Prime Location Syrian Restaurant and Takeaway for Sale in Birmingham City Centre
Birmingham, West Midlands
- Status
FOR SALE
- Date Submitted:
29/12/23
- Advert ID
604389
- Asking Price: £35,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Fully Fitted
- Town Centre location
- Large Business for Sale
- Unique Business
- Offers Invited
- Attractive Business
- Close to Local Amenities
Business Details
Syrian restaurant for sale in city centre
Leasehold Restaurant & Takeaway for sale In Highgate.
Arabic Restaurant & Takeaway which is located in the prime location of Highgate which is 5 minutes from the City Centre, Edgbaston, Balsall Heath, Moseley and other surrounding areas. It is a a short walk from the new housing development Belgrave Village and B5 Central.
The business opened its doors in August 2020 and is now being offered for sale due to the family relocation.
Since ownership they have totally refurbished, redecorated and invested in working equipment along with fixtures and fully fitted room shelving which are all bought which is within the sale price which is a huge plus for a new owner with all of the essentials in place to hit the ground running includes large Front Lawn/ BBQ area and seating outside as well as inside beautiful setting .
Equipment on site includes a large walk-in chiller, Large BBQ grill, Food warmers, display machine and warmer and 3 freezers.
Reluctant sale due to family relocation.
Weekly sales are around 8,000, with collections being around 85% and 15 % deliveries. There is a massive scope to develop the delivery service which we can predict going above £10,000 easily. .
We believe that there is further potential to increase revenue should you wish, by extending the current opening times which is 12pm -10pm establishing a greater social media presence to engage with regular customers and followers and by leaflet dropping. The business in a short space of time already enjoys a strong reputation within the local community and beyond and as such has a high level of regular repeat loyal trade along with many passers by.
This is a superb opportunity to purchase a readymade eatery which is a great base to build upon and as such early viewing is highly recommended.
The price which includes fixtures and fittings along with the goodwill is £50.000.
If there are any serious parties who want a running business with huge potential to grow and develop, then this is the one.
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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.
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.
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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.
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.
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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.
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.'.
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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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