INDUSTRY

Restaurant

BUSINESS SUMMARY

Modern & Stylish Italian Restaurant & Piano Bar Very well sited near well known and wealthy residential areas and commercial centres Ref no: AC074 Confidentially offered for sale Location: Berkshire Asking price £285,000 This popular and busy contemporary Italian restaurant was founded 6 years ago by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a well known and respected enterprise with a reputation for the quality of its excellent, contemporary menu, wine selection, stylish environment and the successful combination of elegant and discreet dining or entertaining with one of the easiest to get to locations and more than adequate parking. The restaurant has a loyal following, in summer diners make the most of its outdoor seating. In winter, it is equally as popular thanks to its excellent menu, quality of food and service. It remains one of the most authentic and romantic Italian restaurants in the region. It is renowned for its fine cuisine and service it is situated in a highly accessible area and has easy access from Ascot, Windsor, Sunningdale and Virginia Water and provides an extensive and modern menu comprising of a variety of fresh fish, the best quality ingredients and unique pasta varieties. The restaurant has enjoyed excellent revenues from catering for parties and other special events such as launches, making full use of its assets, the bar and terrace, with its remarkable views.

	BUSINESS FINANCIALS
Asking Price: £285,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The business has invested significantly and successfully in the establishment of a well known brand and used advertising only sparingly but has used printed promotional material and website and there are excellent opportunities to increase this activity and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its prominent position, excellent reputation for quality and service and strong word of mouth recommendation
	DETAILS ABOUT THE SALE
Support & Training The current owner will provide all necessary training and all relevant contacts to allow continuity of trading. Reason for Selling The vendor has a background of successfully launching bars and restaurants of this type, this is the first divestment made by the vendor since it is now the intention to follow new areas of business interest. Is Management Willing to Stay? No Are You An Intermediary? No