Busy Lake District Town Restaurant, 52-Cover, £388K Turnover, Keswick Cumbria
Keswick, Cumbria
- Status
FOR SALE
- Date Submitted:
13/02/23
- Advert ID
508218
- Reference
MA1325 / Rightbiz
- Call Agent:
- Leasehold: £120,000 (Stock at valuation)
- Rent: £17,500
- Turnover: £388,000 (£7,462 Per week)
- Net Profit: On request
Business Details
Restaurant in Lake District Town
• Fully licensed established restaurant with 52 dining covers
• Broad fare menu with local and seasonal specials
• Turnover £388,000 net in the last financial year
• Town centre location with ample tourist and local trade
• Lease includes spacious first floor flat
Overview
The Bistro offers an extensive A La Carte menu as well as various seasonal specials and local seafood and a wide selection of wines are offered. The full licensed restaurant is situated in the centre of a very popular Lake District tourist town with a high proportion of tourist custom, trading 5 days a week from 5.00pm to 9.30pm. The business operates with the two current proprietors, a full time chef and part time support staff. Acquired by the current owners in 2019 they have revamped the restaurant and increased trade following the Covid Pandemic to a turnover of £388,000 net of VAT in the year to 31 July 2022. As well as an established existing business there is scope to expand the current trading hours. The current proprietors are now seeking to retire. Full accounts will be made available to bona fide applicants, after viewing.
Listed by Mere Commercial
Tel 017684 83498
Contact Agent
Listing Statistics
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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.'.
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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.
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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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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
