Turkish Mediterranean restaurant for sale in Chelmsford Essex with a fully equipped kitchen
Chelmsford, Essex
- Status
FOR SALE
- Advert ID
634515
- Leasehold: £150,000
- Rent: £10,600 (£883 per month)
- Turnover: £416,000 (£8,000 per week)
- Profit: On request
Business Details
Turkish Mediterranean
Turkish Mediterranean Restaurant for Sale in Chelmsford, Essex
We are pleased to present a well-established Turkish restaurant in Chelmsford, Essex, available for sale. The business has shown impressive growth, reaching a weekly turnover of £15,000, highlighting its potential for further expansion under the right management. The current owner has successfully operated the business for three years, demonstrating a solid foundation and ongoing profitability.
The restaurant features a fully equipped kitchen with commercial-grade appliances and ample storage space to meet operational demands. The stylish dining area is adorned with modern decor, providing a comfortable setting for guests. Additionally, there is a bar area stocked with a variety of beverages, along with sufficient glassware storage. The clean and accessible restrooms contribute to an enhanced customer experience, and the prime location offers a visual storefront with potential for outdoor seating.
With annual rent set at £10,600 and a leasehold price of £170,000, this opportunity presents a feasible investment. The current turnover stands at approximately £416,000 per year. Notably, there are no direct competitors in the area for Turkish cuisine, providing a unique market presence. Nearby amenities include a Morrison’s grocery store next door, which draws additional foot traffic.
The restaurant currently employs four staff members and is poised for further growth, especially if an online presence is established. This aspect certainly presents an area of opportunity for a new owner or management team to explore.
This is a remarkable opportunity for anyone looking to enter the food industry or expand their portfolio in a bustling area with increasing demand for distinct dining options.
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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.
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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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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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