Restaurant and cafe for sale in Llandudno with a late-night license and seating for 80
Llandudno, Conwy
- Status
FOR SALE
- Advert ID
632140
- Leasehold: £97,000
- Rent: £25,000 (£2,083 per month)
- Turnover: £400,000 (£7,692 per week)
- Profit: On request
Key Features
- Town Centre location
- Fully Fitted
- Accounts Available
Business Details
Restaurant & Cafe for sale Llandudno
For sale is a leasehold restaurant located in Llandudno, Conwy, known as Dinos Restaurant. This establishment is a popular choice among both locals and tourists. It boasts a music license and a late-night license that allows operations until 4:00 AM, seven days a week, presenting a valuable opportunity for potential buyers to consider.
Dinos Restaurant offers 80 seats both indoors and outdoors, making it one of the top dining establishments in North Wales. The business has successfully catered to a diverse clientele, providing dine-in, takeaway, and delivery services, which has contributed to its rising popularity.
The business has been established for five years, during which the current owner has also operated it. There is a notable increase in turnover year over year, with a reported turnover of £400,000. The current annual rent for the premises is £25,000, and valuable fixtures and fittings are included in the asking price, which is available upon request.
Situated in the town center, the location attracts customers with proximity to various amenities, including shops and other restaurants. The business currently employs three part-time and three full-time staff members, ensuring smooth operations. Additionally, it has an online presence through Just Eat, enhancing its accessibility to customers.
As the owner is looking to sell due to managing multiple restaurants and wanting to focus on other sectors, training opportunities will be offered to the new owners for one week to ensure a seamless transition. Accounts are available for review, providing potential buyers with insight into the business's performance.
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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.
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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.
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.
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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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