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CONFIDENTIAL SALE
FOR SALE
04/08/23
517591
An established Indian restaurant in Doncaster, South Yorkshire is for sale. This particular location has been home to a restaurant for over 25 years, with the current ownership of the last 6.5 years in my hands. The premises boast a prime location, complete with a high volume of passing trade thanks to the close proximity of Doncaster Racecourse, various hotel chains, and the town centre, only half a mile away. The racecourse has an event running every Friday/Saturday increasing footfall to our restaurant and we receive orders from the hotel's guests during the weekdays.
The leasehold price stands at £45,000 and the current annual turnover is approximately £312,000. I am open to negotiations and would consider the nearest offer. The business does not face much competition locally and has plenty of car parking space available. All fixtures and fittings will be included with the sale.
There is a three-bedroom flat upstairs which is currently utilised as staff accommodations. This restaurant employs 4 kitchen staff and 2 front of house staff. Our trading hours run from 5pm - 10:30pm except on Mondays when we are closed. There exists plenty of room for expansion by operating on the currently closed day and extending the hours of business, possibly by opening for lunch, a potential not fully realised due to my current commitments.
Due to my desire to focus on another business venture, it has become challenging to manage both. With this decision, an opportunity for a new owner to take over has arisen. We have a partnership set up with the online food delivery platform JustEat, but a prospective owner can consider creating the restaurant's own website for order taking, or even introduce in-house delivery drivers for enhanced service delivery.
We are open to offering training opportunities for the new owner as a part of the smooth transition. Account details and the financial standing of the business are available for the interested potential buyers. For a more detailed discussion and complete information about this business, please feel free to contact me
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.
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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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