£LinxBiz
Financials verifiedRef BM-10005

Fine Dining Restaurant, Prime Mayfair Position

Restaurants · London · Leasehold

Fine Dining Restaurant, Prime Mayfair Position — main photo
Fine Dining Restaurant, Prime Mayfair Position — photo 2Fine Dining Restaurant, Prime Mayfair Position — photo 3

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