Independent Italian restaurant in Oxfordshire available for sale.
Oxford, Oxfordshire
- Status
FOR SALE
- Advert ID
649444
- Reference
171813 / Rightbiz
- Call Agent:
- Leasehold: £350,000
- Turnover: £698,732 (£13,437 per week)
- Profit: On request
Business Details
INDEPENDENT ITALIAN RESTAURANT
OXFORDSHIRE£807,000 YE25 TURNOVERThe company is an Italian restaurant offering a range of authentic pizzas, pasta, small plates, desserts, wine, and coffee.The business produces artisanal, hand-stretched pizza bases for venues and suppliers, and offers delivery and catering services.The restaurant operates from a newly renovated venue, which can comfortably accommodate 80 covers, and includes excellent restaurant facilities, an alfresco garden terrace offering an additional 50 covers, and rental accommodation.The company is being offered for sale to facilitate lifestyle changes.Caters for food allergies and dietary requirements, and uses fresh ingredients sourced from Italy. Provides its catering service for a prestigious university, as well as for offices and private events. Well known in the local area for its excellent customer service, high quality offering, and low prices.High volume of positive customer testimonials and strong social media presence. Generates rental income from a three-bedroom apartment. Operates from ideally located leasehold premises rented for circa £85,000 per annum.Offers over £350,000Contact Agent
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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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