Authentic Mediterranean Restaurant & Delicatessen | Prime Central London Trading Position | Established Since 2014

London
REF: INT3770

Asking Price:
£430,000
Annual Turnover:
£598,000
Annual Net Profit:
£100,000
REF: INT3770
Photo of Authentic Mediterranean Restaurant & Delicatessen | Prime Central London Trading Position | Established Since 2014
Photo of Authentic Mediterranean Restaurant & Delicatessen | Prime Central London Trading Position | Established Since 2014
Photo of Authentic Mediterranean Restaurant & Delicatessen | Prime Central London Trading Position | Established Since 2014
Photo of Authentic Mediterranean Restaurant & Delicatessen | Prime Central London Trading Position | Established Since 2014

Overview

Tenure:
Leasehold
Established:
2023
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Equipment Included
  • Strong Supplier Relationships

Please note: The asking price excludes stock, which will be valued at or immediately prior to completion and payable in addition at Stock at Valuation (SAV)

Established in 2014, this outstanding Mediterranean restaurant and delicatessen presents a rare opportunity to acquire a well-established hospitality business in a prime Central London trading location. Having built an exceptional reputation over more than a decade, the business has become a popular destination for local residents, office professionals, tourists and visitors alike, renowned for its authentic cuisine, welcoming atmosphere and consistently high standards of customer service.

Operating from spacious, modern premises with approximately 80 covers, the business has been thoughtfully fitted out to create an inviting dining environment while benefiting from a fully equipped commercial kitchen and quality fixtures and fittings throughout. Multiple established revenue streams include restaurant dining, takeaway, online delivery, catering services and the retail sale of traditional Mediterranean delicatessen products, providing a diverse and resilient trading model.

The business enjoys an excellent online reputation with thousands of positive customer reviews and a loyal base of repeat customers, whilst continuing to attract new clientele through social media, online ordering platforms and its highly desirable trading location. Offered for sale solely due to the owner's family relocating, this is a genuine turnkey opportunity with a comprehensive handover available and significant potential for further growth

This long-established restaurant specialises in authentic Mediterranean cuisine, offering an extensive menu of freshly prepared dishes alongside takeaway, delivery, catering and delicatessen products. The business is fully equipped and ready for immediate operation, with an experienced team in place and a strong reputation for quality, value and customer service. Its spacious premises, excellent facilities and established customer base provide a solid platform for continued success

The business is operated by an experienced and dedicated team comprising six full-time and two part-time employees, all overseen by the current owner. The owner is actively involved in the day-to-day running of the business, including quality control, customer relations and operational management, and is happy to provide a comprehensive handover to ensure a smooth transition for a new owner. This offers an excellent foundation for continued success while presenting opportunities

The business offers excellent scope for future growth through increased digital marketing, expansion of its established catering and events offering, further development of online ordering and delivery services, and strengthening relationships with surrounding businesses and corporate customers. Continued commercial investment and increasing office occupancy within the local area also provide a strong platform for attracting additional trade and building upon the business's already well-established reputation.

Features

Reputation

  • Google: 4.5
  • TripAdvisor: Excellent

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.greatgrillhouse.co.uk

Location

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  • City Centre Location
  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Limited Competition

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
20
Lease Expiry (Year)
2044
Accommodation Included
No
EPC Rating
B 26-50

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
(Exclusive of Asking Price)
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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