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Greek/Mediterranean Restaurant with High Growth Potential for Sale in Somerset

Undisclosed, Somerset

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/08/23

  • Advert ID

    518427

  • Leasehold: £100,000
  • Rent: £12,000
  • Turnover: £100,000 (£1,923 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Offers Invited
  • Prime Location
  • With Car Park
  • Town Centre location
  • Close to Local Amenities
  • Attractive Business
  • New Lease
  • Central Position in Affluent Village

Business Details

Greek Mediterranean Restaurant with great potential for sale in Somerset

We opened the restaurant in May 22.

In December 22 we had to temporarily close down for several months for very

serious health reasons. It is now re-opened and picking up very nicely but this is the main reason for the sale.

There is no other Greek/Mediterranean restaurant in the town.

There is a big council project (should be done by March 24) that will happen right in front of the store. 

which will give the business further value as it will acquire outside space.

Big area Can sit over 80 people inside and will be able to sit another 20 outside soon.

Worth seeing. Staff still unaware of sale so kindly be very discreet.

Read more

Contact the seller for more details, or book a viewing

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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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