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London-based American Restaurant for Sale, £200,000, Avg Weekly Turnover £6,500, 65% Gross Profit

Undisclosed, London
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American Restaurant for SaleAmerican Restaurant for SaleAmerican Restaurant for Sale
  • Status

    FOR SALE

  • Date Submitted:

    29/11/22

  • Advert ID

    504458

  • Reference

    R1373 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £79,000
  • Turnover: £338,000 (£6,500 Per week)
  • Net Profit: Not Applicable

Business Details

American Restaurant for Sale

WE ARE INFORMED by the owner the turnover currently averages £6,500 per week with a gross profit of 65% approx. (85% via online platforms) FEATURES:
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 800 ft². with ELECTRIC SHUTTERS. Kardeen flooring. Rako lighting controls throughout customisable via iPhone. Daikin air conditioning with hot air (2 cassettes controlled independently). Sales counter, EPOS till. Andy Thornton custom tables and chairs providing seating for 35 persons. Blender, American milkshake machine. CCTV system (4 cameras, 1 monitor), Alarm.

Space in front of counter ideal for new bar or dessert station.

OPEN PLAN KITCHEN. Helios fan extractor. Cooking line 4m. 2m under fridge, Blue Seal 900 griddle, Blue Seal 1,200 chargill, 2 Blue Seal double fryers, chip scuttle, salamander, waffle iron, bain marie, heated gantries, various fridges & freezers.

Disabled toilet with w.c. and wash hand basin

Comfortable office space plus basement storage with shelving. PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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.

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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.

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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'American Restaurant for Sale - R1373 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.