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Mexican restaurant for sale in Coventry Centre with outdoor dining space and loyal customer base

Coventry, West Midlands
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Busy Mexican for sale in Coventry Centre Photo 1
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Busy Mexican for sale in Coventry CentreBusy Mexican for sale in Coventry CentreBusy Mexican for sale in Coventry CentreBusy Mexican for sale in Coventry CentreBusy Mexican for sale in Coventry Centre
  • Status

    FOR SALE

  • Advert ID

    643275

  • Leasehold: £180,000
  • Turnover: N/A
  • Profit: On request

Key Features

  • No time wasters or low offers

Business Details

Busy Mexican for sale in Coventry Centre

Take advantage of this exceptional opportunity to acquire a thriving, award-winning Mexican restaurant located in the vibrant city centre of Coventry. Established in 2017, this business has flourished each year, cultivating a dedicated customer base and witnessing a consistent increase in trade. The restaurant occupies two floors, featuring a spacious ground floor with seating for 60 to 70 patrons. It boasts a newly renovated, fully equipped professional kitchen and a rare, expansive garden area that is perfect for outdoor dining and events. With no business rates and remarkably low rent, the overhead costs are minimal. This sale is a heartfelt decision prompted by the owner's relocation abroad.

This restaurant is a true gem, poised for its next owner to step in and capitalise on its established success. The vibrant atmosphere and unique decor, which showcases tropical themes, greatly enhance the dining experience and contribute to its charm. Its prime location features large windows that allow for ample natural light and excellent street visibility, drawing in passersby and ensuring a steady flow of customers.

The seating arrangement is stylishly curated to accommodate both intimate gatherings and larger groups, providing flexibility for a variety of dining occasions. The comprehensive kitchen setup is fully operational, meaning that the new owner can seamlessly continue the restaurant's bustling service from day one.

Proximity to Amenities

Situated in a bustling area with numerous nearby amenities, this restaurant benefits from close proximity to various shops, bars, clubs, and other eateries. This dynamic environment not only attracts local patrons but also draws in tourists, as it is located along one of Coventry’s oldest medieval streets, renowned for its historical significance and charm.

Details of the Sale

This leasehold opportunity is available for an asking price upon request, and all stock is included in the sale. The business has been successfully operated for nine years by the current owner, who is also looking for a buyer with a genuine interest, as they are not open to low offers or time wasters. This is an excellent chance for an enthusiastic entrepreneur to take over a well-established and popular business in a prime location.

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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.

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