Business For Sale

Stunning Authentic Italian RestaurantProminent Town Centre location


Ref: AC362
Location: Suffolk, England
Asking Price: £90,000
Annual Turnover: £190,000

Annual Net Profit: £42,000
Gross Profit: £0
EBITDA: Not Set
Premises Type: Leasehold

Business Description

Business Profile

This business has operated as an authentic Southern Italian restaurant on this very prominent, high street location for 3 years and was purchased by the vendor with the intention of creating a vibrant, addition to this town in the heart of Suffolk, serving a delicious range of Southern Italian dishes which have received excellent reviews.

The Italian owner carried out a stunning refurbishment of the premises to transform the building into a delightful and unique restaurant.

Since refurbishment of this period building to a high spec kitchen and chic dining area décor, the restaurant has been busy since day one and has proved to be extremely popular with local residents who enjoy the atmosphere and high quality food on offer.

The menu is made up of traditional Italian dishes, including a very popular range of pizza, pasta, meat and fish dishes with a varied selection of starters and side dishes. The restaurant is fully licensed.

The owner has produced a truly amazing drinks menu with a phenomenal range of handcrafted gins, as well as other spirits, wines and beers.

The business does not rely upon seasonal custom but rather, takes advantage of this discrete town’s busy commercial and residential population, which has led to consistent non-seasonal trading.

Due to its desirable setting the restaurant enjoys high levels of awareness and footfall. The unique atmosphere results in high levels of repeat business and strong word of mouth recommendation, bearing testimony to the excellent reputation its dining experience throughout the area.

The premises has 38 covers indoors situated on the ground floor. The kitchen is fully fitted with a pizza oven. There is a suitable storage area, prep room, and dry store. Rent is approximately £19,800 per annum.

There is currently 1 full-time chef, 2 front of house, together with a part-time dish-washer during busier periods.

Key Strengths:

• Location
• Well known in the area with excellent reviews
• Popular menu
• Modern high spec kitchen facilities
• 10 years left on lease
• Friendly and amenable landlord
• Profitable
• Great expansion opportunities

Key Opportunities:

This is very much a “more of the same” opportunity at its heart, though the opportunity remains to open the restaurant on the remaining days of the week, holiday periods and to introduce an outside catering offering.

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Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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