Restaurant, bar, and takeaway for sale in Bearwood, West Midlands
Bearwood, West Midlands
- Status
FOR SALE
- Advert ID
640814
- Leasehold: £85,000
- Rent: £18,000 (£1,500 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: £150,000 (42% Profit margin)
Key Features
Business Details
Restaurant, bar & takeaway 3 in 1
This is an exceptional opportunity for investment, whether you're an experienced entrepreneur or someone new to the industry. The establishment has a proven track record of generating significant profits, making it an enticing prospect for those serious about expanding their business revenue. The team of employees is well-trained, and the location boasts a prime position within one of Birmingham's busiest high streets, attracting a loyal customer base. It is with great reluctance that we offer this business for sale, as we are relocating to Europe. We are seeking only serious inquiries from potential buyers and are committed to providing comprehensive support and guidance to prospective investors.
The business has been successfully operating for seven years, with the current owners at the helm for three years. During this time, they have seen a steady increase in turnover, highlighting the growth potential for the right investor. The establishment operates as a combined restaurant, bar, and takeaway, providing a diverse income stream that can further enhance profitability. It is strategically located near numerous shops and amenities, which draws in an even larger clientele.
Key Business Details
This Indian restaurant, located in Bearwood, West Midlands, is available for leasehold at a price of £85,000. The current annual turnover is a remarkable £364,000, with an annual rent of £18,000. The profit margin stands at an impressive £150,000, and all existing stocks will be included in the sale price.
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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.
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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