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CONFIDENTIAL
FOR SALE
620820
The Indian Restaurant & Takeaway in Walton on Thames is available for sale. This profitable business, conveniently located in the town center, has been established for more than 15 years. The current owner has overseen its operations for less than a year.
Business Location and Amenities
The restaurant is advantageously situated near a couple of popular pubs and enjoys the picturesque view of Riverside, which undoubtedly attracts more customers. Its prime location brings in high foot traffic, making it an attractive business venture.
Competition and Market Presence
While there are other restaurants in the area, the primary competition is another Indian restaurant. However, this doesn't stop the business from flourishing, as it has successfully established a remarkable online presence and consistently attracts customers.
Resources and Assets
The restaurant is fully fitted with all necessary equipment and implements, including tables and chairs, all of which are included in the sales price. The business currently utilizes the skills and expertise of five employees to ensure smooth operations.
Financial Information
The leasehold price for this business is £50,000. The business boasts an impressive turnover of £182,000. All stocks are included in the sale price. Prospective buyers should be aware that the annual rent is to the tune of £18,500.
In conclusion, this is a opportunity to acquire an established and operational restaurant with a new lease, high turnover, and a prime location that will ensure the continued success of this business.
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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