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Buy Award-Winning International Cuisine Restaurant in Dumfries and Galloway

Undisclosed, Dumfries and Galloway

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    16/11/23

  • Advert ID

    602744

  • Reference

    B07644 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £104,995
  • Turnover: £357,967 (£6,884 Per week)
  • Net Profit: Not Applicable

Business Details

Well established restaurant opportunity for sale

Business
Please quote reference B07644

CoGoGo are happy to welcome to the market an award winning restaurant opportunity in Dumfries and Galloway. 

The business was originally established in 2018, with our client taking over in 2019. As seen by the many fantastic online reviews and ratings, the business is extremely popular and has built up an excellent reputation and regular client base.

They offer great international food and cocktails. Owner and Head Chef has taken the business from its beginnings and developed a thriving and vibrant destination. It has gone from strength to strength over the past couple of years and they're proud to be considered a ‘go-to place’ for a great hearty meal, a warm welcome and some delicious flavours from all over the world.

Their menus will take you on a world tour from the pastas of Italy to the curries of Asia, Mexican fajitas, and burritos, to Scottish Balmoral Chicken.

They cater to all dietary requirements including diabetic, vegetarian and vegan, lactose-free, gluten-free and any allergies and intolerances. And also cater to large parties or events. 

Key selling points -

  • Good location
  • Good takeaway network
  • Popular place when the town have visitors
  • One of the best beer garden in the town
Scope for further growth -

  • Expand the menu
  • Increase advertising/marketing
  • Leaflet/Menu drops within the local area


Location
The restaurant is located in Dumfries and Galloway.

The restaurant has eye catching signage, receiving high levels of footfall and passing trade.  



Premises
Basement -

  • Larger cellar
Ground floor -

  • Dining and bar area
First floor -

  • Beer garden
  • Kitchen area
  • Office space
  • Customer toilets/facilities
 



Tenure
We are advised that the business is being sold on a leasehold basis, with a new lease to be offered to the new buyer. The current rent is £1,520 per month.



Hours
The current trading hours are -

Monday to Thursday - 12:00 - 22:00

Friday to Saturday - 12:00 - 23:00

Sunday - 12:00 - 21:00



Staff
We are advised advised that the business has 15 members of staff. 



Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £357,000. Further financials can be made available upon request. 



Read more

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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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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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The data showed regarding this advert 'Well established restaurant opportunity for sale - B07644 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.