Restaurant for sale in Edgware Road, Saint Johns Wood, London with modern equipment available.
Saint Johns Wood, London
- Status
FOR SALE
- Advert ID
636055
- Asking Price: £59,000
- Turnover: £187,200 (£3,600 per week)
- Profit: On request
Key Features
- Town Centre location
- Attractive Business
- Prime Location
- Offers Invited
Business Details
Resturent for sale in Edgware Road fully fitted modern equipments
Located on Edgware Road, a takeaway shop is on the market for £59,000. This promising business opportunity is just a 3-minute walk from Edgware Road Station, guaranteeing high foot traffic due to its prime location in the Marylebone area of London.
The shop boasts a modern, fully equipped kitchen complete with high-quality appliances and a spacious dining area designed with contemporary decor. The facility is well-maintained, offering ample seating capacity to accommodate a steady flow of customers, making it ready for immediate operation with all fixtures and fittings included in the sale price.
The business has been established and demonstrates a healthy financial performance with weekly sales ranging from £3,250to £3,600.
It benefits from a steadily increasing turnover, currently reaching a substantial annual total of £169,000.
The premises have recently undergone a refurbishment, with £18,500 invested to enhance its appeal and functionality. With a monthly rent of £3,000, the setup poses an attractive offer for a quick sale as there are no outstanding loans or liabilities against the business.
Additionally, this sale presents a turnkey opportunity in a location with high visibility and consistent customer flow, making it a strategic investment for potential buyers wanting to enter or expand in the vibrant London takeaway market.
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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.
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.
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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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