Well Established Italian Restaurant for sale
- Asking Price: £29,950 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £47,000. Full financials can be made available upon further request.
Please quote reference B06178
- Tenure: Leasehold
Please quote reference B06178
Hilton Smythe welcomes to the market an Italian restaurant . The business was established by our client in 1987 and prides itself on offering delicious Italian cuisine in lovely, relaxed authentic surroundings. The restaurant is only now coming to the market as the owner looks towards a well-earned retirement.
The business offers a popular menu as well as a la carte meals and daily specials. The business has an outstanding reputation not only locally, but also further afield, with many of the 5-star trip advisor reviews being from customers out of the area.
The sale of the business -
- Kitchen equipment
- Commercial cooker
- Stainless steel benches
- Bar equipment
- Wine fridge
- Traditional tables and chairs
The restaurant has 28 covers, with a fully fitted bar and commercial kitchen. There is also potential to use the 1st floor as living accommodation should the purchaser desire.
Reasons to buy:
- Extremely well established business with an enviable reputation and many existing repeat customers
- Beautifully presented creating the ultimate dining experience
- Ideal owner managed, family ran or partnership business
- All fixtures and fittings included making this a real Turnkey business opportunity
- Current owner would be happy to offer a handover to ensure the continued success
- Little or no competition locally
- Masses of residential building locally which will drive more footfall to the business.
We are advised that the business has 1 full-time and 1 part-time staff members.
The business hours are -
Monday – Closed
Tuesday - Closed
Wednesday – 5:00pm – 10:00pm
Thursday – 5:00pm – 10:00pm
Friday – 5:00pm – 10:00pm
Saturday – 5:00pm – 10:00pm
Sunday - Closed
The business is situated in Mold in Flintshire.
The restaurant occupies a fantastic trading position on one of the main retail streets in this very busy modern shopping town centre. Benefiting from car parking in the proximity and surrounded by a plethora of complementary businesses ensuring heavy footfall in the area throughout the day.
The restaurant is in a large 2 storey terrace, with excellent eye-catching signage.
Upon entrance is the main seating area with access behind the bar area to the kitchen.
The kitchen is fully equipped to suit the trade with non-slip flooring, tiled walls and stainless-steel washing area.
To the rear of the kitchen there is a storage area and separate WC. External access to the rear, where the bins are stored.
The 1st floor is currently unused consisting of 3 spacey rooms, this could be used as living accommodation with minor cosmetic work.
We are advised that the business is being sold on a Leasehold basis, with a lease to be negotiated with the sellers. The rent is £1,200 per month and has £0 rates payable.