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Licensed Café and Restaurant for Sale in Essex

Undisclosed, Essex
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Licenced Café & Restaurant for Sale Photo 1
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Licenced Café & Restaurant for SaleLicenced Café & Restaurant for SaleLicenced Café & Restaurant for Sale
  • Leasehold: £285,000
  • Turnover: £546,000 (£10,500 per week)
  • Profit: Not Applicable

Business Details

Licenced Café & Restaurant for Sale

WE ARE INFORMED by the owner the turnover currently averages £10,000 - £11,000 per week with a Gross profit of 65% approx. FEATURES:
PREMISES in the region of 2,150 ft²

5 STAR HYGIENE RATING.

Tables and chairs providing seating for 50 People can be increase

The business is fully operational and ready for a new owner to take over immediately without any additional investment.

✔ Established customer base
✔ Fully equipped and operational
✔ Ready for immediate takeover
✔ Reasonable offers will be considered for a quick sale
✔ High growth and profit potential

Although the business currently operates between 8:00 AM and 5:00 PM, it holds both an alcohol licence and permission to trade until 11:00 PM. This provides an excellent opportunity for the new owner to increase turnover by extending opening hours, introducing evening dining, a bar concept, or hosting private events.

This business has been built with significant time, effort, and dedication. Unfortunately, due to family commitments, we are no longer able to give it the attention it deserves and have therefore made the difficult decision to sell. PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £285,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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The data showed regarding this advert 'Licenced Café & Restaurant for Sale - R3094 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.