Licensed Restaurant BeefnBuns & Haus of Deserts for Sale in Solihull West Midlands
Solihull, West Midlands
- Status
FOR SALE
- Advert ID
635158
- Leasehold: £185,000
- Rent: £35,000 (£2,917 per month)
- Turnover: £240,000 (£4,615 per week)
- Profit: On request
Key Features
- Accounts Available
Business Details
Licensed Restaurant for Sale
BeefnBuns & Haus of Deserts
Located in the vibrant heart of Solihull, right next to the Touchwood Shopping Centre, BeefnBuns & Haus of Deserts is a licensed restaurant and takeaway specializing in delicious halal offerings and desserts. This prime location not only attracts shoppers but is also convenient for students from nearby schools and colleges.
Established 2.5 years ago, the business has been successfully operating and has seen a notable increase in turnover over the past year. With an annual turnover of £240,000, the restaurant presents a lucrative opportunity for potential buyers. The leasehold price is set at £235,000, with an annual rent of £35,000. Comprehensive accounts are available for review, providing transparency and insight into the business's financial health.
BeefnBuns & Haus of Deserts operates through six online platforms, ensuring a broad reach and robust online presence. The restaurant is equipped with all necessary fixtures and fittings, included in the sale price. Currently, the establishment is supported by a small team of three dedicated employees, all of whom will remain during the transition to new ownership.
The local area features a variety of amenities, including shops and restaurants, which enhance customer traffic. Competition in the region is manageable, particularly due to the restaurant's unique position as a licensed halal establishment. The decision to sell has been driven by personal circumstances, requiring the current owner to provide care for a family member.
For prospective buyers, the current owner is willing to offer training opportunities to ensure a smooth transition. This is an exciting opportunity to acquire an established restaurant business in a bustling location, ready for new ownership to further its success.
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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.
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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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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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