Thriving Turkish restaurant in Haringey with a modern kitchen and included 2-bedroom flat for sale
Haringey, LondonEst. 16 years
- Status
FOR SALE
- Advert ID
632048
- Leasehold: £250,000
- Rent: £18,000 (£1,500 per month)
- Turnover: £520,000 (£10,000 per week)
- Profit: £170,000 (ROI 68% • Payback 1.47 years)
Key Features
- Retirement Sale
- Established Business
- Accounts Available
Business Details
Established Turkish Restaurant with 2 bedroom flat upstairs included.
Exceptional Opportunity: Established Turkish Restaurant for Sale
This thriving Turkish restaurant, located in Haringey, London, is now available for acquisition. Renowned for its authentic cuisine and vibrant atmosphere, it offers a unique menu that features traditional dishes alongside modern twists, ensuring a distinct presence in a competitive market. With a loyal customer base and a prime location that benefits from high visibility and foot traffic, this establishment has consistently demonstrated strong financial performance and significant growth potential.
The restaurant operates from a cozy dining space that boasts stylish decor and comfortable seating arrangements, ideal for both dine-in and takeaway services. Equipped with a modern kitchen, including top-notch appliances and a traditional grilling area, this venue facilitates efficient operations. Additionally, a mezze bar adds to the dining experience, further enhancing customer appeal.
Key Details:
- Leasehold price: £200,000
- Current turnover: £520,000
- Annual rent: £18,000 (covered by the included two-bedroom flat upstairs)
- Profit margin: £170,000
This is not merely a business venture; it's an opportunity to step into a well-established brand with a dedicated team and a solid reputation for excellence. The current owners are selling due to retirement, having successfully operated the business since 2010.
Nearby amenities such as Tesco and Sainsbury’s attract additional customers, making this establishment an appealing option for prospective owners. The restaurant comes with a team of two employees who contribute to its ongoing success.
Don’t miss out on this remarkable opportunity to own a piece of culinary success. Contact us today to learn more!
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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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