Established African Restaurant Business with Loyal Customers Up for Sale in Newham London
Newham, London
- Status
FOR SALE
- Advert ID
620172
- Leasehold: £95,000
- Rent: £35,000 (£2,917 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Prime Location
- Established Business
- Fully Fitted
Business Details
African restaurant for sale in Barking Road East ham London
The business in question, a fish restaurant cafe, established in 2018, enjoys the patronage of a repeat and loyal customer base. The premises include two storefronts and boast two entrances, while benefiting from an economical rent.
Moving our focus on to an African restaurant business located in the town center of Newham London, which is up for sale. This attractive investment opportunity has an asking leasehold price of £95,000; however, reasonable offers will be entertained. The impressive part of this deal is that the price tag includes all existing stock. Furthermore, this well-established enterprise holds a prime location and comes fully fitted.
Further particulars showcase the notable aspects of this African restaurant, discerned from the provided images. Interior space is abundant, able to accommodate various seating configurations, ranging from booths to chairs suiting different dining experiences. A significant addition is the fully-equipped kitchen. It encapsulates top-range commercial appliances, coupled with stainless steel countertops and an effective extraction system.
The presence of clean, well-maintained restrooms with modern facilities contributes to the overall excellence of the setup. Externally, the restaurant features vibrant orange roller shutters, serving to enhance its visibility. The interior design augments the warm ambiance of the dining area, courtesy of own ambient lighting, crafting an inviting atmosphere for the guests.
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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.
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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.
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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