Mediterranean Dining Business in Heart of London's Waterloo for Sale
Waterloo, London
- Status
FOR SALE
- Advert ID
612530
- Leasehold: £70,000
- Rent: £25,200 (£2,100 per month)
- Turnover: £300,000 (£5,769 per week)
- Profit: On request
Key Features
- Town Centre location
- New Lease
- Fully Fitted
- Offers Invited
Business Details
Exceptional Dining Business In London’s Waterloo For Sale
Embrace the rare opportunity to own Fifth Element, a distinguished establishment in the vibrant heart of London’s Waterloo. Renowned for its refined atmosphere and commitment to quality, this fusion of mediterranean cuisine restaurant bar offers a symphony of exquisite flavours, ranging from fresh pasta to gourmet burgers and homemade desserts and a cocktails bar that neighbours and tourists love to visit. Praised for its superior service, Fifth Element promises a consistently memorable dining experience.
The sale includes a fully equipped venue with a cozy, inviting ambience, ensuring a seamless transition for the aspiring restaurateur. The current owner is eager to work with the new owner to help maintain the existing operations and wholesales if the new owner wants to.
Digital assets, including website, google business profile with over 300 reviews at 4.7 stars, performant ad campaigns, analytics, booking platforms with also exceptional reviews etc are included in the sale for a smooth performance so that the new owner starts from a good revenue standpoint and focuses their efforts to improve and grow it further instead of starting from 0 and having to assume all the costs involved with building all these assets valued to more than £20K by themselves alone.
GROWTH POTENTIAL:
The new owner can benefit from opening up delivery platforms on top of seated service that the restaurant currently doesn't have. That would increase revenue. There is plenty of expenses that could also potentially be reduced increasing profitability. In summary the new owner has plenty of space to put their personal touches and grow this hidden gem making the current reasonable asking price only a tiny portion of the new business size.
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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.
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.'.
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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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