Successful Greek Restaurant in Barking, London with Licenses and Growth Potential
Barking, London
- Status
FOR SALE
- Advert ID
616092
- Leasehold: £110,000
- Rent: £13,200 (£1,100 per month)
- Turnover: £120,000 (£2,308 per week)
- Profit: On request
Key Features
- Offers Invited
- Price Reduced
- Price Further Reduced
- Fully Fitted
Business Details
Greek restaurant
This traditional Greek restaurant has been operating successfully for nearly two years. Starting from scratch, the restaurant features a fully-equipped commercial kitchen, contributing to its unique and authentic dining experience.
The restaurant comfortably accommodates up to 30 patrons at a time, fostering a cozy and intimate setting for dining. Additionally, the establishment holds both an alcohol license and a front garden license, expanding its range of service.
With a healthy annual turnover of around £120,000, there's potential for further growth. This venture presents an excellent opportunity for individuals well-versed in the restaurant business or those looking to delve into the industry.
The restaurant is located in Barking, London, and is currently on a leasehold sale for £110,000. All stock, presumably including food and beverage inventory and other necessary items for operation, are included in the price. Interested buyers are welcomed to make an offer. The restaurant's complete set-up and well-maintained condition warrant its asking price.
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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.
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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