Smokehouse and grill for sale in Biggleswade, Feast Your Eyes with modern ambiance and local support
Biggleswade, Bedfordshire
- Status
FOR SALE
- Advert ID
650345
- Reference
B09598 / Rightbiz
- Call Agent:
- Leasehold: £189,995
- Turnover: £312,000 (£6,000 per week)
- Profit: £62,400 (20% Profit margin)
Business Details
Feast Your Eyes – Trendy Smokehouse & Grill Sensation
BusinessPlease quote reference B09598
CoGoGo is delighted to bring to the market Rack & Bone, a vibrant and modern smokehouse and grill concept located in the heart of Biggleswade.
Trading as HK Food and Beverage Ltd, this exciting venue has quickly built a strong local reputation for its bold flavours, contemporary atmosphere, and loyal customer base.
The business combines a stylish dining experience with a strong digital presence, supported by an attractive website and growing popularity within the local food scene.
With impressive turnover figures, low running costs, and plenty of scope for expansion through events, delivery platforms, and extended trading hours, this is a fantastic opportunity for an ambitious operator or hospitality group.
The business is now being offered for sale due to retirement.
Early viewing is highly recommended.
Location
Situated on Hitchin Street in the centre of Biggleswade, the business benefits from excellent visibility, strong footfall, and easy access to surrounding residential and commercial areas. The location is popular with both locals and visitors, helping drive consistent customer traffic.
Premises
The premises are well-presented and fitted to a modern standard, creating a welcoming and contemporary dining environment. The site offers a stylish customer seating area alongside a fully equipped commercial kitchen and service facilities, ideal for continued hospitality trading.
Tenure
We are advised that this opportunity is being sold on a leasehold basis with a 10-year lease in place, of which approximately 4 years remain.
Rent is currently £12,000 per annum, with no business rates payable.
Hours
The current operating hours are:
Monday to Friday - 4:30 pm to 10:30 pm
Saturday & Sunday - 4:00 pm to 10:30 pm
Staff
The business is currently operated with a team of 3 staff members.
Financial Profile
We are advised that the business generates an annual turnover of approximately £312,000, with a reported net profit of around £62,400.
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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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.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
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