Leasehold Italian Cafe/Deli in Prime Kent Location, Family-Run, Limited Hours Due to Retirement
Undisclosed, Kent
- Status
FOR SALE
- Advert ID
644722
- Reference
C1234 / Rightbiz
- Call Agent:
- Turnover: £208,000 (£4,000 per week)
- Profit: Not Applicable
Business Details
LEASEHOLD LIC. ITALIAN CAFE DELI RESTAURANT
LOCATIONProminently situated in the centre of town occupying a busy trading position close to the High Street and seafront of this charming Kent Town. The business enjoys excellent all year round trade.
BUSINESS
This much loved family run business enjoys a much deserved reputation for selling tremendous authentic Southern Italian products and serving delicious home cooked Italian fayre in a well presented 16/20 cover restaurant setting. Currently opening only two evenings pwk and closed on Sundays despite demand the business offers obvious potential to further develop. Established by our clients some 8 years ago and only now for sale due to retirement.
TURNOVER
The business enjoys takings of £4,000 pwk @ 60% GP.
STAFF
Husband & Wife part time staff when required.
HOURS
10.00am - 5.00pm Mon - Thurs 10.00am - 9.00pm Fri & Sat Closed Sun
PREMISES
Double fronted premises with single entrance to Restaurant area: Wood flooring, Tables and chairs to seat 16/20, serve over deli counters, gelato fridge, coffee machine, coffee grinder, st/stl sink, display shelving, drinks display fridges, Epos till. Sep WC with H/W basin.
Kitchen: Fully tiled, St/stl work tops, 2 large upright dble door Fridge/Freezers, Microwave oven, fryer, Meat slicer, 4 electric hot plates, extractor unit, electric oven, dble pizza oven. Prep Area: St/stl worktops, shelving, dble st/stl sink, dishwasher, electrocuter, panini grill.
Bin store in side alley.
Please note that there is no gas on the premises.
TENURE
5 years remaining on renewable lease. Rent £9,000 pa.
EPC RATING
TBA
BUSINESS RATES
Nil payable
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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