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Renowned Chinese Restaurant in Prime Dorking, Surrey Location Up for Sale

Dorking, Surrey

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/05/24

  • Advert ID

    610796

  • Leasehold: £90,000 (Stock at valuation)
  • Rent: £36,000
  • Turnover: £520,000 (£10,000 Per week)
  • Net Profit: On request

Key Features

  • Retirement Sale
  • Town Centre location
  • Potential for Alternative Use
  • Fully Fitted

Business Details

Established Chinese restaurant with good reputation for sale in Surrey

An established Chinese Restaurant positioned in the heart of Dorking, Surrey is presently up for sale. It holds a prominent main road position in Town centre, guaranteeing excellent local visibility.

The leasehold price is currently listed at £90,000, but we're quite open to negotiations and willing to accept the nearest offer. 

I have been the proud owner of this successful business for 15 continuous years. The current turnover stands impressively at £520,000. I have always kept all fixtures and fittings updated and all are included as part of the sale. These elements work together to create a pleasant, welcoming atmosphere for our patrons. 

The living accommodations are ideal for the new owners, featuring 2 well-appointed, single bedrooms. Our operations run efficiently with a team of four full-time and three part-time staff members. Our opening hours are structured over six days a week. We begin at 12pm, catering to the lunchtime crowd till 2pm, and then reopen our doors at 6pm to continue service till 10:30pm. 

Our current business model focuses on providing a superior dining experience to our customers, allowing them to order collections from us, if they prefer so. There is potential to grow the business further by introducing a delivery service, however, the business has proven to be very profitable without resorting to this avenue. 

To ensure a smooth transition, we're also willing to offer training opportunities to the new owners. This would provide a comprehensive understanding of the business operations and maintain our high standards. For a complete understanding and further details about this business opportunity, I welcome interested parties to contact me directly.

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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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