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Prime Central Colchester Essex Location Asian Restaurant for Sale

Colchester, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    603189

  • Leasehold: £29,995
  • Rent: £9,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Town Centre location
  • Attractive Business
  • High Turnover
  • Accounts Available
  • Fully Fitted
  • Prime Location
  • Potential for Alternative Use
  • Established Business

Business Details

Asian restaurant in central location

The business is in a prime location and buyers have the opportunity to bring in their own concepts.

The business on offer is an established restaurant currently located in the town center of Colchester, Essex. This highly coveted location adds significantly to the overall business potential.

The business is a leasehold, with the price set at £29,995. The current turnover is available upon request. Furthermore, the asking price is open for negotiation ensuring potential buyers have some flexibility in the purchasing process.

It's important to note that all stocks on site are included in the asking price. A firm understanding of the business operation can also be acquired as accounts are readily available.

This established business boasts a high turnover, further adding to its investment allure. It is in a prime location within the town center which significantly increases its customer attraction and profitability.

Additionally, there is potential for alternative use. Depending on the buyer's concept, the location can adapt to cater to various other business models as well.

This is an attractive business proposition as the establishment is already fully fitted. Thus, creating an opportunity for transition to new management without significant logistical hurdles. Benefitting any potential buyer who wishes to immediately start operations post-acquisition.

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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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