Licensed Chinese Restaurant for Sale in Essex with Entertainment License and 5-Star Hygiene
Undisclosed, Essex
- Status
UNDER OFFER
- Advert ID
652183
- Reference
R2321 / Rightbiz
- Call Agent:
- Leasehold: £160,000
- or
- Freehold: £595,000
- Turnover: £546,000 (£10,500 per week)
- Profit: Not Applicable
Business Details
Licensed Chinese Restaurant With Entertainment Licence for Sale
WE ARE INFORMED by the owner the turnover currently averages £10,500 per week with a Gross profit of 65% approx. FEATURES:6 DAYS OPENING
5 STAR HYGIENE RATING
SINGLE FRONTED PREMISES, in the region of 2,100 ft², CCTV (8 Cameras), Tiled flooring, suspended ceiling with down lights.
Customer waiting area.
Tables and chairs seating 100 people.
Bar - Cash drawer, draft beer pump, under counter fridges, glass washer, wash hand basin.
Ladies' cloakroom with toilet and wash hand basin.
Gentlemen's cloakroom with toilet and wash hand basin.
Kitchen - Stainless steel extractor, 8 burner gas hob, oven, rice cooker, steamer, microwave, chest freezer, double sink and drainer, stainless steel preparation tables, etc,
Walkin freezer
Walkin coldroom ACCOMMODATION:
First floor flat accessed via the business or rear entrance, comprising;
6 bedrooms (4 doubles, 2 single bedrooms).
2 shower rooms each with shower, toilet and wash hand basin. PRICE:
TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £595,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
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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.
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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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