Turkish restaurant for sale in Scunthorpe Lincolnshire with modern decor and growth potential
Scunthorpe, Lincolnshire
- Status
FOR SALE
- Advert ID
640886
- Leasehold: £50,000
- Rent: £14,400 (£1,200 per month)
- Turnover: £234,000 (£4,500 per week)
- Profit: On request
Business Details
Turkish restaurant for sale
A well-presented Turkish restaurant located in Scunthorpe is now available for sale. Positioned at 1 Gilliat Street, this establishment has been operational for seven months and presents a unique opportunity for anyone looking to step into a profitable and established business. With a steady customer flow and remarkable potential for further growth, this restaurant is ideal for ambitious new owners.
The restaurant benefits from a favourable location close to the town centre, ensuring high visibility and significant footfall. It also offers exceptional convenience for patrons with two public parking spaces and one private parking space available nearby. The inviting interior features modern floral decor, creating a warm atmosphere that encourages guests to return.
Included in the sale is all necessary equipment, allowing for seamless day-to-day operations. The kitchen is well-equipped with professional-grade appliances, enabling efficient service. The diverse menu showcases authentic Turkish cuisine, highlighted by delectable kebabs and other specialty dishes. Additionally, the restaurant offers online ordering and delivery options through platforms such as Foodhub and Just Eat, catering to a broader audience and enhancing convenience for customers.
Business Essentials
This thriving restaurant has achieved a turnover of £234,000 over the past year, with an annual rent set at £14,400. All stocks are included in the sale, providing new owners with a complete inventory to maintain business continuity. Currently, the restaurant operates with two employees, allowing for manageable staffing while offering excellent service to guests.
Rationale for Sale
The owner has successfully managed the business for one year but is now seeking to transition into a different sector. Although turnover has remained stable, the exciting potential for growth remains evident for the next owner to explore. An online presence has been established through platforms like Google and Facebook, providing a solid foundation for marketing and customer engagement.
This Turkish restaurant is ready for a new chapter with a dedicated owner who wishes to cultivate its existing success. Priced at £50,000 for the leasehold, it stands out as an excellent investment opportunity in a busy location with low overheads and the potential for a substantial weekly income.
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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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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.
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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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