Successful Turkish Restaurant and Cocktail Bar based in South East London

London
REF: INT3086

Asking Price:
£160,000
Annual Turnover:
£520,000
Annual Net Profit:
TBC
REF: INT3086
Photo of Successful Turkish Restaurant and Cocktail Bar based in South East London
Photo of Successful Turkish Restaurant and Cocktail Bar based in South East London
Photo of Successful Turkish Restaurant and Cocktail Bar based in South East London
Photo of Successful Turkish Restaurant and Cocktail Bar based in South East London

Overview

Tenure:
Leasehold
Established:
2023
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Well Equipped Business
  • Equipment Included

Nestled in the bustling city of London, this restaurant, take-away, and delivery service offers a delightful taste of Turkish cuisine.

Established as a take-away and transformed into a restaurant, this business presents a prime opportunity for prospective owners seeking to enter the vibrant food industry.

With its chic interior design, the establishment creates an inviting atmosphere that entices patrons to return time and again. Positioned along a bustling high street, the restaurant enjoys the advantage of being close to numerous conveniences such as a theatre and cinema, guaranteeing a constant stream of passers-by. Moreover, being situated opposite local government offices draws in busy professionals seeking a satisfying meal during lunch breaks and after-work socialising.

With an impressive 4.5-star rating on TripAdvisor and a 4.7 out of 5 rating on Google, this restaurant boasts a stellar reputation and is a beloved choice among locals. One review reads, "This is my absolute favourite restaurant. Atmosphere is warm and cosy. The food is fantastic and I enjoyed every single bite of the meal. I love Sigara Borek, highly recommended starter and lamb chops with Turkish rice. Staff are very attentive and friendly. Great place to hang out and can't wait to return."

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.

Under the ownership of a dedicated husband and wife team, this establishment has undergone a remarkable evolution. With a capacity of 30 covers and a team of 5 staff members, including the owners, this business boasts a long lease and an enviable location.

The property also features a spacious basement area, providing potential for expansion or the creation of function rooms, further enhancing its appeal.

Offering a delectable menu of Turkish cuisine, the business caters to local residents and draws in clientele from the surrounding areas.

With its strategic location and diverse range of services, there exists ample potential for growth through targeted marketing initiatives.

While additional staff may not be necessary at present, increased marketing efforts could attract new customers and bolster the business's revenue streams.

Furthermore, maintaining the establishment's reputation for quality and hygiene standards will be crucial for continued success.

Features

Online Presence

Website: www.therealturkish.co.uk

Location

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  • Residential Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£23,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2033
Accommodation Included
No
EPC Rating
TBC

Financial & More

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

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