FOR SALE
644241
This esteemed Turkish and Mediterranean restaurant has been a cornerstone of the New Malden community for 26 years, cultivating a reputation that attracts a loyal customer base. Known for its vibrant dining experience, the restaurant boasts a modern, spacious interior that accommodates various customer groups, along with a fully equipped kitchen designed for efficient food preparation. Each day, the team prepares fresh food in-house, ensuring the highest quality and taste for each dish served.
With a steady annual turnover of £624,000 and an attractive leasehold price of £300,000, the business presents a significant opportunity for new owners to tap into its potential for growth. Supported by a well-established presence and an inviting storefront, the restaurant also benefits from outdoor seating possibilities to further entice customers. The restaurant operates in a densely populated area with minimal competition, capitalising on both dine-in and online sales to meet customer demand.
Profitable Operations
Currently, the business enjoys a profit margin of £2,000 per month. Despite a plateau in turnover over the past year, the restaurant has previously achieved sales of £15,000 to £17,000 per week, evidencing its strong potential for future profitability. New owners can step in with fresh ideas and energy, taking the restaurant to the next level.
Comprehensive Support for New Owners
This venture is not just an investment; it includes a full suite of fixtures and fittings at the listed price, as well as extensive training opportunities to ensure a seamless transition for new owners. With six dedicated employees already in place, the groundwork is set for continued success. The restaurant also boasts an established online presence and partnerships with delivery platforms, further enhancing its operational capabilities.
Key Features
Among the countless advantages of this business are:
Potential buyers will find that the restaurant is equipped for immediate trading, making it an appealing prospect for anyone looking to enter the hospitality sector. With its exceptional reputation and strong community presence, this Turkish and Mediterranean restaurant is positioned ideally for anyone ready to carry on its legacy and drive it forward into a promising future.
For more information, please reach out to discuss this exciting opportunity.
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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