FOR SALE
627172
Discover an exceptional opportunity to own a fully fitted restaurant and takeaway with a spacious function room for private events and parties. This versatile venue, ideally suited for a range of culinary styles including karahi and Turkish restaurants, is primed for someone looking to enter the restaurant industry.
The restaurant is located on the main Stratford Road in Birmingham, a prime high street location known for attracting a steady flow of customers due to its proximity to various shops, restaurants, and public services. The business, established for 15 years, offers a ready-to-trade setup with a well-equipped kitchen featuring modern appliances and stylish decor. The interior can accommodate up to 100 people at a time and offers separate dining and coffee areas to ensure versatility.
With ample natural lighting and an inviting ambiance, this restaurant provides an excellent platform for a new, enthusiastic team to elevate its current offerings. Previously, the establishment thrived as a breakfast and lunch venue, achieving weekly sales of £4-5k. Although now requiring some tender loving care (TLC), it presents a cost-effective startup potential with negotiable lease terms.
The leasehold is affordably priced at £45,000, and the annual rent is £36,000, equating to £3k monthly. Impressively, the current turnover stands at £234,000. The sale includes all fixtures, fittings, and stock, eliminating any initial setup hassles. The reason for selling is due to commitments to other businesses, making this a rare opportunity to embark on a rewarding venture in a vibrant neighborhood. Offers are invited for this prime location, which also holds potential for alternative business uses.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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