East Sussex Chinese-Malaysian Restaurant for Sale, £7-13K Weekly Turnover, £259K Price with Loan Option
Undisclosed, East Sussex
- Status
SOLD / WITHDRAWN
- Date Submitted:
09/03/23
- Advert ID
509638
- Reference
R1540 / Rightbiz
- Call Agent:
- Leasehold: £195,000
- Turnover: £364,000 (£7,000 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Chinese And Malaysian Restaurant for Sale
WE ARE INFORMED by the owner the turnover currently averages £7,000/£10,000 per week increasing in the summer months to £10,000/£13,000 per week FEATURES:6 DAYS OPENING
5 STAR HYGIENE RATING.
TRIPPLE FRONTED PREMISES in the region of 2,050 ft². Laminate flooring, LED lighting. Tables and chairs seating 80 persons. BAR. Electric cash register, coffee machine, under-counter fridges for beers and wine, soft drinks fridge, wash hand basin, glasswasher.
Stairs to FIRST FLOOR KITCHEN. Stainless steel extractor, 5 burner chinese hob, steamer, rice cooker, microwave, deep fat fryer, 2 chest freezers with stainless steel top, fridges, double sink with drainer, etc
Basement in the region of 1,561 ft², used for storage purposes, .
PREPARATION ROOM. 4 deep freezers, 3-3-burner gas cookers
Walk-in coldroom
Dry store.
Gentlemen's cloakroom with toilet and sink
Ladies' cloakroom, 2 toilets, sink and mirror
Staff cloakroom PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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.
Be safe, use a Rightbiz Solicitor
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