£0 £1000000
£0 £1000000

Reputable Restaurant For Sale

Leighton Buzzard, Bedfordshire

< 1-10 >

Enlarge

For Sale

£74,995 +SAV

Ref: B06459

Leasehold

Overview

Please quote reference B06459

Hilton Smythe welcomes to the market Rustico Italian Bistro. The business was originally established by our clients in 2018. Though our clients have really enjoyed creating and growing their beloved Bistro, they are now looking to sell due to the desire to move back to Italy and be closer to family.

This lovely Bistro offers a range of dishes including artisan breads, pastas, paninis, deserts, a selection of Italian wines and speciality coffees, along with chef specials.

Since establishment our clients have built up an excellent reputation for the quality and dining experience offered. Along with the abundance of online, 5-star reviews across google, TripAdvisor and social media, the business also holds a 5-star hygiene rating.

The restaurant is open for 2 sittings lunch/brunch and dinner, with dinner reservations nearly always fully booked. The business has a fantastic, informative website with an online booking system.

As per 2019 accounts the business generated an advised turnover exceeding £150,000 with a gross profit of 63%. This is a great turnover that could be increased even further by maximising opening hours, pushing advertising.

The property has recently been refurbished and so this would make a great opportunity for a purchaser looking for a walk-in trading opportunity.

** The business also has an alcohol license and can serve till 11:55am **

Reasons to buy

  • Outstanding reputation
  • Excellent location
  • Low overheads with affordable rent
  • Scope to expand/ increase
  • Hand over period offered
  • Newly refurbished with modern décor
  • Turnkey business
The following is included in the sale:

  • Large wooden fitted counter
  • Coffee Machine & grinder
  • Wine fridge
  • Til system with card reader
  • Tables and chairs
  • Wine storage display
  • Dishwasher
  • Commercial fridge
  • Freezer
  • Commercial oven with extraction system
  • Storage racking
  • Stainless steel work benches
  • Bespoke lighting and wall art
Early viewings/discussions come highly recommended to avoid disappointment.

Turnover
We are advised the business generated a turnover of circa £150,000 as of 2019, further financial information can be made available upon request.

Please quote reference B06459

The business is run and managed by our clients and 1 par time staff member.

The business trading hours are as followed:

Monday - Closed

Tuesday - 18:00pm - 22:00pm

Wednesday to Saturday - 11:00am - 15:00pm then 18:00pm - 23:30pm

Sunday - Closed

The business is situated in the heart of Leighton Buzzard, providing ample footfall and commuting custom.

Leighton Buzzard has excellent transport links and is close to Luton and within easy access to the M25 and the M1. There are several car parks close by.

The Bistro if immaculately presented inside and out, with excellent eye-catching signage.

Upon entrance is the seating area with bespoke, modern décor.

To the rear of the service area is the fully fitted commercial kitchen, with easy clean flooring and wall coverings.

Customer WCs.

Tenure
We are advised the business is being sold on a Leasehold basis. A new lease will be negotiated with the landlord, the rent is £700 per month.

Similar Businesses For Sale

2

Well established Thai takeaway for sale

Reading, Berkshire

£89,995 +SAV

Discover Business

7

Highly rated Indian Restaurant for sale

Mansfield, Nottinghamshire

£75,000 +SAV

Discover Business

18

Reputable Restaurant For Sale

Sevenoaks, Kent

£280,000 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Rebecca Oliver

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £74,995 +SAV

    6%
    £29,998
    £44,997
    5 years
    £0

    60 monthly payments of

    £0

    Apply Now

    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.

    Popular business searches in the UK