For Sale
Highly Rated Brazilian Restaurant in North West London For Sale
Willesden , Greater London
- Asking Price: £69,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £140,000. Full financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07121
Hilton Smythe are delighted to welcome to the market South Brazil Way, a highly rated and well established Brazilian Restuarant in North West London.
South Brazil Way was established by our client in 2017, and has built up an excellent reputation and repeat customer base during their years of trading.
This business opportunity has now come to the open market due to our clients desire to spend more time with family.
South Brazil Way prides itself on the quality of its food.
Key selling points -
- Excellent trading location
- Outstanding online reviews
- A3 license in place
- 38-40 covers
- 1/3 of turnover generated through Just Eat and Uber Eats
- Would suite a partnership or a family ran business
- Creat a website
- Push marketing/advertising
- Open mondays
- Increase trading hours
We are advised that the business is run and managed by our client, with the help of 3 full-time members of staff.
The current trading hours are -
Monday – Closed
Tuesday – 12:00pm – 3:00pm & 6:00pm – 9:00pm
Wednesday – 12:00pm – 3:00pm & 6:00pm – 9:00pm
Thursday – 12:00pm – 3:00pm & 6:00pm – 9:00pm
Friday – 12:00pm – 3:00pm & 6:00pm – 9:00pm
Saturday – 12:00pm – 9:00pm
Sunday – 12:00pm – 8:00pm
South Brazil Way is located on the High Road, in Willesden, London.
The business has eye catching signage and receives high levels of footfall and passing trade.
South Brazil Way occupies a much sought after trading location on the High Road.
Ground floor -
- Modern bespoke decor
- Upon entrance is the service area with seating for 38 – 40
- Open plan kitchen to the rear of the seating area
Tenure
We are advised that this opportunity is being sold on a Leasehold basis. The current lease has just expired, so a new lease will be made available for a new buyer. The rent is £16,000 per annum.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
