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CONFIDENTIAL SALE
FOR SALE
14/09/23
599466
Located in Upton Park, London, this long-established English restaurant, fused with Indian cuisine, has been serving the community for the past twenty years. Started as a family-run business, I purchased the avenue and have had the pleasure of being in ownership for the past year.
The heart of this establishment lies within its prime location. Just a five-minute walk away from Upton Park station on the main road, we soak in the bustling energy and footfall the area offers. Our advantage in the market is amplified by the absence of any substantial competition locally.
An offer of £280,000 is expected for the leasehold. Seeing a current turnover of £400,000, we are open to discussing the nearest offers. The deal includes all fixtures and fittings currently in place, taking care of most requirements a restaurant entails.
Notably, our business has been growing steadily over the previous year. Our decision to incorporate Indian cuisine into our menu has resulted in a significant increase in both our turnover and trade numbers.
Unfortunately, due to my manager's decision to relocate overseas, the management is not in place to continue running the restaurant.It would ideally suit a new owner who is interested in running the establishment themselves.
The restaurant operates seven days a week from 8 am to 10 pm. We offer breakfast services starting from 8 am until 4 pm, subsequently transitioning to our evening menu from 4 pm to 10 pm.
Currently, our staff includes a manager, two waiters, and two chefs. Our presence on food delivery platforms - UberEats, Justeat, and Deliveroo - is robust, and brings in a considerable portion of our trade.
For the convenience of the new owners, we are also offering training to ensure a smooth transition. Further growth and expansion could be attained by utilising the already present license for shisha.
For more detailed and complete information regarding this unique business opportunity, 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.
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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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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