Authentic Italian & South Asian Cuisine Restaurant in Tyne and Wear for Sale - £3k Weekly Turnover
Undisclosed, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
12/07/22
- Advert ID
298796
- Reference
R1161 / Rightbiz
- Call Agent:
- Leasehold: £39,000
- Turnover: £156,000 (£3,000 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Sri Lankan & South Indian Restaurant for Sale
WE ARE INFORMED by the owner the turnover currently averages £3,000 per week with a gross profit of 65% approx. (50% deliveries) FEATURES:CUSTOMERS' PARKING FOR 25 CARS TO SIDE OF RESTAURANT FROM 5 P.M.
6 DAYS OPENING
DOUBLE FRONTED PREMISES. Wooden floor, suspended ceiling with spot & wall lights. Tables and chairs seating 70 (could be increased to 100). Bar, Epos till, double door fridge for beers, wines and soft drinks, glass and cutlery washer, single sink, additional storage
Ladies' cloakroom with 2 toilets, sink and mirror
Genlemen'ss cloakroom with 2 toilets, sink and mirror
Door to KITCHEN. Tiled floor, tube lighting. Stainless steel extractor. 11 burner gas hob with oven, electric double deck pizza oven , grill, warm cupboard, 2 chest freezers, ice cream freezer, 2 double door fridges, preparation fridge, dough mixer, dishwasher, double sink and drainer
Walk-in cold room
Store rooms
Stairs to basement used for storage ACCOMMODATION:
THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to FLAT above, comprising:
4 bedrooms (2 doubles 2 singles)
Fitted kitchen
Living room
Box room
Bathroom - bath with shower above, toilet and sink PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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