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CONFIDENTIAL
FOR SALE
654048
Well-established Chinese restaurant in Ilford, London. With a decade of success behind it, this restaurant presents an exceptional business venture for prospective owners.
Located just two minutes’ walk from the station, the restaurant benefits from a prime location that attracts a steady stream of customers. The area boasts no significant local competition, allowing your business to thrive without the pressure of nearby rivals. This strategic positioning is enhanced by the presence of high street amenities, creating a vibrant community atmosphere that encourages repeat visits.
The restaurant comes complete with all fixtures and fittings, ensuring a smooth transition for the new owners. Over the past year, the business has demonstrated growth in turnover, reflecting its strong market position and customer base. Currently employing five dedicated staff members, the restaurant is poised for continued success, with management improvement opportunities available for those eager to take it to the next level.
To support the new owners, the current proprietors are willing to offer training opportunities. This will ensure that you are equipped with the knowledge and insights needed to maintain and potentially expand the restaurant's success.
Key Features and Opportunities
The restaurant offers several attractive features that enhance its value:
This is more than just a business; it’s a chance to be part of a thriving community and deliver a beloved cuisine to loyal customers. With an established online presence, you can leverage digital marketing strategies to further connect with your audience. Seize this chance to own a well-appointed restaurant in a bustling area of Ilford.
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.
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
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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