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Iconic St. Ives Restaurant in Prime Location with High Annual Turnover for Sale

Huntingdon, Cambridgeshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    615334

  • Asking Price: £75,000
  • Turnover: £600,000 (£11,538 per week)
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • High Turnover
  • Offers Invited
  • Prime Location
  • Attractive Business
  • Company for Sale

Business Details

Iconic Restaurant for Sale in St Ives

We are seeking an experienced restaurateur to assist our iconic restaurant in St. Ives to reach its full potential. This presents a unique opportunity for anyone willing to invest in growing this established British restaurant. The business is located in a prime location at the heart of Huntingdon Cambridgeshire town center.

Currently, the restaurant has an impressive annual turnover of £600,000. As a prospective buyer, you can rest assured that this is an established, lucrative business with an attractive offering. We are flexible with the terms of the sale, including accepting personal guarantees as an alternative to cash transactions.

The purchase price will include all stock currently in the restaurant, adding tremendous additional value. We are open to negotiation and will consider all reasonable price offers. This is an excellent opportunity to acquire a flourishing restaurant business in a prime location.

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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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