Featured Brokers
CONFIDENTIAL SALE
FOR SALE
24/03/23
510582
2398 / Rightbiz
Summary
Business Description:
Silk Letting LTD are proud to present to the market a well-established business in the heart of Rickmansworth. This business has been providing its clients with the finest quality of services from things such as
Pizzas
Pasta
Salads
Smoothies
Milkshakes
Alcoholic Drinks
Desserts and much more
By staying consistent with the quality of service provided to their customers, this business has also managed to build up an excellent reputation, with many loyal customers coming back for more. As well as an excellent client base, it has also built a superb reputation with many four- and five-star reviews online, which creates a very strong look for the business.
With approximately 35 covers, this business is perfect for customers who are dining in small or even large groups. This business will never fail to accommodate on a busy night.
As well as a business, the purchase also comes with a 2-bedroom flat on the first floor.
All fixtures and fittings are included in the purchase of this business which does make it ready for a new owner to get going right away.
The business also has existing agreements with Uber Eats, Just Eat and Deliveroo.
Location and Amenities:
Situated on a very compact but busy road, this business is in a prime location as the area it is placed in gathers a huge amount of traffic. This is due to the surrounding of many local amenities with different trades, the customers from all these amenities gather to generate a huge amount of traffic around the premises. Therefore, this benefits the business greatly as it leads to a very high number of walk-ins and passing trade.
As it is nearby to many housing estates, the residents within these houses also factor towards the high amount of footfall.
There are plenty of parking bays right outside of the premises and along the roads where the business is based making the business very easily accessible for customers, staff, and the owner if they do need to travel to the business via car.
Growth Potential:
This business is already a success however, there are always ways in which a buyer can expand.
For example, the flat that comes with the purchase of the business can be occupied by a tenant that a buyer can find. Doing this would generate an extra line of income for the buyer and potentially help them maximise profit and revenue.
Another way in which a new owner can expand is by adding more things to the menu such as breakfast options. This business already opens during the early morning hours so it could potentially bring in a lot more customers who do have a liking towards breakfast options.
Financial Profile:
Tenure – Lease (Rents Property Only) – 12 years left remaining on the lease.
Turnover is available upon request.
Property:
This premises consists of two floors, with the business being presented through the ground floor.
The business floor is presented with a vibrant yet modern décor catching the attention of anyone passing by. This also creates an enjoyable and comfortable environment for customers to dine in ensuring that they are satisfied whilst dining.
With around 7 tables within the restaurant, this adds up to around 35 covers making it suitable for guests who are arriving in small or even large groups.
The business floor also consists of a kitchen and a storeroom.
On entry of the first floor which has a separate entrance from the restaurant, you are presented with a flat which consists of 2 bedrooms and a kitchen.
Security Features:
This business is equipped with CCTV cameras and shutters which does ensure that the safety of the business is well kept whilst attended to and unattended.
We advise our buyers not to miss out on this opportunity!
Fixtures and Fittings:
All fixtures and fittings are included within the purchase of this business which gives a buyer an advantage as it will assist them in an easy takeover.
A full list of assets is available upon request.
Staff:
The business currently employs 4 staff members who are all willing to stay under new ownership which gives a buyer an experienced and efficient team to work with.
The business is currently open:
Monday – Sunday – 2:00 pm – 12:00 am
Reason for the business sale:
The owner is currently selling the business due to other commitments which creates the perfect opportunity for a buyer to continue the ongoing success of this business.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner!
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.
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.
Do not 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 amount 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
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
Get Solicitor
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