Authentic Kosovan Restaurant Gather Around for Sale in North London
Undisclosed, London
- Status
FOR SALE
- Advert ID
652064
- Reference
B09638 / Rightbiz
- Call Agent:
- Leasehold: £79,999
- Turnover: £300,000 (£5,769 per week)
- Profit: £132,000 (44% Profit margin)
Business Details
Gather Around – Authentic Kosovan Restaurant in Prime North London
BusinessPlease quote reference B09368
CoGoGo presents to the market an authentic Kosovan restaurant located in London.
The business offers traditional Balkan and Kosovan cuisine, supported by dine-in, collection and takeaway opportunities.
With a strong online presence, excellent customer feedback and a distinctive food offering, this is a ready-made opportunity for an owner-operator or experienced hospitality business seeking a well-positioned North London restaurant.
The business is offered for sale due to relocation.
Viewings to be arranged strictly by appointment only!
Location
The restaurant occupies a prominent trading position, benefiting from strong visibility, passing trade and a substantial local residential catchment.
Premises
The business trades from well-presented leasehold restaurant premises arranged for customer dining and food preparation, offering facilities suitable for both restaurant and takeaway operations.
Tenure
Leasehold. We are advised that there are 9 years and 5 months remaining on the current lease.
Annual rent is £28,000, with business rates advised at £650.
Hours
The current operating hours are:
Monday to Friday - 7:00 am to 10:30 pm
Saturday - 8:00 am to 10:30 pm
Sunday - 8:00 am to 8:00 pm
Staff
The business is operated with 3 staff.
Financial Profile
We are advised that the business generates a turnover of £300,000, with a net profit of £132,000
Contact Agent
Listing Statistics
Advert Statistics Graph
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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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