Sri Lankan and South Indian restaurant for sale in Croydon, London
Croydon, London
- Status
FOR SALE
- Advert ID
636396
- Leasehold: £90,000
- Rent: £36,000 (£3,000 per month)
- Turnover: £208,000 (£4,000 per week)
- Profit: On request
Key Features
- Potential for Alternative Use
- Established Business
- Attractive Business
- Small Business
Business Details
Sri Lankan & South Indian restaurant for sale in Croydon
Rio Lounge is a family-owned restaurant and lounge known for its authentic Sri Lankan and South Indian cuisine. The business has been steadily growing, with a strong reputation for delicious food, warm service, and a welcoming atmosphere.
We offer dine-in, take-away, and catering services, attracting both regular local customers and new visitors. Over time, Rio Lounge has developed a loyal customer base and continues to show great potential for further growth.
The decision to sell is due to personal circumstances, as our family is relocating to Nottingham. This creates an excellent opportunity for someone to take over a well-established restaurant with a solid foundation and room to expand further
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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.
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.
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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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