Authentic Portuguese restaurant for sale in the City of London with leasehold opportunity
City of London, London
- Status
FOR SALE
- Advert ID
641630
- Reference
B09218 / Rightbiz
- Call Agent:
- Leasehold: £99,999
- Turnover: £500,000 (£9,615 per week)
- Profit: Not Applicable
Business Details
Authentic Portuguese Restaurant with Three Decades of Success
BusinessPlease quote reference B09218
Open to Offers
CoGoGo presents Madeira Star, an exceptional opportunity to acquire a well-established and highly regarded Portuguese restaurant with a 3-year trading history. Renowned for its authentic Madeiran cuisine, warm hospitality and strong local reputation, the business has built a loyal customer base and benefits from consistent demand.
Operating from a fully equipped leasehold premises, the restaurant offers an inviting dining environment complemented by a streamlined online ordering system and delivery partnerships. The menu reflects traditional Portuguese flavours, with bestselling grilled meats, seafood dishes and house specialities attracting both regular diners and new visitors.
With its long-standing brand presence, professional kitchen setup, and strong digital footprint via an online ordering platform, this business is ideally positioned for a new owner to continue its success and introduce further growth opportunities. The current owner is seeking a change after decades in the industry, creating a rare chance to take on a proven and respected establishment.
Location
This authentic restaurant is located in London.
Premises
Enquire with CoGoGo today!
One of our helpful negotiators will contact you soon to guide you through the buying process.
Be quick, as this kind of opportunity doesn’t come around often!
Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ now to find out more.
Staff
Curious? Hit ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ to find out more, ask questions, or book a private viewing at a time that suits you.
We also hold extra information on record to support your enquiry.
Financial Profile
We are advised on the following:
OTM: £99,999
Turnover: £500,000
Rent: £60,000 per annum
Business Rate Costs: £680 per month
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
Stay Safe
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
