Profitable Traditional Restaurant in Prime Croydon Location For Sale
Croydon, London
- Status
FOR SALE
- Advert ID
624543
- Reference
B08496 / Rightbiz
- Call Agent:
- Leasehold: £99,995
- Turnover: £120,000 (£2,308 per week)
- Profit: £36,000 (30% Profit margin)
Business Details
For Sale: Thriving Traditional Restaurant For Sale
BusinessPlease quote reference B08496
CoGoGo presents a well-established multi-cuisine restaurant for sale in Croydon.
Located in a prime area, this traditional restaurant offers a unique dining experience with four distinct food outlets under one roof – The Trending Table, Greek Boys, Korean Crunch, and more! Whether it's Greek comfort food, trendy eats, or savoury Korean dishes, there's something for every craving.
Key Details
- Ownership: Sole Trader
- Years in Business: 2 years
- Turnover: £120,000
- Net Profit: £36,000
- Assets Value: £10,000
- Licenses: A3 Alcohol License
- Reason for Sale: Due to distance from home, the owner is seeking to move on.
- Established and growing customer base
- Well-reviewed for its diverse and exciting food options
- Great location with loyal clientele
- Potential for expansion or adaptation of food outlets
This is an ideal opportunity for an enthusiastic operator to take over an already profitable and established business. With a solid net profit and great assets, you can step in and continue operations smoothly.
Interested? Contact us today to learn more about this amazing opportunity!
Location
The Trending Table is located at 158 Gloucester Rd, Croydon CR0 2DG.
Premises
The Trending Table, based in Croydon, stands out with its double-fronted premises and eye-catching signage that draws in passersby. Offering both indoor and outdoor seating alongside a well-designed service area, it creates a welcoming and versatile space for diners.
Tenure
This business is being sold on a Leasehold basis on a 12-year lease with 10 years remaining on the lease.
The current rent is £1,000 per month (0 Business Rates).
Hours
The current operating hours are:
Monday to Saturday - 12:00 pm to 10:00 pm
Sunday - 11:00 am to 8:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £120,000. Full financials can be made available upon request.
Contact Agent
Listing Statistics
Advert Statistics Graph
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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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