Prime Location Family-Run French & Italian Restaurant in London Up for Sale
Kentish Town, London
- Status
FOR SALE
- Date Submitted:
23/03/24
- Advert ID
608698
- Leasehold: £160,000
- Rent: £25,000
- Turnover: £250,000 (£4,808 Per week)
- Net Profit: £60,000 (24% Profit margin)
Key Features
- Trade Gardens Available
- Close to Local Amenities
- Accounts Available
- Fully Fitted
- Prime Location
Business Details
French & Italian Restaurant for Sale in London
This family-run restaurant business, operational for 6 years, is up for sale in the City of London. With a prime location close to local amenities, a turnover of £250,000 and a profit margin of £60,000, this business is a valuable opportunity. The leasehold price is set at £160,000 and includes all stock. Trading gardens are also available and the establishment is fully fitted.
Operating only in the evenings for 35 hours a week, this restaurant offers a cosy, inviting setting perfect for dinners and late-night meals. Its interior design sets it apart, creating a warm and elegant atmosphere that enhances dining experiences. The restaurant's complemented by a well-planned decor throughout.
The seating arrangements contribute significantly to the restaurant's charm. It houses a combination of comfortable booth seating alongside individual tables with plush chairs. The decor includes unique lighting fixtures which create an ambient setting, enhancing the overall dining experience. Special attention has been given to small details including strategically placed mirrors and wall art items. These not only accentuate the Mediterranean theme but also contribute to the restaurant's aesthetic appeal. Wood accents are seen throughout the restaurant, adding to the warmth and elegance of the interior.
Offering a unique dining experience with its themed decor and strategic location, this restaurant's ownership presents a profitable business opportunity.
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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.
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.
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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.
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.
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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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