Popular Argentine Steakhouse in London​

London, London - Central
REF: R07513

Asking Price:
£90,000
Annual Turnover:
£450,000
Annual Net Profit:
TBC
REF: R07513

Overview

Tenure:
Leasehold
Established:
2009
  • Ideal location
  • Live indoor performances
  • Late night license
  • Great website
  • High growth potential

This is a unique opportunity to purchase a very popular Argentine Steakhouse, established in 2009, ideally situated in central London.

 

Serving the highest quality steaks from the Argentinean pampas and licensed to have live indoor performances on the premises, the steakhouse draws in a huge crowd which has resulted in its enviable reputation and superb financial figures year on year.

 

Benefitting from a regular customer base coming from the Olympia Exhibition Centre and a sizeable premises, a new owner could easily continue to run the business profitably and have free reign to grow certain aspects of the restaurant if they wish.

Boasting a corner position, the business is entered from the high street, with customers immediately stepping into the restaurant’s specious and warmly lit seating area. To the far right is a well-stocked bar, and a perfectly equipped kitchen beyond this. The far left accommodates toilets, with an additional bar area downstairs which is currently utilised for storage purposes.​

Along with all fixtures, fittings and specialist cooking equipment, the sale also includes the business’s excellent website which showcases its menus and allows diners to reserve a table online.​

An exciting acquisition for a seasoned restauranteur looking to grow their portfolio or an individual who is simply passionate about high quality steaks, a new owner operator could take steps to grow the business’s exposure and increase overall takings. ​

Partnering with Just Eat and Uber Eats would be a great way to incorporate a delivery service. Refurbishing the downstairs space and adding more seating would allow for more tables and potentially opening earlier for breakfast would attract new customers.​

The current owner is happy to stay on for a transitional period to hand the business over seamlessly. ​

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  • Hammersmith, Central London​
  • ​Heavy passing footfall​
  • ​Complemented by high street shops​
  • ​Corner street location​
  • Close to Olympia Exhibition Centre ​
Rent
£55,000
Rates
£16,000
Lease Term
Open Lease
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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