Licensed Suffolk Restaurant with £385K Sales in 2019 and Potential for Growth on Sale for £75K
Undisclosed, Suffolk
- Status
FOR SALE
- Date Submitted:
10/08/20
- Advert ID
263494
- Reference
R9504 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Licensed Restaurant closed 2020 for Sale
WE ARE ADVISED that the sales year ending 2019 showed £385,000 inclusive of VAT, in our opinion offering further potential to increase in the right hands. FEATURES:AMPLE PARKING CLOSE BY
At present operated as Greek cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.
Front outside area with space for tables & chairs for approximately 10 persons.
ATTRACTIVE DOUBLE FRONTED RESTAURANT with laminated strip floor, wall & ceiling lighting. Tables & chairs providing seating for 40 persons. BAR, 2 group coffee machine, coffee grinder, sink, 2 double door glass fronted counter fridges, 1 3-door glass fronted counter fridge, upright glass fronted wine fridge, ice machine, computerised cash system.
Ladies' & gentlemen's cloakrooms each with w.c. & wash hand basin
LEVEL KITCHEN with non-slip floor, tiled walls, 3 door stainless steel counter fridge with refrigerated topping section, gas griddle, stainless steel extractor, electric fan assisted oven, 2 microwave ovens, upright stainless steel deep freezer, small upright deep freezer, dishwasher, double sink & drainer etc. PRICE:
TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £75,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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