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Top-Rated Family-Run Restaurant Business in Clitheroe Lancashire for Sale

Clitheroe, Lancashire
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  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611254

  • Reference

    RB10586 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £74,950 (Stock at valuation)
  • Turnover: On request
  • Net Profit: £85,000

Key Features

  • Close to Local Amenities
  • High Turnover
  • Established Business
  • Fully Fitted
  • Accounts Available
  • Attractive Business
  • Town Centre location
  • Prime Location

Business Details

Popular, Established, Family Run Restaurant Business

Alan J Picken are delighted to offer this popular, established, family-run Restaurant business onto the market.

The business is run from a magnificent single fronted premises with attractive interior and well-chosen high-end fixtures, fittings and equipment, available on lease, it’s fully licensed, offering an excellent daytime and evening dining experience in the heart of Clitheroe, Lancashire.

Since opening the business 2017, our client has established and maintained a loyal and local clientele as well as attracting tourists and those from further afield. The business has an outstanding reputation in the area. In fact, the business has been rated #1 on TripAdvisor for Restaurants in Clitheroe.

Currently trading Wednesday to Saturday, there’s scope to extend working hours throughout the week to maximize the full potential of its prime location and excellent reputation. There is also scope for the restaurant to be hired for functions/parties for birthdays and other celebrations for additional income.

Takings in excess of £7,500 per week.

Gross Profit circa 57%.

Adjusted Net Profit circa £85,000 per annum.

Further turnover details available upon viewing.

We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to exploit the full potential and derive maximum profits. Our clients ensure that they will give every assistance to ensure a smooth transition.

Business £74,950 SAV

Leasehold.

Lancashire.

Reference. RB10586

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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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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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The data showed regarding this advert 'Popular, Established, Family Run Restaurant Business - RB10586 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.