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Public Bar & Separate Restaurant, Kilmarnock (ref. 1222)

Kilmarnock, East Ayrshire
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  • Freehold: £265,000
  • Turnover: N/A
  • Net Profit: N/A

PRICE REDUCED

The availability of Kadikoi Bar & Memory Lane Restaurant offers new prospective buyers, for the first time in 30 years, an excellent opportunity to acquire a well looked after and well loved restaurant and public bar business with genuine scope for potential to increase turnover and profitability further.

The business has been owned and run successfully by our clients for the last 30 years.  This significant length of tenure is an obvious guide to how well the business has been run over the last three decades.  However, significant potential still exists to increase and enhance the business further.

The Kadikoi Bar trades very well as a free house and the accompanying Memory Lane Restaurant is also well regarded within the town for excellent home cooked fayre as well as functions and funerals etc.  

It is strongly felt that there is significant potential to develop from our clients’ long term ownership to improve the business further with the development and active promotion of the restaurant as well as the function room trade.  Our client trades very well catering for functions most weekends but feels there is significant development potential for new enthusiastic, younger and motivated owners. 

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  • Fully Fitted
  • Large Business for Sale
  • Close to Local Amenities
  • Established Business
  • Town Centre location
  • Retirement Sale
  • Price Reduced
  • Accounts Available

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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. Rest 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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