Mediterranean Restaurant and Takeaway in Worksop, Nottinghamshire for Sale due to Owner's Health
Worksop, Nottinghamshire
- Status
FOR SALE
- Advert ID
624956
- Leasehold: £55,000 (Stock at valuation)
- Rent: £10,140 (£845 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: Not Applicable
Key Features
- Offers Invited
- Prime Location
- Small Business
- With Car Park
Business Details
It is Mediterranean restaurant and takeaway in Worksop, Nottinghamshire
This intimate Mediterranean restaurant and takeaway, located in the vibrant town center of Worksop, Nottinghamshire, presents an excellent opportunity for potential buyers. Noteworthy for its outstanding reputation in the area, the restaurant is open to offers. The property is listed at a leasehold price of £55,000 with a current turnover of £312,000 annually and an annual rent of £10,140.
The restaurant boasts a charming and welcoming atmosphere, featuring cozy wooden furniture and decorative lighting. Large windows illuminate the interior with natural light while providing a pleasant street view. Its prime location is marked by visible signage, making it ideal for both dine-in and takeaway services. The establishment has cultivated a loyal customer base and maintains a lively dining ambiance.
Operations have been stable with a history of growth, as evidenced by an increase in turnover over the years. The business has been established for three years and the same owner has been managing it during this period. Currently, there are three employees on the staff, and all fixtures and fittings are included in the sale price. The restaurant is also equipped with a ready-to-use kitchen and visible staff areas. Moreover, the business maintains an active online presence to cater to a wider audience.
The reasons for selling pertain to health issues, but the establishment remains fully operational and ready for new ownership. Additionally, there is potential for alternative use of the space. The restaurant also has the convenience of a car park, enhancing accessibility for customers.
While preparing to pass the torch, the current owner mentions potential growth through the addition of doner kebabs to the menu. Training opportunities may be offered to new owners to ensure a smooth transition and continued success.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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