Up for Grabs! Newly Refurbished, Well-Established Thai Restaurant in Bath Somerset
Bath, Somerset
- Status
FOR SALE
- Advert ID
613878
- Leasehold: £65,000
- Rent: £16,400
- Turnover: £275,000 (£5,288 Per week)
- Net Profit: On request
Business Details
New Restaurant for sale just refurbished in Bath Somerset
A Thai restaurant in the heart of Bath, Somerset is currently up for sale. With an established presence of four years, this business has been personally owned since its inception.
Situated in a bustling residential area, it also caters to a substantial student population. Its strategic position on a busy high street boosts visibility while three nearby supermarkets contribute to a large number of daily footfall in the area.
The leasehold price is competitively set at £65,000 and the current thriving turnover is marked at £275,000. We are open to discussion and will consider nearest offers. One of the distinct advantages this business enjoys is the lack of any direct competition in the local vicinity.
In addition to the physical premises, all fixtures and fittings will be included in the sale, creating an encompassing package for the new owner. The business has illustrated its potential by recording an increase in turnover over the last year.
We are selling this successful venture due to other business commitments. The restaurant operates from 10 am - 10 pm all seven days of the week and is supported by a dedicated team of four employees.
The business structure is well augmented with an existing website. For a tech-savvy buyer, there are further opportunities for expansion by joining online food delivery platforms. In order to ensure a smooth transition, we are also willing to offer training opportunities to the new owners.
For complete details about this amazing opportunity and to discuss the potential of this well-established Thai restaurant, please feel free to contact me.
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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.
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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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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.
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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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