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Italian Restaurant for Sale in Sheffield - Successful 6-Month Venture with Strong Reputation

Sheffield, South Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/06/23

  • Advert ID

    514848

  • Leasehold: £55,000
  • Rent: £14,400
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Unique Business
  • Ideal for Full Refurbishment
  • Open Plan Trading Area
  • Potential for Alternative Use
  • Close to Local Amenities

Business Details

Italian Restaurant for sale in Sheffied

An Italian Restaurant is up for sale in Sheffield, South Yorkshire. This venture has been successfully operating for six months and has a well-established reputation. The current owner has played a significant role in this newly-established business since its inception. Furthermore, the property can also be utilised for other purposes, if desired.

The asking price for the leasehold is £55,000, with the current turnover figure available upon request. It is important to mention that the price is negotiable. Apart from being in proximity to the city centre and situated on a main road location, the establishment enjoys healthy competition in the area. The buyer can rest assured that all fixtures, fittings, and stock will be included in the sale.

The decision to sell the restaurant is due to family circumstances requiring care and attention. Currently, the establishment runs on a flexible schedule, serving breakfast, lunch, and dinner seven days a week, with operating hours from 9 am to 10 pm. The well-coordinated team of three employees ensures a smooth operation of the restaurant.

The business has a strong online presence through Instagram and Facebook, and it is also partnered with popular food delivery platforms like UberEats, JustEat, and Deliveroo. The current owner is willing to offer training opportunities to the new proprietors, making for a seamless transition.

This unique business has a lot to offer, making it an ideal choice for full refurbishment. Its open plan trading area and potential for alternative use certainly add value to the property. Additionally, it is conveniently located near local amenities.

For complete details about this exciting business opportunity, please feel free to contact me.

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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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