Profitable Asian Restaurant in Busy Area of Ipswich, Suffolk with Low Rent and Flexible Lease for Sale
Ipswich, Suffolk
- Status
FOR SALE
- Advert ID
615286
- Leasehold: £89,999 (Stock at valuation)
- Rent: £20,500 (£1,708 per month)
- Turnover: N/A
- Net Profit: On request
Key Features
- Offers Invited
- Unique Business
- Potential for Alternative Use
- Established Business
- Fully Fitted
- Prime Location
- Price Reduced
- Price Further Reduced
- Retirement Sale
- Town Centre location
Business Details
Restaurant for sale, Can be used for other cuisines..Reduced !!Low rent rates in busy area
An established Asian Restaurant is up for sale with 12 yrs renewable lease, this is a result of the owner eyeing retirement. The market is priced at £99,000 and offers attractive features such as a good profit level and low rent. The buyer will inherit a business with an -year lease in place. The restaurant operates within short opening hours, providing ample scope for higher turnover if business hours are extended.
The sale includes a profitable business line that can be expanded with access to the alcohol license. Also, the new owner has the flexibility to add other country lines to supplement the current product line. Training is provided during the transition period to ensure a smooth change of ownership.
The restaurant is well-stocked with items to suit diverse Asian culinary tastes, including could add a focus on Japanese and Korean cuisines. .
Also this is a good opportunity to even change this restaurant to other cuisines like Indian / Turkish/ Pizza /Burger/ Japanese / Korean in a prime spot and nightlife area
This is an opportunity not to be missed, the first to see will buy. You will be stepping into a business that is already financially sound and offers significant opportunities for expansion.
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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.
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.
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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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