FOR SALE
640657
Discover a remarkable opportunity to own a fully operational and beautifully designed restaurant and cocktail bar nestled in a prosperous neighbourhood of South East London. With a weekly turnover ranging from £9,000 to £10,000, this leasehold establishment has established a loyal customer base and a robust marketing ecosystem, ensuring a steady flow of patrons.
Spanning approximately 2,000 square feet, the restaurant is equipped with a range of impressive features. It holds an A3 licence along with an alcohol licence for both on and off sales, as well as a late refreshment licence. The venue can comfortably accommodate 40 to 45 covers, expanding to 75 guests for events. An attractive all-year heated terrace adds another 20 to 25 covers, making it perfect for al fresco dining throughout the year.
Inside, diners are welcomed by stylish interiors adorned with premium bar setups, designer glassware, and tableware, creating an inviting atmosphere. The establishment benefits from two fully equipped kitchens—one hot kitchen and a complete cold section upstairs—allowing for diverse culinary offerings. With a professional trained team available to stay, the restaurant truly represents a turn-key operation, ready for immediate trade without the need for additional capital expenditure.
Strategic Location and Community Engagement
Situated close to several bustling local businesses, the restaurant enjoys free parking nearby, further enhancing its appeal to customers. It boasts a strong event trade, featuring private dining, live music, themed dinners, wine evenings, and workshops for children. The thriving local community ensures consistent foot traffic, driven by nearby amenities such as a bakery, hair salon, convenience store, Tesco, and dry cleaners.
Proven Success and Growth Potential
With a current annual turnover of £410,000 and a profit margin of £125,000, the restaurant represents a strong financial investment. The restaurant's inherent capacity for growth complements its established customer base, presenting additional sales opportunities. The leasehold arrangement offers affordable annual rent, making the financial prospects particularly attractive.
Operational Readiness and Online Presence
The business is not only prepared for immediate operation but also boasts a significant online presence. The restaurant has an official website, vibrant social media platforms, and options for online booking, enhancing its visibility and customer engagement across various channels. With six dedicated employees in place, this venue is primed for continued success.
This exceptional restaurant and cocktail bar is part of a professional turn-key development model, where the current owners have successfully established a reputable and profitable venue. As they transition to the next project, this opportunity is ideal for operators, investors, or hospitality entrepreneurs looking for a modern, fully equipped site ready to thrive from day one.
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.
Be safe, use a Rightbiz Solicitor
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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