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Turn-Key Edinburgh City Centre Restaurant with Prime Location and Well-Fitted Kitchen for Sale

City of Edinburgh, Edinburgh

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    628772

  • Leasehold: £70,000
  • Rent: £36,000 (£3,000 per month)
  • Turnover: £600,000 (£11,538 per week)
  • Profit: £80,000 (14% Profit margin)

Business Details

City centre restaurant for sale in Edinburgh

***price reduced***

A confidential sale opportunity for a city center restaurant located in the bustling heart of Edinburgh. It's a prime location near the Waverley train station, major shopping areas, and theaters, ensuring a steady flow of foot traffic and drawing a vibrant crowd from nearby amenities.

This restaurant boasts 50 covers, including a private dining area, and presents itself in a turn-key condition with a well-fitted kitchen, making it an attractive option for prospective buyers. The establishment has been successfully managed by the current owners for the past eight years, with a dedicated team of 12 employees ensuring smooth operations.

Despite thriving in a lively atmosphere filled with bustling restaurants and bars, the owners have decided to sell due to a change in circumstances. The leasehold price is reduced to £70,000, inclusive of all stocks, with an annual rent of £36,000.

The business maintains an online presence, although the sale remains confidential at this time. Interested buyers can find accounts available for review and are encouraged to submit offers. This opportunity presents an ideal venture for those looking to acquire a small business in a bustling town center location.

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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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