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Buying a Restaurant or Bistro with Hilton Smythe

Running a first-rate restaurant or a trendy bistro is a dream of many.

Whether you’re an aspiring Michelin chef or have traditional family recipes, the hospitality sector is a great place to invest. It’s hard to go wrong if you have five star service and serve the finest food. Find out more about buying a restaurant with Hilton Smythe.

Food for thought

Due to increased busy lifestyles and consumer trends, eating out is now a regular occurrence. We’re visiting restaurants more often and customers are willing to spend more for high quality food. There is now a huge range of restaurants and food establishments to choose from in each town. Each serving a variety of cuisine including Italian, Mexican, Chinese, Thai, Indian and French. That’s not to mention the growing trends of vegan restaurants and health food.

The British restaurant industry has experienced a recent boom, resulting in an increase in the number of enterprises in the sector. The restaurant industry brought in £32.3 billion in revenue in 2016, while consumer spending hit £74.1 billion. Experienced restaurateurs can make a good profit if they focus on quality and niche markets.

Running an independent restaurant

Casual dining is somewhat dominated by chain restaurants. The rise of the gastro pub can also be serious competition for independents. However, buying a restaurant property in the right location will help you build a stellar reputation.

Whether you’re a chef yourself with entrepreneurial dreams, it’s time to make the dream a reality. With the help of online reviews and word of mouth recommendations, it’s possible to create regular customers. You can become the most fashionable place to eat in a 10 mile radius. Create a delicious and exciting menu, and let the food speak for itself.

Financing your bistro

Don’t have enough cash to buy a business? Don’t worry, few buyers do, and at Hilton Smythe we believe that’s not a good enough reason to stop you from achieving your dreams. Most people have to approach a lender in order to buy their ideal business, but it can be quite difficult to be approved for a commercial loan without specialist expertise.

Hilton Smythe Financial Services is a team of dedicated commercial finance experts, here to help anyone interested in raising finance for buying a business. Whether you’re a first time buyer or a successful owner of multiple business, we can simplify the entire process. We’ll help you create a killer business plan and take care of loan applications on your behalf.

Get in touch for more details about our Financial Services – it’s all part of the ultimate package offered by the UK’s number one broker. Take a look at the current opportunities and see whether your dream restaurant is waiting for you.

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