FOR SALE
650508
I am selling my thriving seafood restaurant, primarily due to my commitments with other ventures that have left me in need of a break. The business is set up for potential growth, particularly with the creation of a canopy and grill area that is ready to expand our menu. Currently, the restaurant does not offer grilled food, yet there is a significant opportunity to capitalise on the increasing demand for BBQ options, which would complement our already successful menu and attract more customers. The restaurant’s prime location ensures high visibility and foot traffic, making it an attractive venture for anyone looking to expand into this market.
The interior of the restaurant is modern and inviting, boasting a thoughtfully designed space with greenery and comfortable seating that encourages customers to relax and enjoy their dining experience. With a diverse menu focused on fresh seafood and takeout services available through platforms like Uber Eats, the establishment has cultivated a loyal customer base known for praising the quality of our food and service. This strong reputation contributes to our consistent patronage and steady growth, evidenced by an increasing turnover over the past year.
The business has been established for 20 years, and I have owned it for 5 years. This experience has allowed me to develop various aspects of the operation, from menu curation to customer engagement. The area itself is bustling, as it is situated on a high street surrounded by shops and other amenities that draw in customers. Fortunately, the competitive landscape is favourable, with minimal competition nearby, providing a unique edge for potential buyers.
Included in the sale price are all fixtures and fittings necessary for the operation of the restaurant, ensuring a seamless transition for new owners. Currently, the establishment employs five dedicated staff members who contribute to our efficient service. To support the new owners in taking over, I am more than willing to offer training opportunities to help them acclimatise to the business and maintain its successful operation. Furthermore, the restaurant already has a strong online presence, which can be leveraged to enhance marketing strategies and expand our customer outreach.
Why Sell?
My decision to sell is driven by my increasing involvement in the property business, which has left me unable to dedicate the necessary time and energy to this wonderful restaurant. I believe that this establishment has the potential to grow even more with the right focus on expanding its menu and hours of operation into late-night shisha lounge services or as a bar, which could significantly enhance its profitability.
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.
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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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