Mediterranean restaurant with bar for sale in East Kilbride South Lanarkshire
East Kilbride, South Lanarkshire
- Status
WITHDRAWN
- Advert ID
637026
- Leasehold: Offers Invited
- Rent: £10,000 (£833 per month)
- Turnover: £185,000 (£3,558 per week)
- Profit: On request
Business Details
Mediterranean and Italian cuisine with bar and sweet section
Mediterranean Restaurant for Sale in East Kilbride
Located in Westwood Square, this Mediterranean and Italian restaurant combines a sophisticated dining experience with a lively bar and an appealing dessert section. Established just three months ago, the restaurant has already begun to attract a growing customer base.
Ambiance and Offerings
The restaurant boasts a stylish interior featuring wooden paneling and elegant lighting that creates an inviting atmosphere. Guests can enjoy a comprehensive selection of wines and spirits, ensuring the perfect pairing for every meal. The menu is uniquely designed with gold detailing, reflecting the quality and care put into the dining experience.
Comfortable and Versatile Seating
Seating arrangements are comfortable and accommodating for various group sizes, making it an ideal place for both intimate dinners and larger social gatherings. The overall ambiance is designed to foster enjoyable dining and promote social interactions.
Business Details
This new venture has been owned for approximately a year, though it officially opened its doors three months ago. The restaurant currently employs seven staff members to ensure high-quality service.
Location and Nearby Amenities
This establishment is conveniently situated near a variety of amenities, including a shopping center, Spar, Tesco, a pharmacy, barber shop, Beatty, tattoo parlor, fish and chips shop, and an Indian grocery. These nearby facilities help draw in customers looking for a comprehensive shopping and dining experience.
Financial Overview
The leasehold is available for £200,000, with a current turnover of £260,000. The annual rent amounts to £10,000.
Reasons for Selling
The owner is a postgraduate student and finds it challenging to dedicate sufficient time to manage the restaurant effectively, leading to the decision to sell.
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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.
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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.
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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