Chinese restaurant for sale in Croydon London with dine-in and takeaway services available
Croydon, London
- Status
FOR SALE
- Advert ID
648453
- Leasehold: £80,000
- Rent: £45,000 (£3,750 per month)
- Turnover: £300,000 (£5,769 per week)
- Profit: On request
Key Features
- Licensed dining area
- Licensed restaurant premises
- Male and female restrooms
- Multiple storage rooms available
Business Details
Chinese restaurant for sale in Croydon
An excellent opportunity to acquire a well-established takeaway and dine-in restaurant situated in the heart of Croydon. The business offers a popular menu combining fast food with a distinctive Chinese influence, presented within a modern and stylishly decorated interior. The usable area is approximately 200 square meters, with 3 large freezers and refrigerators.
The restaurant has built a strong reputation and is highly rated across major platforms, including Google, Just Eat, and Facebook, making it a trusted and well-known name in the local area.
Location:
Prominently positioned on a busy parade in Croydon, the restaurant benefits from high footfall and is surrounded by a variety of established businesses that trade daily. It enjoys a loyal customer base, with many patrons travelling from surrounding areas to experience its well-loved and flavourful food. The business has been operating successfully for years and continues to uphold its excellent reputation within the community.
The premises also benefit from strong transport links, including nearby bus routes and railway stations, ensuring easy access for customers and supporting further growth potential.
Operating Hours:
- Tuesday to Friday: 12:00 PM – 10:30 PM
- Saturday & Sunday: 12:00 PM – 11:00 PM
Sales Revenue:
- Approximately £7,000 per week
Seating Capacity:
- Approximately 50 covers
- Strong additional revenue from takeaway and online delivery services
Lease:
- 19 years remaining
Price:
- £130,000 (inclusive of all kitchen equipment, fixtures, and fittings)
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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.
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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.
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.'.
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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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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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