Thriving Multi-Site Steak Restaurant Chain Available in North West UK
Undisclosed, Lancashire
- Status
FOR SALE
- Advert ID
632567
- Reference
2925 / Rightbiz
- Call Agent:
- Leasehold: £2,250,000
- Turnover: £5,600,000 (£107,692 per week)
- Profit: Not Applicable
Key Features
- Established Business
- Company for Sale
- Attractive Business
- Accounts Available
Business Details
Multi Site Restaurant Chain For Sale North West UK
Sovereign are delighted to market four immaculately presented specialist steak restaurants with contemporary, state of the art cocktail bars.
4 x immaculately presented specialist Steak Restaurants with contemporary, state of the art Cocktail Bars.
Each establishment has been creatively designed to an impeccably high standard, giving a remarkable, memorable dining experience, and ensuring customer loyalty.
Being the steak specialists that they are, the restaurants serve the best quality beef which is sourced from their very own wholesale butchery and supply chain company. This dedicated production facility makes all their proprietary food products to the highest of standards.
Serving everything from tender steaks, ribs, and burgers right through to specialty vegetarian options, each restaurant caters to a range of customer tastes.
The Cocktail Bars further enhance the dining experience and attract a regular and enviable customer base for both food and drinks.
All restaurants are fitted with fully equipped commercial kitchens. These incorporate the usual stainless steel preparation areas, fridge freezers and gas cookers along with custom built grills that allow for a unique cooking process that creates an incredible taste profile.
Collectively, the restaurant chain generates an impressive annual net turnover of circa £5,600,000 across 3 restaurants and its wholesale division. A 4th restaurant has recently been set up and the rent agreed on this is £50,000 base rent with a top up to 5% of net turnover. This also includes 9 months rent free and a capital investment from the landlord.
An appointment to view comes highly recommended.
- Enviable customer base
- Limited company share sale
- Sought after locations
- Excellent opportunities for further growth
- Impeccable interior design
- Lucrative opportunity for someone in hospitality
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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.
Be safe, use a Rightbiz Solicitor
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