FOR SALE
645813
Active Business for Sale: Prime Restaurant in Wakefield
An exceptional opportunity has arisen to acquire a fully equipped and elegantly designed restaurant situated in a prime location in Wakefield (WF2). This establishment boasts a strong presence in the area, with significant footfall and excellent visibility, making it an ideal choice for aspiring restaurateurs or investors seeking a ready-to-run business.
The restaurant features a well-appointed bar area that is equipped and ready to serve customers immediately. The premises include a fully fitted commercial kitchen, complete with an array of appliances including burners, a wash area, fridges, freezers, and a two-tank fryer. A fully automated mocktail system worth £10,000 is an added benefit for those looking to offer innovative beverage options. Additionally, the stylish dining area accommodates 32 guests in a comfortable setting, creating an inviting atmosphere for diners.
With an existing alcohol licence, the restaurant is prepared to commence operations without any delays. Its setup is flexible enough to support a variety of cuisines, whether it’s Indian, Mediterranean, Italian, or any other preferred style. With low running costs and a competitive rent of £9,000 annually, the overall operation is financially sound.
A Beautifully Designed Space
The restaurant features inviting interiors adorned with traditional South Indian decor, enhancing the warm dining atmosphere. The spacious layout not only provides ample seating but also encourages social interaction, particularly in the attractive bar area. Its strategic location ensures good visibility and a steady flow of customers, bolstered by nearby amenities including a train station, gym, retail park, and college, which naturally draw in visitors.
Key Details
The establishment has been operational for just 1.5 years and has built a solid reputation within the community. The leasehold price is set at £45,000, with a current turnover of £120,000. All stocks are included in the purchase price, ensuring a seamless transition for the new owners.
Given the consistent foot traffic and strong profitability of the business, this restaurant represents a unique investment opportunity. With a commitment to providing excellent customer service and a community presence, this operation is poised for continued success.
For further information and to arrange viewings, interested parties are encouraged to reach out discreetly to maximize confidentiality.
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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