Prime Location Italian Restaurant For Sale in Cardonald, Glasgow
Cardonald, Glasgow
- Status
FOR SALE
- Date Submitted:
07/10/23
- Advert ID
600803
- Leasehold: £90,000 (Stock at valuation)
- Rent: £18,000
- Turnover: On request
- Net Profit: On request
Business Details
Italian Restaurant for sale in prime location
There is an established Italian restaurant for sale in Cardonald, Glasgow. The business, which has been operating successfully for three years, has been under my proprietorship since its inception. Strategically located near Rangers football stadium and along a main road, it faces little to no competition locally. The working hours are from 4 PM to 12 AM six days a week, excluding Tuesdays. The restaurant has a dedicated team of four employees.
The leasehold price for the business is £90,000. All fixtures and fittings of the restaurant are included in the sale. While the current turnover is available on request, it should be noted that the turnover has been on the rise over the past year.
The operations of the restaurant are well-facilitated, with functioning partnerships with food delivery platforms such as JustEat, UberEats, and Deliveroo. We also maintain a robust online presence with a well-functioning website from which we take orders.
As the current owner, I am relocating abroad which is the primary reason for selling the business. However, we understand the challenges of taking over a new business. Therefore, we are willing to offer training opportunities to the new owners to ensure a smooth transition.
For complete details about this business and potential ownership, please contact me.
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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.
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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.
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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.
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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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