Authentic Italian Restaurant in Hamilton, South Lanarkshire

Hamilton, Glasgow
REF: R06479

Asking Price:
£69,990
Annual Turnover:
£104,191
Annual Net Profit:
£9,643
REF: R06479

Overview

Tenure:
Leasehold
Established:
2014
  • Restaurant fully refurbished to impeccable standard
  • Full alcohol & delivery licence
  • Outstanding high street and online reputation
  • High footfall and passing trade
  • Epos till and camera system

The business for sale is an established Italian restaurant, serving the local community with fine Italian and Mediterranean dishes, including a wide range of Pasta, Pizza and Focaccia.

The restaurant also holds a full alcohol and delivery licence which benefits the turnover greatly. Established in 2014, this young business has garnered an exceptional reputation – both instore and online – and has undergone £70,000 worth of refurbishment.

The business is now for sale on a leasehold basis.

The restaurant operates from warm, inviting premises which has recently undergone £70,000 worth of refurbishment. As customers enter the stylish premises, they are greeted to a large dining area, including 2 booth tables.

The dining area accommodates 30 covers. Neighbouring this area is a large counter, where alcohol is served, and other transactions are made. Further along the floor is a large opening to the rear exposing the kitchen area.

Appealing to a current takeaway or restaurant owner specialising in Italian cuisine, the business is extremely expandable if taken on by a committed and driven buyer.

Implementing an effective and thorough marketing campaign would be highly beneficial in bringing in new customers. This could be done by in-print leaflet drops in the local area, as well as setting up an online website and multiple social media platforms through which the business’s new dishes or special offers could be promoted. Expanding the vicinity in which the business delivers would also be effective in increasing profit.

At an extremely affordable price, this business offers an equipped premises and huge growth potential for the right buyer.

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  • Situated on a main street
  • High footfall
  • Free parking nearby
  • Close to local businesses
  • Minimal competition
Rent
£14,400
Rates
£2,746
Lease Term
25
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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