FOR SALE
10/07/23
516375
00404 / Rightbiz
• This is a fantastic opportunity to acquire a fully established bistro.
• The sale of the business would result in a 100% share transfer.
• Turnover of circa £84,000.
• Ideal for anyone with experience or first-time buyers to walk into and own this business.
• Owner wishes to sell to pursue other interests.
• Prime location near a train station.
• Premises is fully fitted with all required fixtures.
• Potential to increase turnover.
INTRODUCTION
NOVUS Business Brokers are proud to present this well-loved local Bistro. The business was established in 2018 and has a healthy turnover of circa £84,000.
LOCATION
This business is well-positioned in North-East London and is located 150m from a train station, allowing it to take full advantage of the high level of footfall.
REASON FOR SALE
The business is only being offered for sale due to our client wishing to pursue other interests.
BUSINESS INFORMATION
Focusing on a good selection of fresh hot and cold food, but with an element of fun with its fondue and raclette, it provides the perfect spot for locals to take a break and relax with some tapas and a nice refreshing drink. Operating from a nicely decorated, fully equipped premises the business includes seating inside and outside.
STAFF
The business is currently operating with three part-time members of staff.
FINANCIAL DETAILS
Our client has managed a healthy turnover and profit since owning the business. Full financial information is available upon request.
SUMMARY
This is a great opportunity to acquire a Bistro that is fully established and perfect for first-time buyers or someone with previous experience in this industry. Do not miss out on this outstanding business!
Our client is willing to negotiate a sale price and terms for the right buyer. Early viewing is advised!
**All enquires, and viewings are to be made directly through NOVUS Business Brokers**
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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