Exceptional Arundel based café restaurant with huge potential For Sale
Arundel, West Sussex
- Status
FOR SALE
- Advert ID
654188
- Reference
SEBB 10943 / Rightbiz
- Call Agent:
- Leasehold: £180,000 (Stock at valuation)
- Turnover: On request
- Profit: On request
Business Details
Exceptional Arundel based café restaurant with huge potential For Sale
This business represents an excellent opportunity to take over a unique fully equipped trading catering operation with huge potential.
The business has had an inward investment of an estimated £250,000 over the last two years.
The current owners feel that the business has huge potential, but that they do not have the required skills to take it to the next level.
The operation is ready to go and fully equipped.
The opportunity consists of a café/restaurant with a total of 72 covers, with 48 inside and 24 outside with an exceptional attribute that could general excellent individual revenue.
The premises benefit from abundant parking . There is currently no alcohol licence, and this could substantially increase the trade as well as extending the hours of operation.
The owners invite customers to "Bring Your Own".
The business operates primarily serving breakfasts and lunches to suit the current owners lifestyle.
The business would potentially suit a chef looking to branch out on their own.
There will be a reasonable handover period.
The reason for the sale is due to retirement of the owners.
The basis of the sale will be on a cash free/debt free basis.
Property InformationProperty:
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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.
Be safe, use a Rightbiz Solicitor
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