Mediterranean Restaurant for Sale in Romford London
Romford, London
- Status
FOR SALE
- Advert ID
645344
- Leasehold: £80,000
- Rent: £25,000 (£2,083 per month)
- Turnover: £260,000 (£5,000 per week)
- Profit: On request
Key Features
- Lucrative trading position
- Range of food offerings
- Ready for immediate operational handover
- Ready-to-operate facilities
Business Details
Restaurant for Sale in Romford town
We are excited to present a fantastic opportunity to acquire a well-established Mediterranean restaurant located in the heart of Romford, London. This leasehold restaurant is currently generating an impressive turnover of £260,000 with a profit margin of around 60.000. The annual rent for the premises is £25,000, making it a financially attractive proposition considering location.
This restaurant is ready for an immediate operational handover, meaning you could step in and start trading right away. The facilities are fully equipped and operational, allowing for a smooth transition for the new owner.
Positioned in a lucrative trading location, this restaurant enjoys a diverse range of food offerings that cater to a broad clientele. The layout features a relaxed dining atmosphere that encourages patrons to linger and socialise, while a semi-detached building design provides the perfect setting for a warm and inviting dining experience.
With reasonable rent and manageable overheads, this establishment represents a promising investment with numerous advantages. The restaurant enjoys a solid base of repeat customers, indicating strong brand loyalty and potential for further growth. There are ample opportunities for menu diversification, which could attract new clientele and enhance profitability.
Additionally, the restaurant is a secure trading concern, complete with equipment for the sales counter and a security camera system. You'll also inherit all stocks as part of the sale, ensuring you have everything you need to continue operations seamlessly. There is a renewable lease opportunity, which provides flexibility and long-term security for your business.
This restaurant is not merely a business; it is a platform for future growth and expansion, making it ideal for ambitious entrepreneurs or those considering retirement or succession planning. With a range of baked goods already available, the potential for further menu innovation is limitless.
Take advantage of this exceptional chance to own a thriving restaurant where you can create a memorable dining experience for your customers while building a fulfilling business.
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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.
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.
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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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