FOR SALE
645695
Italian restaurant and takeaway with significant growth potential. This well-established business has been operational for nine years, offering an inviting ambience combined with the opportunity to extend daily trading hours.
Strategically located in an area known for its high visibility and foot traffic, the restaurant features a cosy interior adorned with Italian-themed decor and comfortable seating to enhance the dining experience. The kitchen is well-equipped for crafting pizzas and a range of Italian cuisines, ensuring that customers can indulge in freshly made dishes. With a loyal customer base already in place, there is ample scope for expansion and increasing turnover.
This leasehold opportunity comes with a current turnover of £65,000, while the annual rent is set at £10,200. Included in the asking price are all fixtures and fittings necessary for immediate operation, allowing new owners to take over seamlessly.
Key Features and Strengths
This restaurant boasts numerous appealing attributes: it is established and profitable, with a solid business reputation and high-quality hospitality services. The family-run establishment is known for its exceptional customer service, consistently positive online reviews, and the flexibility to cater for private events. There exists a unique opportunity to increase trading hours, capitalise on the high takeout potential, and leverage year-on-year growth prospects.
Currently, the business employs three staff members and has a balanced competition landscape, with only one other Italian restaurant nearby. Potential new owners will benefit from training opportunities to ensure a smooth transition and operational success. The restaurant's online presence further reinforces its accessibility and attraction to a broader customer base.
In summary, this established Italian restaurant and takeaway not only offers a rich heritage but also presents a remarkable business opportunity for those looking to invest in a well-regarded institution with considerable potential for growth.
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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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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