Lupita up for sale for £1.8m
London-based Mexican restaurant chain Lupita is on the market for £1.8m with business property adviser Christie & Co.
The chain, owned by Calita Limited, consists of three sites located on Villiers Street next to Charing Cross, Commercial Street in the City and Kensington High Street with a fourth site in the pipeline at Battersea.
Lupita was recognised as the best Mexican restaurant by restaurant review website Zagat in 2016. Typical dishes at include tacos, tostadas, quesidillas and enchiladas. Desserts include churros con chocolate.
Simon Chaplin, head of restaurants at Christie & Co said: "This is an excellent opportunity to acquire three prominent restaurants with an established base. Mexican food is recognised as being a trend to watch, not limited to shells and wraps but also at the quality end with quesadillas, tortas and soft tacos. This is the cuisine that has brought Lupita its success.
"Mexican restaurants have seen a growth similar to the burger phenomenon but have the added appeal of being a more healthy alternative for many as well as offering speed and convenience. It is also a cuisine that can travel, unlike many others, so is able to take full advantage of the delivery revolution."
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