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Cardiff Banqueting Hall, Turkish/Lebanese Restaurant with Shisha Lounge for Sale

Cardiff Town, Cardiff

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    27/07/23

  • Advert ID

    517204

  • Leasehold: £800,000
  • Rent: £50,000
  • Turnover: £800,000 (£15,385 Per week)
  • Net Profit: £400,000 (50% Profit margin)

Key Features

  • Accounts Available
  • Established Business
  • High Turnover
  • Offers Invited
  • Price Reduced
  • Prime Location

Business Details

Banqueting Hall and Turkish Lebanese Restaurant w Shisha Longue for sale in Cardiff

Banqueting Hall and Restaurant, established in Cardiff, is currently up for sale. This illustrious establishment also comes with a Shisha Lounge. The leasehold price for the property has been set at £800,00. The current turnover standing at £800,000. 

The business has been yielding a robust profit margin of £400,000, thus reflecting the lucrative aspect of the venture. The highlight of the business is its breathtakingly high turnover, which is not just impressive but very encouraging indeed.

The location of the Banqueting Hall and Restaurant is nothing short of perfect. It boasts an excellent decoration which significantly enhances the aesthetic appeal of the premises. Adding to the magnificence of the property is its extensive area that can accommodate up to 70 cars.

Furthermore, the premises includes a large wedding hall and a shisha lounge. In addition to these, there is an expansive outdoor seating area with a capacity to cater to as many as 200 individuals. 

Accounts are readily available for scrutiny. The prime location of the business in the heart of Cardiff makes this a very attractive opportunity for any potential buyers.

Complete details about this business are readily available upon request. If interested, please feel free to contact me.

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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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