FOR SALE
09/08/21
280855
Due to re-prioritising my family life over business, it’s with a genuinely massively heavy heart that my beloved steak restaurant and takeaway business has to go to a new owner.
Located in the south west, we have a relatively small approx. 35 cover restaurant area in addition to a strong and highly rated delivery presence on JustEat, Deliveroo and UberEats, in addition to many loyal and very frequent customers.
Our accounts for the last financial year (20-21) showed approx. 135,000 turnover which we feel is amazing taking COVID into account, however there’s a massive opportunity to expand the opening hours to at least double this.
Our name is trademarked and belongs to the company thus also included in the sale, giving huge growth potential.
I’ll further offer my support for the first month of new ownership free of charge to make sure the success of the business continues, should this be required.
Over five years is left on our current lease in a central city location, and since the business is continuing to trade and grow, it’s a brilliant opportunity for someone passionate about offering great food and great service.
This business really does have to go to the right person who’ll continue to grow and look after the company as it’s a very personal business!
Impartial valuations have taken place, giving a value of £80-90,000, and the sale will include all stock, fixtures&fittings, branding, trademarks etc; it’s genuinely a brilliantly running business looking for a new owner!
Contact me for more information.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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