Malibu Restaurant & Lounge for lease in Birmingham, featuring Pan-Asian cuisine and shisha.
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
638484
- Leasehold: £150,000
- Rent: £36,000 (£3,000 per month)
- Turnover: £36,000 (£692 per week)
- Profit: On request
Key Features
- Accounts Available
- Unique Business
- Central Position in Affluent Village
- Attractive Business
Business Details
Malibu Resturant & Lounge. New online Viral Resturant
Discover a premier fine dining experience at our bespoke Pan-Asian Restaurant and Shisha Lounge, which accommodates up to 250 guests. This vibrant venue features brand-new fittings and has quickly become a viral sensation on social media, attracting a diverse clientele.
Located just a five-minute drive from the city center, our establishment benefits from its proximity to various shops, restaurants, and public services that draw in customers. The area boasts no other shisha lounges or comparable restaurants, providing a unique advantage in the local market.
The business has shown a positive trend, with turnover increasing over the past year. We currently employ a dedicated team of 20 staff members. With an established online presence on platforms like TikTok and Instagram (@malibubirmingham), the restaurant is poised for further growth.
We are offering a leasehold opportunity, with the asking price available upon request. The annual rent for the property is £36,000. This sale is prompted by our desire to relocate to a larger space, ensuring continued expansion and success.
Included in the sale are all necessary fixtures and fittings, and we are committed to providing training opportunities to the new owners to ensure a smooth transition and ongoing success.
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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.
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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.
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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.
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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.
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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.'.
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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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