Turkish Restaurant for Sale in Ilford London with Experienced Staff and Loyal Customer Base
Ilford, London
- Status
FOR SALE
- Advert ID
644044
- Asking Price: £320,000
- Turnover: N/A
- Profit: On request
Business Details
Turkish Restaurant for sale in Ilford London
We are pleased to present an exciting opportunity to acquire a well-established Turkish restaurant in Ilford, London. Operating successfully for the past seven years, this thriving business boasts a loyal customer base, a well-organised daily operation, and a dedicated team of experienced staff members.
The current lease has six years remaining, with options for renewal, subject to agreement with the landlord, ensuring stability for the new owner. The restaurant employs a team of between 10 and 12 trained and reliable staff, contributing to its seamless operation and customer satisfaction.
It's important to note that the sole reason for the sale is a disagreement among partners; there are no underlying issues related to the restaurant’s profitability or performance. This presents a unique opportunity for a new owner to step into a successful business with a solid foundation.
In terms of location, the restaurant benefits from its proximity to various amenities including shops, other restaurants, and public services, attracting foot traffic and enhancing customer visits. The business has been well-integrated into the local community and has established itself as a popular dining option.
The asking price for this fantastic venture is £320,000. Interested parties are welcome to request further information, financial records, or to arrange an on-site visit. We encourage prospective buyers to reach out for more details and to explore this excellent investment opportunity.
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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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