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For sale is an established fast food business with over 25 years in operation. It's located in the town center of Stoke Poges, Buckinghamshire, a prime location, complete with car parking amenities. It offers a golden opportunity for a profitable investment. The current turnover stands at £900,000 with a profit margin of £270000.
The price of this leasehold business is £650.000, a good investment opportunity with the seller open to the nearest offer. With retirement on the horizon, the current owner is looking to pass on this thriving enterprise to the right buyer. And, the located additional 3-bedroom flat above the business premises can provide an annual income of about £24,000, thus reducing annual rent to as little as £2,000.
The business potential is vast, mainly untapped due to absence of home delivery services. Inclusion of food delivery services, such as Just Eat, Uber Eats, and Deliveroo, could potentially increase the business turnover substantially possibly in excess of £200,000. It's estimated that after introducing these additional services, the initial investment might be recovered within one or two years.
As it stands, this business is well established with high turnovers. Yet, there's potential for even greater profit and growth especially with the introduction of new services. Its prime location and the upcoming owner's retirement make this an excellent investment opportunity. It is the best location in slough with the potential to increase sales.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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