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Thriving Italian Café and Restaurant Based in Surbiton.

Thriving Italian Café and Restaurant Based in Surbiton.

Surbiton

REF: INT3068

Asking Price:
£150,000

Annual Turnover:
£520,000

Annual Net Profit:
TBC

REF: INT3068

Photo of Thriving Italian Café and Restaurant Based in Surbiton.

Overview

Tenure:
Leasehold

Established:
2017

Excellent Reputation
Friendly & Professional Team
Very Loyal Customer Base
Well Equipped Business

Explore an exceptional opportunity to acquire a thriving Italian café and restaurant situated in the vibrant town of Surbiton. This esteemed establishment has garnered a strong reputation for its delightful cuisine, and welcoming atmosphere

Established in 2017 as a sister establishment to the original restaurant in Twickenham, this restaurant features an authentic Italian menu offering a unique dining experience.

The restaurant's exceptional quality pizzas have garnered praise from both locals and visitors, earning it a reputation for outstanding service, value for money, and consistently fantastic food. Its stellar reviews, including a current ranking of no. 5 out of 78 restaurants in the Surbiton area and 5 star ranking on TripAdvisor, attest to its popularity and success.

The restaurant enjoys steady foot traffic and a devoted local clientele. Situated southwest of central London, Surbiton benefits from excellent transport links, including frequent train services to London Waterloo. This business has a prime spot on a bustling high street ensuring high visibility and accessibility. With 40 covers, a party room for 20 guests, and delivery services, it caters to various dining preferences.

This opportunity is ideal for buyers within the food and drink industry or those seeking a turnkey business with a well-established presence in the market.

With a staff of 6, including 3 kitchen staff, 2 pizza chefs and a waitress, the owners oversee higher-level management responsibilities, though they are physically present only one day per week.

Housed in a three-storey brick-built Victorian building, the establishment boasts an impressive exterior. The property is meticulously maintained and regularly updated. The restaurant occupies the ground floor, featuring 40 covers and a bar area, along with restroom facilities. The basement level provides space for 15 covers, a kitchen, and a storage room.

The premises span approximately 1,108 square feet in total, with the ground floor covering 589 square feet and the basement 525 square feet. The interior is impeccably maintained, showcasing wooden flooring, a tiled serving counter/bar, and appealing decorative elements and lighting throughout.

Lease: Until Dec 2032.
Rent: £22,000 pax subject to 5 yearly review.
Next Rent Review: Dec 2027

The sale of the business includes all equipment.

Refreshing the website and implementing a coordinated content strategy across web, mobile, and social media platforms would greatly benefit the business. The business has a Facebook account but a targeted marketing campaign that combines traditional and digital methods would further enhance the company's reach and impact.

There is the opportunity to extend operational times and to open on Mondays.