Profitable Worcester Area Restaurant and Functions Venue for Sale
Undisclosed, Worcestershire
- Status
FOR SALE
- Date Submitted:
18/12/23
- Advert ID
604018
- Reference
BKH231021 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Turnover: £320,000 (£6,154 Per week)
- Net Profit: On request
Key Features
- Offers Invited
- Prime Location
- Established Business
Business Details
Profitable Restaurant and Functions Venue in the Worcester Area
We are proud to be marketing a profitable restaurant and functions venue in Worcester area. Having a lovely indoor and outdoor area to host functions such as weddings, private parties or just a busy day in the restaurant also having one of the best views to enjoy while you enjoy a good meal.
With the most incredible setting and view, the restaurant has an upper level which is ideal for weddings, private functions and other private parties with a private bar area. The restaurant is located outside Worcester.
This well established restaurant has been run by the current owner for the last 8 years, with 7 years left on the lease. The turnover for 2022 was £ 320 000.00 with the potential to increase the function aspect of the business.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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