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Prominent Greek Restaurant in Ramsgate, Kent Up for Sale - Town's Top Pick!

Ramsgate, Kent
Reputable Greek restaurant for sale in Kent - Town's favourite Photo 1
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Reputable Greek restaurant for sale in Kent - Town's favourite
  • Status

    FOR SALE

  • Date Submitted:

    07/08/23

  • Advert ID

    517775

  • Leasehold: £80,000
  • Turnover: On request
  • Net Profit: On request

Business Details

Reputable Greek restaurant for sale in Kent Town's favourite

A Reputable Greek restaurant, prominently located in the town centre of affluent Ramsgate, Kent, is currently on the market. The restaurant boasts an advantageous position toward the main road, bringing in substantial foot traffic. Established five years ago, the business has consistently maintained a strong customer base, earning a 4.9/5 star rating on Google and a stellar 5-star rating on TripAdvisor. Through careful proprietorship since its inception, the restaurant has fostered a large following of loyal customers and has beautifully cemented its reputation within the area.

Unfortunately, due to the health circumstances of a family member, the current owner finds it necessary to step away from the business. Despite the reluctant parting, this presents a promising opportunity for an aspiring restaurant owner to embrace a resilient business in a prosperous town. The restaurant faces little to no competition.

The asking price for the leasehold is set at £80,000, and the details regarding the current turnover are available upon request. Notably, the sale of the business includes all fixtures and fittings. The premises also house two extra rooms allocated specifically for storage, enhancing the functionality of the space.

The restaurant operates from 12 pm to 9 pm, with the exception of Mondays and is supported by the diligent work of two employees. 

A large majority of orders stem from the restaurant's own website, which the business operates alongside the well-known platform, JustEat. However, consideration to step away from JustEat due to the predominant success of our own online ordering is currently underway.

The current owner remains committed to the success of the restaurant. As such, they are open to offering training opportunities to the incoming proprietor. The owner is eager to empower the new management to continue cultivating the restaurant’s goodwill in the tight-knit Ramsgate community.

For complete details about this exemplary business opportunity, please feel free to reach out.

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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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