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Authentic Italian Restaurant in Hertfordshire, 4-Star Hygiene Rating, Seating for 70, For Sale

Undisclosed, Hertfordshire
Italian Restaurant for Sale Photo 1
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Italian Restaurant for Sale
  • Status

    FOR SALE

  • Date Submitted:

    11/04/24

  • Advert ID

    609670

  • Reference

    R2056 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £149,500
  • Turnover: £364,000 (£7,000 Per week)
  • Net Profit: Not Applicable

Business Details

Italian Restaurant for Sale

WE ARE INFORMED by the owner the turnover currently averages £7,000 per week with a Gross profit of 60% approx. which we fell would increse with the addition of alcohol. FEATURES:
6 DAYS OPENING ~ 5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES' in the region of 1,075 ft²' with byfold doors, Tiled flooring, Suspended ceiling with spotlight and pendant lighting.

Tables and chairs seating 70 people.

Bar. Electric cash register, coffee machine (2 group), grinder, under counter fridge, wash hand basin.

Kitchen - Stainless steel extractor, 2 deck Pizza Oven (electric), double door fridge, 2 single fridges, pizza topping fridge with drawers beneath, microwave, ice cream freezer, wash hand basin.

Rear Kitchen - Stainless steel extractor, 6 burner cooker, gas grill, twin table top deep fat fryer, microwave, salad fridge, pasta topping fridge, tripple door fridge with stainless steel work surface, stainless steel cladded walls, under counter freezer, double sink with drainer, glass washer,etc

Stairs to first floor, in the region of 375 ft²

Ladies Cloakroom - 2 cubicles, wash hand basin.

Gentlemans Cloakroom - 1 cubicle, 2 urinals and wash hand basin.

Preparation room with sink, 2 freezers, walkin fridge

Dry Store PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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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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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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The data showed regarding this advert 'Italian Restaurant for Sale - R2056 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.