients are greeted by charismatic and relaxed waiting staff who make dining at this special culinary very memorable.
Ideally situated and close to all transport amenities, the restaurant?s comfortable furnishings provide unrivaled dining pleasure for the connoisseur.
The restaurant?s modern kitchen enables the provision of consistently excellent quality food at competitive prices in comfortable surroundings and has approximately 45 covers serving two sittings.
The restaurant has established an excellent amount of goodwill over the years amongst its customers, the majority of who are successful business people and affluent professionals.
This business offers the purchaser a quality, proven opportunity in an absolutely superb location, making early viewing essential.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business operates from leasehold premises with fourteen years remaining on the existing lease. Annual rent is charged at ?26,000 with rates charged additionally at ?3,400.
The restaurant is centrally located in Folkestone, has a fully fitted kitchen and bar area.
Above the restaurant are two flats, one with two bedrooms, lounge, kitchen and bathroom. The second floor has a self-contained one bedroom flat, both rented out, and providing ?7,000 per annum.
Market Competition and Expansion:
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, combined with some local advertising.
Reason for Selling:
owner is going to emigrate back to Italy
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.