Completed sale
Braziliana Caf Food & Drink Business Sold to French House | Deal Summary
Knightsbridge business sales are pleased to confirm the sale of Braziliana Cafe in Crystal Palace, London.
Established in 2009, the fully licensed bistro cafe offers hot and cold food and drink, specialising in fresh Brazilian cuisine. The business has an excellent reputation with its regular customers and because of its location benefits from a lot of walk in trade. The premises are licensed for alcohol and there is potential to open later in the evenings.
Situated in the popular town of Crystal Palace, the business occupies a prominent position on the High Street with other independent businesses surrounding it. There are excellent transport links into London and the surrounding areas and the A205 South Circular is close-by with links into Central London.
With a weekly turnover of £3,500, the business generated a lot of interest since arriving on the market, receiving no less than 12 viewings and multiple offers.
The eventual buyers, French House, are planning to rebrand the business as part of their branding and expansion plans. The incoming trade business has announced that they will be retaining the staff as part of their development plans.