AC258-Long Established Portuguese Restaurant and Bar
Business for sale
Asking Price:
£195,000
Turnover:
£500,000
Annual profit:
100k to 149k
Audited accounts:
Yes
Management accounts:
Yes
Business description
This family-run traditional Portuguese restaurant has been a favourite destination venue amongst those who love authentic, a family atmosphere, and the option to watch their favourite football team in a separate local bar environment for the past 10 years. Prior to the current owners, the restaurant was also trading for a further 6 years, with a specific focus on Portuguese and Mediterranean cuisine.The business was built on the basis of being the main fan base venue for a major Portuguese international football team. Whilst this focus has taken a back seat in recent years, it still provides a very stable footing for regular returning clients, and recommendation in the community. The business also caters for the wider local community, and has had regular rave reviews in eating out guides for Greater London.
The licensed premises are well situated in an affluent area, and offer visitors a fine, relaxed and friendly atmosphere in which to dine, creating an marvellous ambience with its warm décor, welcoming and comfortable family feel, supplying all the right ingredients for a superb evening out.
The restaurant has built itself an impeccable reputation for good service, fine wines and
wholesome traditional Portuguese cuisine, utilizing only fresh ingredients and cooked to order on site, creating genuinely excellent fare at reasonable pricing.
Alongside the main food service area, which can easily cater for 80 guests, and accommodate parties for large events such as weddings and birthdays, there is a separate bar area which is accessible from the restaurant and via it own street entrance. This bar provides a friendly area with which to meet friends and enjoy drinks until the early hours.
Employee details
Fulltime staff:
11
Parttime staff:
1
