£0 £1000000
£0 £1000000

For Sale

The Tapas Room Limited Group of stylish tapas restaurants

London, Greater London

  • Asking Price: POA
  • Turnover:
    • 2022 turnover IRO £510,000
    • 100% share sale


  • Tenure: Leasehold

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Please quote reference B07050

Established in 2017, The Tapas Room is a group of three Spanish wine and tapas restaurants, based in South London. The Tapas Room brand offers a consistent and highly-rated service across all of its venues, with uniformly positive reviews on Google, OpenTable and Tripadvisor.

Under its current owner, each venue is permitted to experiment and flourish within the brand guidelines, endowing the restaurants with their own unique identity. Specialising in Spanish wine, sherry, vermouth and produce, The Tapas Group won the Decanter Best Spanish Retailer Award (UK) in 2021, and the restaurants have consistently been voted Diners’ Choice on OpenTable. The business also benefits from relationships with high-quality wine and food suppliers, including Moreno Wines, Alliance Wine, Hallgarten Wines, and Amigo foods.

Under its current owner, each venue is permitted to experiment and flourish within the brand guidelines, thereby affording each restaurant its own unique identity. Indeed, one of the business’ key offers is its excellent management and chef teams, and its dedicated marketing manager. The business also benefits from relationships with high-quality wine and food suppliers.

In spite of the recent pandemic-related challenges, all sites are now showing an operating profit. Moreover, there is considerable opportunity for growth: the business’ clean and recognizable branding would be easy to reproduce on a larger scale, and there is already a sixth site due to open in February 2023. The company has also demonstrated a commitment to innovation, having recently developed an app to encourage repeat custom and loyalty.

Highlights - 

  • Outstanding reputation
  • Established customer base
  • Excellent management and chef teams
  • Sound marketing strategy
  • Recognizable and consistent branding
Opportunities -

  • Plans to open a sixth venue in 2023
  • Opportunities to increase online presence
  • Opportunities to expand to further sites and gain a larger market share
Reason for sale -

  • The present owner wishes to spend more time with family.

Experienced team of staff in place for all venues. 

Due to the nature of the businesses, they operate all year round. 

Located in South London.

The Tapas Room restaurants, all of varying sizes, are held on a leasehold basis.

Tenure
Leasehold. 

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