FOR SALE
515494
Pasta Factory is proud to present to the market a spectacular opportunity to own this much sort after pasta bar located in a lively area in Old Street, London.
The business has all the relevant food licenses in place, is a registered food business, and has a premise license. The restaurant gains ample attraction through its high number of walk-ins and passing trade.
The building provides lots of charm and character with its aesthetically appealing interior and comfortable surroundings creating a relaxed and friendly ambiance, this is the perfect surrounding for lunch break and a delicious meal out with friends.
The restaurant has total 25 covers altogether.
The shop is ideally located close to a busy high street that’s well-populated and surrounded by many offices.
Location and amenities:
The shop is in a prime location between two very bustling high streets, with traffic, and footfall leading to a lot of passing trade. Close to multiple retailers, this business benefits from the heavy amount of footfall this area gathers.
Close to local transport links such as a bus stop a few minutes away from the premises, this business is very easily accessible to the owner, staff, and customers if they need to travel to the premises.
Growth potential:
This is the perfect opportunity for any new owner looking to purchase a well-established business with the potential for further growth.
This already successful company could increase its revenue by trading 7 days a week as right now they’re operating 5 days a week.
The restaurant does not have a website but ties with some food delivery services. The new owner could increase sales by partnering with the likes of Uber Eats and Just Eat. Not only does this mean the business can reach a wider audience but it also gives the customers the choice to order their food from the comfort of their own homes.
Financial profile:
Tenure – lease. Rents property only – 13 years remaining length of the lease.
Property:
This business is beautifully set with its rustic décor, ensuring the atmosphere is enticing and that the ambiance is comfortable for the customer.
The interior is styled with wooden flooring, brick walls, and ambient lighting
Reason for business sale:
The owner is deciding to sell the business due to personal reasons and is hoping to hand over the success of this business to a new owner.
This is the perfect chance for a new owner to step in and expand this business further than its limits.
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sale inquiries or arrange a viewing on (available on request)
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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