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Chinese Restaurant Lease Transfer in West St Sheffield

Sheffield, South Yorkshire
Chinese Restaurant Lease for Transfer - West St Sheffield Photo 1
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Chinese Restaurant Lease for Transfer - West St Sheffield
  • Status

    FOR SALE

  • Advert ID

    647870

  • Leasehold: £30,000
  • Rent: £18,000 (£1,500 per month)
  • Turnover: £127,400 (£2,450 per week)
  • Profit: Not Applicable

Key Features

  • Catering services available
  • Central location benefits
  • Chinese cuisine offerings
  • Cold storage facilities

Business Details

Chinese Restaurant Lease for Transfer West St Sheffield

This is an exciting opportunity to acquire a fully equipped commercial kitchen unit, perfectly suited for various food businesses. The establishment is already fitted with all the necessary kitchen equipment, allowing for a swift and efficient start with low setup costs. It is important to note that this listing is not a business sale, but rather a transfer of the leasehold for those looking to enter the food industry.

With flexible terms available, this unit is ideal for entrepreneurs eager to start their culinary ventures quickly. For further information, please reach out for details.

Key Features of the Establishment

The unit boasts an established brand, "LiangJi Wraps," known for its recognisable name in the area. Situated in a prime location on Fitzwilliam Street, the venue enjoys significant foot traffic that can bolster business opportunities. The modern and inviting interior creates a welcoming atmosphere for diners, setting the stage for a pleasant eating experience.

The diverse menu focuses on popular Chinese wraps and dishes, with ample potential for growth. This could easily be expanded by integrating delivery and catering options to widen the customer base.

Business Overview

This established business has been operating successfully for five years under its current ownership. The leasehold is listed at £30,000 with a current turnover of £127,400, accompanied by an annual rent of £18,000. All stocks are included in the sale price, ensuring a seamless transition for the new owner.

Despite the steady growth, there are challenges that have led to this sale. Currently, the business operates with just one employee, and there are not enough administrative staff to manage the workload across multiple outlets. However, the unit continues to thrive with its established online presence through platforms like Deliveroo, Uber Eats, and Hungry Panda.

Additional Benefits

The establishment offers several advantages, including:

  • Comprehensive catering services available for events.
  • Central location providing significant footfall benefits.
  • A wide range of authentic Chinese cuisine options.
  • Cold storage facilities to support efficient operations.
  • Takeaway services available to cater to diverse customer needs.
  • Efficient food preparation areas, ensuring quick service.
  • Both takeaway and dining options, allowing for flexible business operations.
  • A well-equipped dining area that enhances customer experience.

The potential for growth combined with a strategic location makes this kitchen unit a fantastic opportunity for any aspiring food business owner.

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Stay Safe

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.

Stay Safe

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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