Thai & Sushi Takeaway in Catford London for Sale with Conversion Potential
Catford, London
- Status
FOR SALE
- Advert ID
622541
- Leasehold: Price on Application
- Turnover: £300,000 (£5,769 per week)
- Profit: On request
Key Features
- Close to Local Amenities
- Town Centre location
- Small Business
- High Turnover
Business Details
Thai & sushi takeaway for sale
The business opportunity offers a Thai and sushi takeaway for sale, with potential for conversion into a full restaurant. Located in Catford, London, this establishment boasts a spacious interior and a large kitchen, which allows it to operate efficiently with staff alone. The business currently generates a minimum weekly turnover of £7-9k, with the potential to exceed £11,000 weekly.
An attractive financial aspect of this business is that the shop rent is effectively covered by the income from two upstairs flats, thereby alleviating concerns over monthly rent expenses.
Currently, the leasehold is priced at £90,000, and the operation reports an impressive annual turnover of £300,000. The annual rent for the premises is set at £35,000, with all existing stock included in the sale price. This venture is classified as a small business, presenting an excellent opportunity for potential buyers.
For further details, please reach out to the seller.
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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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