FOR SALE
641737
Discover a remarkable Chinese restaurant situated in the vibrant heart of downtown Exeter. This well-established business, which has been operating for just over a year and is currently owned by its proprietor for two years, presents a prime opportunity for potential buyers. With a remaining lease of 14 years, the restaurant is perfectly positioned for continued success.
One of the restaurant's standout features is its fully equipped commercial kitchen, which boasts commercial-grade cooking appliances, including woks and a specialized heating system. This setup enables efficient meal preparation for both in-house dining and takeaway orders. The kitchen design ensures optimal workflow, while modern amenities like a high-efficiency dishwasher streamline cleaning processes, enhancing overall efficiency.
Attractive Dining Experience
The dining area is thoughtfully decorated, creating a contemporary atmosphere that appeals to a variety of customers, including families. The strategic location offers excellent visibility and accessibility, drawing in a diverse clientele from the bustling city centre. With seating arrangements prioritising customer comfort, the restaurant is well-suited for both casual dining and special occasions.
Business Highlights
This establishment has a proven record of strong and consistent income, with an impressive current turnover of £520,000 and a competitive annual rent of £36,500. The potential for growth is evident, especially given the recent increase in turnover. A dedicated team of five experienced staff members is in place, ensuring smooth operations and a high level of customer service, complemented by friendly and welcoming amenities.
The business also benefits from a significant online presence, including a user-friendly website that facilitates online orders. This promotes customer convenience and showcases the restaurant's delicious Chinese cuisine offerings. Furthermore, the sale includes all fixtures and fittings, making it a comprehensive package for prospective owners.
Additional Features
Among the many advantages of this establishment, customers can enjoy dietary options, a takeaway service, and well-maintained facilities, including restrooms and a shopfront. The spacious and flexible interior provides ample storage and preparation space, adapting to various occasions and customer needs. With visible signage enhancing brand exposure, the restaurant has everything in place to continue attracting a loyal customer base.
This leasehold opportunity offers considerable potential for the right buyer, who will also receive training and support during the transition. For further details regarding the asking price, please inquire directly. Invest in this thriving restaurant and take advantage of the ready-made structure for success.
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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