Busy American Cuisine Restaurant, Bar & Lounge for Sale in Southend-on-Sea, Essex
Southend on Sea, Essex
- Status
FOR SALE
- Date Submitted:
23/11/23
- Advert ID
603015
- Reference
INT2904 / Rightbiz
- Call Agent:
- Leasehold: £295,000
- Turnover: £1,567,061 (£30,136 Per week)
- Net Profit: £119,364 (8% Profit margin)
Business Details
Busy Restaurant, Bar & Lounge for Sale in the City of Southend on Sea
This is a rare and fantastic opportunity to purchase a popular, thriving restaurant/bar business in the heart of Southend-on-Sea.
Renowned in the city for providing high quality American influenced cuisine, best-in-class cocktails and a trendy, relaxed atmosphere, this well-appointed site operates over two floors and attracts heavy regular local footfall as well as a vast number of tourist visitors to Southend.
The ground floor supports the main restaurant space, offering booth seating and a modern, fast-paced casual dining space. The upper floor lounge and games bar comprises multiple entertainment offerings, including pool tables, shuffleboard, and much more, attracting groups of all ages and providing an ideal setting for private hire.
This profitable business boasts a spacious interior, in a great location, with outstanding local reviews and multiple avenues for further profit increase.
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Listing Statistics
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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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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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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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