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CONFIDENTIAL
FOR SALE
640786
This highly-rated restaurant located in Grantham, Lincolnshire, presents a fantastic opportunity for any aspiring restaurateur or investor. With a capacity of 44 covers, the establishment has built a strong reputation over 13 years of successful trading, making it a well-established fixture in the local dining scene.
Situated conveniently within the town centre and close to the railway station, the restaurant benefits from a high volume of foot traffic and accessibility. These nearby amenities make it an attractive destination for both locals and visitors, ensuring a steady stream of customers and contributing to the restaurant's impressive longevity.
Included in the sale are essential fixtures and fittings, which comprise a pizza oven, a cooker, a cold room, several fridges and freezers, as well as a fryer. This complete setup allows for a quick transition for new ownership without the need for significant initial investment in equipment.
The leasehold price for this thriving business is £45,000, with an annual turnover of £120,000. The current rental cost is set at £15,000 per annum. The current owner is selling to relocate, presenting a unique chance for someone new to take over an established, well-rated restaurant.
Business Overview
With a solid track record and a loyal customer base, this restaurant stands out as an excellent investment opportunity. The long-standing reputation, coupled with its prime location, underscores its potential for continued growth and success in the heart of Grantham.
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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