FOR SALE
636606
Italian Takeaway for Sale in Leeds
An established Italian takeaway business is available for sale in Leeds, West Yorkshire. This opportunity features a prime location with a large store area situated on a busy street. The address is convenient, and the phone number is easy to remember, enhancing customer accessibility.
The takeaway boasts a fully equipped kitchen, complete with a Lincoln Impinger oven and Hobart appliances to facilitate efficient food preparation. The modern kitchen layout is clean and organized, ensuring that cooking stations are well-structured to streamline operations and enhance service delivery.
Business Overview
With 25 years of establishment, this business has been owned by the current owner for 15 years. The area is bustling, with nearby amenities such as shops and restaurants that attract a steady flow of customers. Notably, there is no direct competition from other Italian takeaways in the vicinity, making this a unique market opportunity.
The business includes all necessary fixtures and fittings as part of the sale. There has been a noticeable increase in turnover over the past year, indicating growth potential. Current figures show a turnover of £312,000 with a profit margin of £78,000.
Reasons for Sale and Future Prospects
The owner is selling the business due to retirement plans. There are currently four employees, all contributing to the smooth operation of the takeaway. The business also maintains an online presence, expanding its reach in the digital market.
Asking price for the business is £80,000. The current owner is willing to provide training opportunities for the new owners to ensure a seamless transition and continued success of the takeaway.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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