Turnkey Turkish Restaurant in Prime Mitcham London Location with Daily Operations and Live Entertainment
Mitcham, London
- Status
FOR SALE
- Advert ID
614972
- Leasehold: £150,000
- Rent: £31,000 (£2,583 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: Not Applicable
Business Details
Turkish restaurant for sale
Our restaurant has been operating for three years in McConnell Street, Mitcham, London. We are open every day from 11 am until 10 pm, serving breakfast, lunch, and dinner. As a hub of social activity, we host karaoke nights twice a week and have a live music performance once a week. Alongside our diverse menu, we also have the option of bar service.
We pride ourselves in offering an array of cuisines that include new additions from Persian and Turkish recipes, as well as classic Mediterranean dishes. For customers who would rather enjoy our food from the comfort of their homes, we have made provisions for takeaway services and partnered with delivery platforms such as Just Eat, Uber Eats, and Deliveroo.
Our restaurant, comfortably accommodating up to 100 guests, stands out among the rest in the locality due to our loyal customer base. We have the pleasure of hosting several local birthday parties and events.
Currently, our restaurant is up for sale with a leasehold price of £150,000. In the previous financial year, we achieved a turnover of £364,000. All stock will be included in the sale price and we are open to negotiations.
The buyer will be taking over a fully equipped bar that offers a diverse selection of drinks, as well as a cozy seating area for patrons. The dining area is spacious and elegantly decorated, featuring modern furniture, ambient lighting, and even an outdoor seating option. The commercial kitchen is well-maintained, equipped with high-grade appliances and ample storage space.
Our prime location boasts a welcoming storefront, making it an attractive business venture. With an established reputation for our Mediterranean cuisine and a warm, inviting interior design, the restaurant is a turnkey operation, ready for the next owner.
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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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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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