Popular Buxton Restaurant For Sale - Established, Successful with Loyal Customers
Buxton, Derbyshire
- Status
FOR SALE
- Date Submitted:
26/04/22
- Advert ID
294320
- Reference
BB5156 / Rightbiz
- Call Agent:
- Leasehold: £125,000
- Turnover: £230,000 (£4,423 Per week)
- Net Profit: On request
Key Features
- Prime Location
- Established Business
- Accounts Available
Business Details
New To The Market Is a Wonderful and Highly Popular Restaurant For Sale In Buxton
Overview:
New to the market is this well established Restaurant that comes with a fantastic reputation and a loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.
Looking for a quick sale due to personal circumstances, this thriving business is on the market for a greatly reduced price. The perfect opportunity for first-time buyers or those looking for an affordable but well-established business.
This highly regarded Restaurant is now for sale in Buxton. Since its founding in 2018 it has built up an impressive client base. Having a leasehold tenure on the property aids an easy transition for a new owner. It sees a high annual turnover, providing an extremely promising opportunity.
Annual Turnover: £230,000
Annual Turnover Period: Annual
Net profit: TBC
Tenure: Leasehold Lease term: 5
Lease Expiry: 2027 Annual Rent: tbc
Business Rates: Business Established: 2015
Current owner has run this business for: Since 2015
Business Sale Description:
The business is situated in a prime location, ideally placed on the high street of a busy residential area. Close by to local businesses, they are able to take full advantage of good levels of footfall and passing trade.
A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence. Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customers.
The premise has space for 50 covers and has recently benefited from an extensive refurbishment within the last 2 years. It is also situated over two floors.
Despite firm foundations set, there are many ways to grow the business further. To continue the success of the business, the new owner would ideally have experience within the industry. The business’s current reputation has mainly grown through word of mouth, meaning further local and online advertising could see even higher profits.
The business was started from scratch 7 years ago by the current owner. The business also comes with a converted horse box which can be used for external catering events such as fairs, festivals or even parties.
The business benefits from a strong, local customer base as well as year-round tourist trade. It has a successful website, Facebook page and Instagram account.
The premises are well presented and In the right hands this restaurant is capable of doing so much more trade. PRICED TO SELL QUICKLY. There is so much scope to grow this business too which would increase the turnover dramatically. The premises are held on a secure lease, sensible rent.
Key Features of This Business:
Excellent Reputation;
Friendly & Professional Team;
Well Equipped Premise;
Loyal Custom Base;
Equipment to be included;
Huge Growth Potential;
Variety of Services or Products;
Spacious Premises
Key Location Features:
High Street Location;
Close to Local Businesses;
Nearby Car Parking;
Good Transport Links
Accommodation Included: No
Potential Growth Opportunities:
The business would also benefit by adopting a vigorous marketing policy of its excellent products, particularly with reference to the introduction of online advertising in order to improve upon the already respectable levels of turnover and profitability. We would strongly recommend the earliest possible viewing to avoid disappointment.
Vendor Open To a Transition Period: YES
Business Sector Type: FOOD AND CATERING
Are Company Accounts Available: YES
Management Structure For Business: Run by owner
Number of Staff: 2
Business Sale Asking Price:
£110,000
Business For Sale BB5156- New To The Market Is a Wonderful and Highly Popular Restaurant For Sale In Buxton
Highly Popular Restaurant For Sale In Buxton
RESTAURANT FOR SALE£110,000LEASEHOLDRESTAURANT FOR SALE£110,000LEASEHOLDRESTAURANT FOR SALE£11
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
Contact seller
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
Get Solicitor
