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Authentic Turkish Mediterranean Cuisine Restaurant for Sale in High Barnet, London

High Barnet, London
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Turkish restaurant for sale in High Barnet  Photo 1
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Turkish restaurant for sale in High Barnet Turkish restaurant for sale in High Barnet Turkish restaurant for sale in High Barnet Turkish restaurant for sale in High Barnet
  • Status

    FOR SALE

  • Date Submitted:

    02/03/24

  • Advert ID

    607690

  • Leasehold: £120,000
  • Rent: £30,000
  • Turnover: £380,000 (£7,308 Per week)
  • Net Profit: Not Applicable

Key Features

  • High Turnover
  • Price Reduced
  • Prime Location
  • Small Business
  • Town Centre location
  • Attractive Business
  • Fully Fitted

Business Details

Turkish restaurant for sale in High Barnet

Renowned for its authentic Turkish Mediterranean cuisine, The Olea Turkish Meze and Charcoal Grill is a well-established business currently up for sale. It is conveniently located in High Barnet on a bustling high street adjacent to the local shopping centre.

The restaurant occupies a prime location in the thriving town centre. With its attractive business appeal, it boasts a high turnover with an asking price for the leasehold of £120,000 - though the seller is open to negotiation. Included in this price are all the contained stocks within the business.

The Olea Turkish Meze and Charcoal Grill showcases a modern and sophisticated interior design, enhancing an inviting atmosphere for customers. The 72-cover dining area includes a fully equipped bar, making it versatile for both daytime and evening service. Diners are greeted by a vibrant feature wall adorned with lush greenery, contributing to a refreshing atmosphere.

Intensity of daylight is maximized by a large street-facing glass facade, enhancing the visual appeal of the restaurant's exterior. Aside from its appealing design, the restaurant is also well-regarded for its diverse menu. It successfully caters to various tastes, specializing in Turkish Meze and Charcoal Grill dishes.

This sale offers an outstanding opportunity to acquire a fully fitted, operational business with a reduced price for its prime location. As a small business with a strong turnover, The Olea Turkish Meze and Charcoal Grill presents considerable potential for growth and profitability. With its comprehensive facilities, prime location and thriving turnover, it is an attractive investment for anyone in the catering industry.

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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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