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CONFIDENTIAL
FOR SALE
632251
We have a well-established Indian takeaway available for sale in Canvey Island, Essex. This thriving business has been in operation for 27 years, and I have owned it for the past 8 years. The leasehold price is £35,000, with a current turnover of £114,000 and an annual rent of £5,748. The business is fully fitted and located in a prime area, making it an attractive opportunity for potential buyers.
There is significant potential for growth in this takeaway. By expanding your delivery radius to within 4 miles, you can attract more customers. Additionally, consider diversifying the menu by incorporating popular items such as fried chicken, chips, grilled foods, and burgers. Such additions could enhance your business's appeal and increase revenue.
Currently, there are no serious competitors in the area, providing an advantageous position for new ownership. The sale includes all fixtures and fittings, ensuring a smooth transition for the new owner. Over the past year, there has been an increase in turnover, indicating a healthy business trajectory.
The business operates five days a week, from Wednesday to Sunday. However, opening seven days a week could further boost profits. We will provide training opportunities for the new owners to ensure a successful handover and to help them capitalize on this potential.
The decision to sell is driven by other commitments, which means this opportunity could be your chance to own a thriving business with an established clientele and a solid foundation.
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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