Highly-Rated Italian Restaurant and Cocktail Bar in Livingston West Lothian For Sale
Livingston, West Lothian
- Status
FOR SALE
- Date Submitted:
16/02/24
- Advert ID
606874
- Reference
B07832 / Rightbiz
- Call Agent:
- Leasehold: £159,995
- Turnover: £370,000 (£7,115 Per week)
- Net Profit: Not Applicable
Business Details
Italian Restaurant And Cocktail Bar For Sale
BusinessPlease quote reference B07832
CoGoGo welcomes to the market Ristorante La Campana & Cocktail Bar, a highly rated business opportunity in Livingston, West Lothian.
The business was first established by our client in 2022, building up an excellent reputation and regular customer base.
Ristorante La Campana & Cocktail Bar has now come to the open market due to our clients wish to retire.
Ristorante La Campana & Cocktail Bar is an authentic Italian restaurant that offers an exciting blend of traditional and modern italian cuisine with Scottish influences, as well as fine wines, all served in elegant surroundings.
Key selling points -
- Excellent reputation
- High footfall location
- Staff in place
- Scope for expansion
- Extend trading hours
- Increase advertising and marketing
- Look at delivery services via Uber Eats, Just Eat, Deliveroo etc.
Location
Ristorante La Campana & Cocktail Bar is located on Hamilton Square in Livingston, West Lothian.
Premises
- Occupies a well presented and designed unit that is ideal for a restaurant.
- Commerical kitchen area
- Bar area
- 100 Covers
- Ample parking in the area
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 25 year lease. The rent is £57,000 per annum.
Hours
The current trading hours are -
Monday - Closed
Tuesday to Sunday - 12:00pm - 10:00pm
Staff
We are advised that the business has 3 full time and 7 part time members of staff.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £370,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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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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