Thai Restaurant for Sale in Cumbria - 66 Seats, Town Centre Location, Lake District Gateway
Kendal, Cumbria
- Status
UNDER OFFER
- Date Submitted:
28/03/23
- Advert ID
510778
- Reference
MA1332 / Rightbiz
- Call Agent:
- Leasehold: £59,000 (Stock at valuation)
- Rent: £18,500
- Turnover: £306,000 (£5,885 Per week)
- Net Profit: On request
Business Details
Thai Restaurant in South Cumbria
• Licensed 66 cover town centre restaurant
• Excellent trading position
• Turnover £306,000 net of VAT
• Thriving town at the gateway to the Lake District
• Confidential sale
The restaurant is situated in the centre of the thriving edge of Lake District market town and is tastefully laid out providing a Thai style menu and ambience being part of a group of Thai restaurants.
The fully licensed venue has been trading since 2008 and operates for 6 nights from 5.00pm to 10.00pm (10.30pm on Friday and Saturday) with 3 full time and up to 5 part time staff.
The turnover in the year ended 30 April 2022 was £306,638 net of VAT. Abridged accounts will be made available to bona fide applicants, normally after viewing.
The reason for sale is the the owners are wishing to downsize their operation and commitments and other venues may be available.
Listed by Mere Commercial
Tel 017684 83498
www.merecommercial.co.uk
Contact Agent
Listing Statistics
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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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