Thriving Burger Restaurant and Bar in Headington Oxford Available for Purchase
Oxford, Oxfordshire
- Status
FOR SALE
- Date Submitted:
25/11/23
- Advert ID
603125
- Leasehold: £225,000
- Rent: £30,000
- Turnover: £715,000 (£13,750 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Established Business
- Fully Fitted
Business Details
Successful Burger Restaurant with Bar for sale in Headington Oxford
A unique, well-established burger restaurant is currently up for sale in Oxford, Oxfordshire. With a successful eight-year history under its belt, this much-loved local gem has been under my careful ownership since its founding. Promising a robust valuation, the business’s leasehold price is attractively set at £225,000 with a promising current turnover of £715,000.
The restaurant is advantageously located in a densely populated residential area along one of Oxford's main thoroughfares. Its proximity to the local university—a mere 10-minute walk—ensures a steady influx of customers, including both students and locals. Notably, there is little to no competition in the immediate vicinity, setting the stage for this business’s continued success.
Our unique selling point combines a lively bar atmosphere with a gourmet burger joint, an innovative combination that has proven highly popular. This sale will include all existing fixtures and fittings, providing a turnkey solution for the new owners. Another encouraging point to note is that the business has enjoyed steady growth over the past year.
The business have developed it own website with booking system.
With more than 1500 customer’s email listing.
The reason for the sale is my engagement in a new, larger venture that necessitates the majority of my time. Currently, the restaurant operates on a schedule where we are closed on Tuesdays, open from 12:00 noon to 10:00 pm other days.
The potential remains to further increase profitability by expanding these operating hours, should the new owners wish to do so.
Our valued team comprises 11 employees, inclusive of both full and part-time hires. In addition, we have a noteworthy online presence, courtesy of our company website. Our collaboration with the popular online delivery platform Deliveroo has fuelled business growth, with the future owners having the added potential to extend this successful strategy to other delivery platforms. For the transition period, we are also open to providing training opportunities for the new owners.
For additional details regarding the sale of this business, please do not hesitate to get in touch with 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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