CONFIDENTIAL SALE
FOR SALE
09/04/24
609537
For sale is a restaurant and wine bar located centrally in the city of Sheffield, South Yorkshire. This business has been successfully operating for 8 months since we revamped it with new fittings. Sitting in a prime location on a bustling main road, the restaurant is conveniently accessible from nearby shopping centres, offices, and hotels, Drawing in high footfall and offering consistent visibility.
Offered at a leasehold price of £120,000, the business has a current turnover of £312,000. However, we are always open to negotiations. Prospective buyers can expect little competition as the restaurant enjoys a distinctive standing within the local food and beverage landscape. All fixtures and fittings, integral to its current operation, will be included in the sale.
The reason we must let go of this venture is that our other business commitments preclude us from devoting necessary time to the restaurant. We operate 6 days a week, staying open from 9am to 9pm from Monday to Saturday and closing on Sundays. The business runs smoothly, powered by a dependable team of 4 employees who maintain our high service standards.
In addition to our physical presence, we have fortified our digital footprint with an active website and effective social media channels. We also collaborate with the popular food delivery platform Deliveroo to extend our reach.
To ensure a seamless transition, we are prepared to offer comprehensive training opportunities to the new owners. For any other information or complete details about this business, please feel free to contact me.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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