Italian Restaurant with Loyal Customers and 2-Bed Flat for Sale in Busy Seaside Town
Undisclosed, West Sussex
- Status
FOR SALE
- Date Submitted:
26/09/23
- Advert ID
600281
- Reference
1098SPT / Rightbiz
- Call Agent:
- Leasehold: £150,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Italian Restaurant in Busy Seaside Town
We are please to be able to offer this authentic Italian restaurant located in a busy West Sussex sea-side town to the market.
The business has been established for 21 years and had enjoyed a consistent level or turnover which demonstrates its popularity with both locals and tourists who visit on a regular basis.
The restaurant has seating for 44-50 covers and is only open Monday to Saturday evenings.
We feel that there is a huge opportunity here for someone to grow this business by offering lunches during the week and opening Sundays as well as potentially adding a delivery service to increase turnover.
Quote taken from a recent TripAdvisor review - 'Wow I can not fault this restaurant anywhere. The food is amazing, can certainly taste its home cooked and good quality, and much value for money. The service we received from the main lady to the young lad behind the bar was fantastic, we will certainly return again'
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.
Business Partnership would ask you to make contact with us at your earliest convenience to arrange a viewing of this great business.
Authentic Italian Restaurant
Excellent Location
Long Established Business
Year on Year Consistent Level of Turnover
Loyal Customer Base
Excellent Goolge & TripAdvisor Reviews
5 Star Food Hygiene Rating
2 Bed Flat included in Lease
Contact Agent
Listing Statistics
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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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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.'.
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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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