Financials verifiedRef BM-10005
Fine Dining Restaurant, Prime Mayfair Position
Restaurants · London · Leasehold
Financial highlights
- Turnover (annual)
- £2,100,000
- Net profit (annual)
- £265,000
- EBITDA
- £310,000
About this business
A prestigious 55-cover fine dining restaurant trading from a prime Mayfair address, offered for sale for the first time in eleven years.
The restaurant has built an enviable reputation for modern European cuisine, holding three consecutive years of top-tier guide recognition and a formidable corporate client list. Lunch and dinner services run at near capacity Thursday through Saturday, with private dining (14 covers) adding high-margin events revenue.
Key highlights:
• Turnover £2.1M; EBITDA £310,000 after market-rate management salaries
• Premium lease: 16 years remaining, current rent £120,000 p.a. against a rateable value that compares favourably for the postcode
• Head chef and front-of-house director both open to continued employment
• 6,500-name reservations database; 71% of covers are repeat or referred
• Fully fitted to an exceptional standard — £450,000 invested in 2022 refurbishment
Offered with goodwill, fixtures and fittings. Confidential sale — staff are unaware; viewings as a customer in the first instance, please.
Business details
- Tenure
- Leasehold
- Lease remaining
- 16 years
- Rent (annual)
- £120,000
- Staff
- 24
- Established
- 2014
- Reason for sale
- Owner emigrating
- Area
- W1