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Leasehold Italian Restaurant in Putney, London - £160,000 with Growing Turnover

Putney, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    03/01/23

  • Advert ID

    505805

  • Leasehold: £160,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Town Centre location
  • Ideal for Full Refurbishment
  • Accounts Available
  • Price Reduced
  • Unique Business
  • Free of Tie Leasehold
  • Town Centre location
  • Accounts Available
  • Town Centre location
  • Price Reduced
  • Vacant/Empty Premises
  • Unique Business

Business Details

Leasehold Italian Restaurant in the heart of Putney, London

Italian Restaurant for sale in London, Putney.

The business has been established since March 2022, and I have owned the restaurant since its beginning. The leasehold price is £160,000, and the current turnover is available on request. The turnover is showing growth over the last year.

We are located 50m away from the town centre, which increases the number of customers to the Restaurant. There is also a school nearby and public transport links such as Putney station.

As the Restaurant recently opened, the interiors and equipment are brand new. All the fixtures and fittings are part of the sale. Due to other business ventures not being able to give enough time to the restaurant, the business would benefit from a new owner.

Current opening hours are 10:30 am - 11 pm and 10:30 am - five pm on Sundays. Monday and Tuesday are closed. We have a staff of six employees, four full-time employees and two part-time employees. We have a solid social media presence on Instagram and Facebook and partnered with food delivery platforms like JustEat, Deliveroo and UberEats. In addition, 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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