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Leasehold Indian Bar & Restaurant on Sale in Farnworth Bolton, Operational Since 2019

Farnworth, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/09/21

  • Advert ID

    283436

  • Leasehold: £80,000 (Stock at valuation)
  • Rent: £24,000
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Attractive Business
  • Town Centre location
  • Offers Invited
  • Close to Local Amenities
  • With Car Park

Business Details

Leasehold Licensed Indian Bar & Restaurant for Sale in Bolton

LEASEHOLD INDIAN RESTAURANT FOR SALE in FARNWORTH BOLTON

A well-established Indian Restaurant on the main road is available on leasehold in the residential area of Farnworth. The restaurant has been operational since February 2019 with many local businesses and the supermarket in the neighborhood.

The business has accommodation on the 2nd floor, which the new owner can even use for further expansion. The business faces competition from similar ones and comes with fixtures and fittings, while the owner will be selling the stocks separately.

Leasehold: £80,000
Annual Rent: £24,000

The business is currently staffed with nine people and is open from 4:00 PM-11:30 PM throughout the week. It comes with an option to operate for longer hours as the business has a license from midday to 1:30 AM. The restaurant has a presence on Google, Facebook, and Instagram.

The owner is ready to provide training if required. Please feel free to contact the owner for any further inquiries.

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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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