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Fully Furnished, Famous Thai Restaurant with 44-Cover Space for Sale in Bath Somerset

Bath, Somerset
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  • Status

    FOR SALE

  • Date Submitted:

    09/07/24

  • Advert ID

    614038

  • Leasehold: £65,000
  • Rent: £36,000
  • Turnover: £233,000 (£4,481 Per week)
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Price Reduced

Business Details

Thai Restaurant for sale Bath

A renowned Thai Restaurant situated in Bath is on the market. This operational enterprise comes equipped for the new proprietor to seamlessly transition and continue the business. If necessary, the current owner can provide training during the handover.

The premises consist of a fully furnished 44-cover restaurant, inclusive of a bar area, ornamented traditionally in Thai Decor. The property boasts an extensive kitchen that includes a separate preparation and washing area. The sale of this property includes the current lease, along with all fixtures and fittings, providing a ready-to-go setup for the new owner.

The kitchen is well-stocked with 4 fridges, 6 freezers, a 5 burner wok station, a 4 ring gas cooker, 2 microwaves, and a deep fryer. Additionally, the business has recently incorporated a new EPOS system and launched a new website, contributing positively to the business's turnover. Financial figures, in fact, reveal a boost in the turnover for the 22-23 period, indicating a positive growth trend.

The leasehold for this rare offering in Bath, Somerset, is listed at £65,000. The asking price is inclusive of all inventories and the business currently boasts a turnover of £233,000. The owners are open to negotiations and assert a reduced price. This opportunity presents an established and functional business, presenting significant advantages to any prospective buyer.

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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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