Restaurant for sale in Prestwich Manchester with a diverse menu and welcoming atmosphere since 2010
Prestwich, Manchester
- Status
FOR SALE
- Advert ID
637486
- Leasehold: £75,000 (Stock at valuation)
- Rent: £60,000 (£5,000 per month)
- Turnover: £600,000 (£11,538 per week)
- Profit: £598,000 (100% Profit margin)
Key Features
- Adjacent to Multiple Retailers
- Open Plan Trading Area
- Accounts Available
- Retirement Sale
Business Details
Successful and profitable restaurant business for sale
The business is well established and has been consistently serving good food in Prestwich since 2010
The current menu consists of succulent steaks, hand crafted burgers and slow cooked ribs, chefs creations such as Massaman Curry and Sriracha Chicken Kebab. More details are on the webiste
It is fully licensed
It has a solid customer base and a huge amount of goodwill
The business is trading at around £13.5 k gross (£11.5k net) per week.
The current gross profit is 75% for both food and drink.
The name of the business is not included in the sale.
Transfer of the satff will be by TUPE
The stock of food, beers wines and spirits can be purchased at cost.
If you don't want the stock we will transfer it to another site.
The lease is due for renewal in October 2028 - renewal is assured.
The menu is wide, varied and able to adapt to current trends and will remain
The premises are well fitted and very attractive
There are 96 covers in the restaurant
There is also pavement space outside for a further 30 covers
It has a good sized bar with space for 15 to 20 guests to wait as well as some overflow dining tables
The kitchen is well appointed and serves directly in to the restaurant
The kitchen equipment in good condition and has been well maintained and serviced
On the mezzanine level there is an office, staff room, storeroom and public toilets
There is a rear goods and deliveries entrance
The location has good 24 hour security
Ther is a pay and display car park to the front of the restaurant
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Stay Safe
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.
Stay Safe
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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