Prime Sheffield Italian Restaurant for Sale, Successful and Newly Established
Sheffield, South Yorkshire
- Status
FOR SALE
- Date Submitted:
24/10/22
- Advert ID
502513
- Leasehold: £60,000
- Rent: £24,000
- Turnover: £234,000 (£4,500 Per week)
- Net Profit: On request
Key Features
- Adjacent to Multiple Retailers
- Fully Fitted
- Accounts Available
- Attractive Business
- With Car Park
- Potential for Alternative Use
- Town Centre location
Business Details
Italian restaurant for sale in Sheffield
Successful New Italian Restaurant for sale in Sheffield
The restaurant has been established for one year in Sheffield, South Yorkshire. It was previously run as a takeaway. However, the premises was converted to a restaurant only at the start of this year. A prime location on the main road, only a few minutes from the city centre with public transport links nearby. The area also has a lot of passing footfall, with student accommodations nearby housing at least 5000 students.
There is no direct competition nearby. The sale is for the leasehold of the business at £60,000 or your nearest offer. The sale includes fixtures, fittings and stock.
As a new business, it is still yet to reach its maximum potential, making it a very good proposition. The weekly turnover is currently taking £4500 on average, which has been increasing every week.
The sale is due to a change in family circumstances as my partner and I have had a child and currently run another business venture, making it very difficult for us to manage both. This business would be suited for a new owner to reach its potential.
We have a social media presence on Instagram and Facebook, and we are partnered with all food delivery platforms and have our own website. The opening hours are 12 am - three pm, then re-open again at five pm - 11 pm, six days a week. We also host private parties and events.
We are established on google in the local area and have achieved five stars rating.
We are willing to offer training opportunities to the new owners.
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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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