Profitable Japanese Restaurant & Cocktail Bar in London for Sale, Growth & Franchise Potential
City of London, London
- Status
SOLD / WITHDRAWN
- Date Submitted:
16/08/23
- Advert ID
518305
- Reference
B07419 / Rightbiz
- Call Agent:
- Leasehold: £150,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
N A
BusinessPlease quote reference B07419
A profitable, successful, and growing Japanese restaurant and cocktail bar who provide a unique causal Japanese dining and drinking experience to their guests.
Established in 2018, this izakaya style restaurant is based in the Shoreditch area of East London. Offering a unique, cozy, casual, and intimate atmosphere inspired by a Japanese izakaya, the restaurant enjoys incredibly positive feedback from their clients, with the restaurant having a 4.4-star average on Google reviews.
Under the restaurant’s current ownership, they have expanded to attend events and host pop-ups in other locations. Additionally, the current owners believe that the restaurant is in a great position to expand further to work with hotels or by franchising their brand. As such, from the perspective of a potential purchaser, this business provides a variety of opportunities and advantages.
Highlights
- Excellent reputation within the local area.
- A unique experience for customers.
- Exciting potential for growth.
- Has enjoyed excellent success with pop ups and events.
- Hosts an array of events throughout the year including chef’s table evenings and live music nights.
- Very positively reviewed by both customers and critics.
- High rate of return customers.
Opportunities
- Potential to become a franchise.
- Developing market condition.
- Opportunity to grow via boosting brand recognition.
Location
185 Bethnal Green Road, London, England, E2 6AB.
Premises
Bar & Restuarant, located in a highly populate area of Shoreditch.
Tenure
The premises from which Issho-Ni operates are retained on a leasehold basis.
Hours
The business trades all the year round.
Staff
Further staffing information can be made available upon request.
Financial Profile
- In 2022 turnover IRO £600K.
- 100% share capital.
Contact Agent
Listing Statistics
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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.
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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.
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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.'.
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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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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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Contact seller
Advert pending deletion
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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