Bar, Restaurant, and Shisha Lounge for Sale in London - Where Nights Come Alive
Undisclosed, London
- Status
FOR SALE
- Advert ID
653683
- Reference
B09687 / Rightbiz
- Call Agent:
- Leasehold: £80,000
- Turnover: £250,000 (£4,808 per week)
- Profit: Not Applicable
Business Details
Where Nights Come Alive – Vibrant Bar, Restaurant & Shisha Lounge
BusinessPlease quote reference B09687
CoGoGo is delighted to bring to the market Kaabo Lounge, a vibrant hospitality venue that effortlessly blends exceptional dining, premium cocktails, live entertainment and a stylish shisha lounge into one exciting destination.
From breakfast and brunch through to evening dining and late-night socialising, Kaabo Lounge has built an outstanding reputation for its authentic African and Caribbean cuisine, signature cocktails and energetic atmosphere. The venue attracts a broad customer base with regular live music, private celebrations and social events, creating multiple revenue streams and excellent repeat custom. Its strong online presence and loyal following across social media further enhance its appeal.
The current owners have successfully established the business over the past four years and are now offering this exciting opportunity due to a change in direction. This is an ideal acquisition for an experienced operator or ambitious entrepreneur looking to take an already thriving lifestyle venue to the next level.
Viewings to be arranged strictly by appointment only via CoGoGo!
Location
Occupying a prominent position on Calderwood Street in the heart of Woolwich, the business benefits from excellent footfall, nearby residential developments, local businesses and strong transport links. The area continues to see significant regeneration, making it an increasingly desirable destination for food, drinks and entertainment.
Premises
Modern, contemporary leasehold premises presented to a high standard, featuring an impressive restaurant, stylish cocktail bar, dedicated shisha lounge and facilities suitable for private functions and events. The venue has been designed to create a lively yet welcoming atmosphere that encourages customers to dine, relax and socialise.
Tenure
Leasehold.
We are advised that the premises are held on a 10-year lease, with approximately 6 years remaining. Current rent is £2,800 per calendar month.
Hours
Trading hours are owner-operated and can be adapted to suit the requirements of a new owner.
Staff
Modern, contemporary leasehold premises presented to a high standard, featuring an impressive restaurant, stylish cocktail bar, dedicated shisha lounge and facilities suitable for private functions and events. The venue has been designed to create a lively yet welcoming atmosphere that encourages customers to dine, relax and socialise.
Financial Profile
We are advised that the business generates an annual turnover in the region of £250,000.
Contact Agent
Listing Statistics
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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.'.
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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.
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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