5-Star Italian Restaurant in Kent for Sale with £6,500 Weekly Turnover and £2,200 Monthly Let
Undisclosed, Kent
- Status
FOR SALE
- Date Submitted:
18/08/23
- Advert ID
518402
- Reference
R1831 / Rightbiz
- Call Agent:
- Leasehold: £195,000
- Turnover: £416,000 (£8,000 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Italian Restaurant for Sale
WE ARE INFORMED by the owner the turnover currently averages £8,000 per week with a gross profit of 65% approx. (10% online sales) FEATURES:5 STAR HYGIENE RATING
£1,200 RENTAL PROFIT
DOUBLE FRONTED PREMISES in the region of 1,050 ft² with bifold doors, industrial non-slip floor, ceiling with spotlights.Tables and chairs providing seating for 50 persons (can be expanded). BAR with seating for 6 persons. 1 draft tap. CCTV system (2 cameras).
KITCHEN with stainless steel extractor unit, 6-burner gas cooker, 2-deck pizza oven, 2-pan deep fryer, grill, microwave, fish fridge, freezer, double sink and drainer, sink, refrigerated making table.
Stockroom with 4 fridges & 2 freezers.
First Floor
Ladies' & gentlemen's toilet with w.c. and wash hand basin
Stockroom ACCOMMODATION:
THE SELF CONTAINED ACCOMMODATION with Electric Heaters, at present let on a shorthold tenancy providing a rental income of £2,400 per month. The accommodation comprises:
3 Bedrooms (2 doubles, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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Listing Statistics
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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.
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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