Thai Boutique, Popular and Highly Rated Restaurant with 5-Bed Accommodation for Sale in Alton, Hampshire
Alton, Hampshire
- Status
FOR SALE
- Date Submitted:
05/02/24
- Advert ID
606295
- Reference
B07435 / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: £142,990 (£2,750 Per week)
- Net Profit: £13,956 (10% Profit margin)
Business Details
Highly rated Thai restaurant with accommodation for sale
BusinessPlease quote reference B07435
CoGoGo are delighted to welcome to the market Thai Boutique, a highly rated Thai restaurant in Alton, Hampshire.
Thai Boutique has now come to the open market due to our clients desire to move on.
Thai Boutique is a traditional restaurant that specialises in thai cuisine. The business is the number 1 thai cuisine restaurant in Hampshire. The 50 cover restaurant also includes the 5 bed living accommodation above.
The business was first established by our clients in 2018, building up an excellent reputation and repeat customer base. As seen by the online ratings and reviews, the business is extremely popular within the local community.
Key selling points -
- Outstanding reputation
- Low overheads
- 5 Bed living acommodation included
- Huge scope for expansion
- Handover period offered
- Excellent location - high footfall
- Offer a delivery service
- Promote business further
- Increase marketing
- Expand the menu
- Increase trading hours
Location
Thai Boutique is located on Normandy Street, in the town centre of Alton, Hampshire.
The business has eye catching signage and receives high levels of footfall and passing trade.
Premises
Ground floor -
- Service area
- Kitchen area
- 50 Covers
- Storage space
- 5 Bed living accommodation
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £26,000 per annum.
Hours
The current trading hours are -
Monday to Saturday – 6:00pm – 11:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by the owner, with the help of 4 part-time members of staff.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £142,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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