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Established Mexican Restaurant in Hebden Bridge, West Yorkshire for Sale

Hebden Bridge, West Yorkshire
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Well established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for saleWell established Mexican Restaurant for sale
  • Status

    FOR SALE

  • Date Submitted:

    04/03/23

  • Advert ID

    509345

  • Reference

    B07233 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £37,500
  • Turnover: £170,000 (£3,269 Per week)
  • Net Profit: Not Applicable

Business Details

Well established Mexican Restaurant for sale

Business
Please quote reference B07233

CoGoGo are delighted to welcome to the market Ricks Mexican Street Food LTD, a highly rated Mexican restaurant in Hebden Bridge, West Yorkshire. 

Rick's Mexican Street Food is an independent Mexican Street food kitchen, home to the best Burritos, Tacos and Nachos this side of Mexico. They serve delicious food that explodes with flavour in every bite, and specialise in Tacos, Burritos and Nachos. Their corn tortillas are imported from Mexico and food is prepared fresh for every order. They are proud to offer locally sourced, free range produce, whilst also including specially selected chillis, fruits and herbs & spices.

The business was first established in 2014, with our clients taking over in 2019. It has become extremely popular within the local area, building up an excellent reputation and regular customer base.

This business opportunity has now come to the market as our clients are looking to pursue a new business opportunity. 

Key selling points -

  • Prime trading location
  • Very loyal customer base
  • Lots of potential 
  • Over 3,600 Facebook followers
Scope to improve -

  • Extend trading hours 
  • Push advertising/marketing


Location
Ricks Mexican Street Food is located on Crown St, in the town centre of Hebden Bridge, West Yorkshire.

The business has eye catching signage and receives high levels of footfall and passing trade.



Premises
Occupies a single fronted premises

Ground floor -

  • Restaurant area to the front
  • Serving area in the middle
  • Kitchen area at the back of the premises
External -

  • Outside eating area to the front of the shop
  • Off street parking to the side of the premises. 


Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The current rent is £1,333 per month. 



Hours
The current trading days are Tuesday to Saturday.



Staff
We are advised that the busines has 6 members of staff. 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £170,000. Further financials can be made available upon request.



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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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