Description
This busy and well established Kebab shop is located on an A Road in SW London. The business operates as a traditional Kebab shop but has capacity to reopen a very popular 60 cover restaurant. The premises is licensed but does not currently sell alcohol. The current owner closed the restaurant when taking over the business to focus on fast food and non-alcoholic drinks. A new owner can be revive the restaurant to create a popular local eatery and generate additional income. The business comes with a 5 bedroom flat. These are rented out to long-term tenants for £3,000 a month and cover rental of the business premises.
Asking Price - £160k
Potential Down Payment - £80k (subject to qualification)
Revenue - £190k
Rent :£2,800 per month
Key Features:
Great location on a busy SW London A Road
Strong customer base
10 years remaining on lease
60 cover restaurant available for revival
Alcohol license available for revival
Opening Hours 3pm-3am
Owner's Profit £100,000+
Owners Hours 50
Property Details: Leasehold (includes a 5 bedroom flat above the premises)
Location: SW London
Reason for Sale: Downsizing ..
Listing Details
- Listing Number: 62394-804491
- Location: Surrey, England
- Price: 80,000
- Down Payment: 0
- Sellers Discretionary Earnings: 100,000
- Category: Restaurants
- Inventory: 2,000
- FF&E: 0
- Employees: 4
- Years Owned: 5
- Reason for Selling: Downsizing
Business Listed By:
- John Sweeney
- Phone: +44 (0) 1372 540 989
- Email: jsweeney@tworlduk.com