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Busy Essex Restaurant/Takeaway with Large Online Presence in Southend on Sea for Sale

Southend on Sea, Essex
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Well established busy restaurant/takeaway in Essex Photo 1
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Well established busy restaurant/takeaway in EssexWell established busy restaurant/takeaway in EssexWell established busy restaurant/takeaway in EssexWell established busy restaurant/takeaway in Essex
  • Status

    FOR SALE

  • Date Submitted:

    06/08/21

  • Advert ID

    280796

  • Leasehold: £130,000 (Stock at valuation)
  • Rent: £7,800
  • Turnover: £250,000 (£4,808 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • High Turnover
  • Small Business
  • Attractive Business
  • Fully Fitted
  • Retirement Sale
  • Unique Business
  • Company for Sale
  • Established Business
  • Close to Local Amenities

Business Details

Well established busy restaurant takeaway in Essex

Popular and profitable restaurant business for sale

Very well known business in a big town and surrounding towns called Legenddeli kitchen. The business has a big social media presence. We also have a wide organic customer base available on our own website. We have partnered with Just Eat for deliveries.

The restaurant area is recently refurbished. We have an alcohol license with lots of new equipment and a brand new extraction system. We have a prominent busy main road position with heavy traffic and parking. Being centrally positioned, the restaurant is accessible to Shoeburyness, Rochford, Southend central, Thorpe bay, Westcliffe, Leigh on sea etc.

We are a small family business with a huge following and a simple menu. Anyone who buys this business will be able to immediately earn money back with the potential to open for more hours and trim where needed. We have been trading for ten years. Our business has had good years and withstood the pandemic comfortably.

The restaurant has outgrown us with the increasing demand. However, having a young family has made it impossible to cope with 80 plus hours a week. Please, have a look at our socials, google us or look us up on TripAdvisor. Alternatively, you can just come and have a chat. All the training, guidance and full itinerary will be supplied upon sale. You will also get initial staff support for a contracted period.

The business has featured in 'Timeout', 'The Times', 'Essex echo', 'Jamie Oliver's Friday night feast', and many more places.It would be a good idea to first arrange a viewing with us. Afterwards, we can chat and then you can consider your next step. All you need is to be willing to work or have the ability to delegate to a team. You are already getting an established social media presence and a customer base. We have spent multiple 80-hour weeks growing the business and now it's ripe.

The premises are on a leasehold and are easily transferable on a secure renewable lease. The current lease has seven years left. The rent is only £665 a month with no business rates payable. The premises are large for this low rent with five kitchens/storage rooms, a bar and a seating area inside and outside.The premises are fully CCTV installed with lots of equipment and refrigeration plus freezer space.

Get in touch for more information.

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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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