Established Persian-Mediterranean Restaurant for Sale in Prime Bearwood Location
Bearwood, West Midlands
- Status
FOR SALE
- Advert ID
625320
- Leasehold: £90,000
- Rent: £16,900 (£1,408 per month)
- Turnover: £84,000 (£1,615 per week)
- Profit: On request
Key Features
- Accounts Available
- Prime Location
- Small Business
- Unique Business
Business Details
Bearwood Birmingham
An outstanding opportunity awaits with the sale of a fully operational and well-established restaurant located in the heart of Bearwood, Birmingham. This Persian and Mediterranean restaurant benefits from significant foot traffic, making it a prime business venture.
The restaurant boasts a seating capacity of 80 and features a fully equipped kitchen, stylish interior, and an established customer base. It is situated in a prime location with visible signage, which enhances its appeal in this thriving area. Additionally, the attractive exterior design, along with modern elements like air conditioning and efficient lighting, creates a welcoming atmosphere for diners.
With a leasehold price of £90,000, the business presents a potential for further growth and expansion. The current turnover stands at £84,000, with an annual rent of £16,900, making it a financially sound investment. Notably, all stock is included in the price, and accounts are available for review.
Having been established for over five years, this small yet unique business offers opportunities for alternative uses and benefits from being adjacent to multiple retailers in a central town center location. Furthermore, planning consent is available, and potential incentives may be offered. The restaurant employs five staff members and has a developed online presence, adding to its marketability.
Prospective buyers are encouraged to explore this attractive business opportunity, which enjoys a central position in an affluent village and close proximity to local amenities. Serious inquiries only, please.
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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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