Thriving Oldham Restaurant with 80 Seats and Exceptional Steaks for Sale
Oldham, Manchester
- Status
FOR SALE
- Advert ID
624277
- Leasehold: £50,000
- Rent: £17,244 (£1,437 per month)
- Turnover: £156,000 (£3,000 per week)
- Profit: On request
Key Features
- Attractive Business
- Close to Local Amenities
- Established Business
- Prime Location
Business Details
Restaurant for sale in Oldham
Seize the unique opportunity to own a flourishing restaurant in a prime location in Oldham, Manchester. Known for its exceptional steaks and inviting atmosphere, this well-established establishment has been a beloved community staple for over 15 years. With high foot traffic and proximity to local amenities, it attracts a diverse clientele.
The restaurant boasts indoor and outdoor seating for 80 guests, a fully equipped kitchen, and a stylishly designed dining area with modern lighting and rustic wooden accents. Its vibrant social atmosphere is complemented by a strong online presence, featuring a large social media following of 5,000 on Instagram and 30,000 on Facebook.
This thriving establishment consistently generates impressive sales and profitability, with a turnover of £156,000 and all current stocks included in the attractive leasehold price of £50,000. The lease comes with an annual rent of £17,244. Nearby amenities, including the Oldham town center and multiple retailers, enhance its appeal.
The restaurant offers a diverse menu that caters to a wide range of dietary preferences, ensuring repeat business and drawing new customers. The sale includes all furniture, fixtures, and equipment, making it an ideal acquisition for an aspiring restaurateur or an experienced operator seeking to expand their portfolio. Currently, it is efficiently managed by a team of five employees, with the owner selling due to other commitments.
Do not miss the chance to own this unique establishment and make it your own. With its prime town-center location and established customer base, it stands as a remarkable business opportunity.
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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.
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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