Thriving Wimbledon Restaurant and Wine Bar Specialising in British Cuisine for Sale
Wimbledon, London
- Status
FOR SALE
- Advert ID
622656
- Rent: £48,000
- Turnover: £156,000 (£3,000 Per week)
- Net Profit: On request
Key Features
- Close to Local Amenities
- Company for Sale
- New Lease
- Small Business
- Prime Location
- Accounts Available
- Offers Invited
- Attractive Business
- Established Business
Business Details
Popular Restaurant and Wine Bar in Wimbledon
A thriving, already established restaurant and wine bar currently specialising in seasonal, British small plates. Extremely popular with locals and the surrounding South London area, the restaurant in April 2024 and has since had 5 star ratings on Google and Open Table, with returning customers time and time again.
Newly renovated, with £170k spent on the front and kitchen. The restaurant has a main dining area seating up to 30, and a bar area seating 20. A fully stocked bar, with a draft beer system installed and backroom storage for wine and spirits. The kitchen boasts a separate walk-in fridge and freezer, huge kitchen prep area with convection ovens, fryers, service gantry, washing area, utensils as well as a seperate second prep area behind which can be used for storage or food preperation.
You would be buying a fully established business, you could begin trading the very next day. There is huge opportunity to also increase revenue.
The lease is up for renewal in March, so a great opportunity to establish your own terms with the landlord who is extremely friendly and helpful, and the rent is also up for negotiation. If the business was purchased before March, you would benefit from the rental being paid up until March, included in the price (potentially 3 months rent paid in advance).
If the current owner isn't able to find a buyer, she will be continuing the lease after March as she is reluctant to sell such a lucrative business and investment, it is only that she is having medical treatment next year and needs time for herself.
All accounts available to view. Social media, branding, website and domain aailable for purchase, or you are welcome to re-name yourself.
Premium - £90,000 (price negotiable)
Available for short or long rental lease, with the option of just paying the rent per month without commitment to buying the lease.
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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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