King of Taste Restaurant for Sale, Serving Pizza, Kebab and Fried Chicken in East Barnet, London
East Barnet, London
- Status
FOR SALE
- Date Submitted:
21/03/24
- Advert ID
608628
- Leasehold: £140,000
- Rent: £4,250
- Turnover: £170,000 (£3,269 Per week)
- Net Profit: £60,000 (36% Profit margin)
Business Details
Pizza kebab and fried chicken restaurant in East Barnet Road London
Greetings, I am the current owner of King of Taste, a restaurant that I am intending to sell due to my commitment to my import-export businesses. Below, I have outlined some important details about this establishment.
King of Taste holds an ideal location, operating from 11:30am to 1:00am, situated on an active high street with excellent visibility. Our proximity to two pubs significantly increases our weekend customer base. We have a team of dedicated staff, comprising of approximately five individuals who cover both day and night shifts.
We offer a versatile menu including pizzas, doner kebabs, burgers, desserts, and fried chicken. We've ensured that the prices are competitive, and we also run multiple lunchtime and collection offers to attract more customers. Additionally, we facilitate transactions through our online presence where customers can place orders for both collection and delivery. To support this, we're also partnered with popular food delivery services like Uber Eats, Deliveroo, and Just Eat.
The restaurant has been trading for seven years and I've been its proud owner for the last year. Due to other commitments, I've found it difficult to provide the necessary attention this business deserves.
Therefore, the sale will include all furniture and fittings, and I am also happy to extend a training program for the new buyer. This is an established enterprise with a bright, attractive shopfront signage that is sure to draw attention and promises steady footfall.
In conclusion, King of Taste offers a great business opportunity for interested buyers, combining a prime location, versatile menu, supportive infrastructure, and steady customer base. We hope to pass this venture to someone who can continue to grow and nourish it.
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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.
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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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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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