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FOR SALE
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Seize the opportunity to acquire a well-established and highly regarded Italian restaurant that boasts a strong local following and impressive weekly turnover of approximately £4,000, translating to around £208,000 annually. This charming establishment has earned a fantastic reputation within the community, celebrated for its authentic cuisine, inviting atmosphere, and award-winning standards. With a dedicated customer base and consistent repeat business, the restaurant also possesses significant potential for growth.
The restaurant currently operates just five days a week, offering an appealing work-life balance while generating solid profits. Its opening hours are as follows:
Wednesday: 5:00 pm – 9:00 pm, Thursday: 5:00 pm – 9:00 pm, Friday: 5:00 pm – 9:30 pm, Saturday: 12:00 pm – 3:00 pm & 5:00 pm – 9:30 pm, and Sunday: 12:00 pm – 3:00 pm (bookings only). This schedule permits significant personal time while still maintaining a healthy income.
With seating for 22 covers, the restaurant creates an intimate and welcoming dining experience for guests. There are ample opportunities to enhance revenue, including extending trading hours, introducing delivery services, or amplifying marketing initiatives. The acclaim garnered from various awards further solidifies the restaurant's reputation for quality and excellence within the local area.
This represents an ideal opportunity for an owner-operator or experienced restaurateur aspiring to take over a profitable and beloved business with ample potential for expansion.
Restaurant Details
Located in the heart of Tunbridge Wells, this Italian restaurant is available for leasehold at a price of £75,000, with an annual turnover of £208,000. The current rent for the premises stands at £15,750.
Key Features
The restaurant enjoys strong community support and positive relationships with the local council. It benefits from a takeaway presence, contributing to its thriving business reputation and trade day flexibility. The operation is turnkey, ensuring a smooth transition for the incoming owner. Viewing opportunities are available for interested parties.
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.
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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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