FOR SALE
654279
Exceptional Turnkey Italian Restaurant and Wine Bar in Banbury
An outstanding opportunity has emerged to acquire a fully fitted, contemporary Italian restaurant and wine bar situated in a prime, high-traffic location in the heart of Banbury town centre. With an extensive high-specification fit-out exceeding £100,000, the premises are presented in immaculate, turnkey condition, enabling a new owner-operator or franchise brand to commence operations immediately without any build time or capital expenditure required.
The restaurant has recently transitioned from a strict franchise operation to an independent entity, offering a significant advantage for prospective buyers. Now unchained, the business is free from ongoing franchise royalty fees or operational constraints, which allows for complete creative and financial control over the establishment.
The venue's design features a stylish interior that comfortably accommodates up to 70 diners, enhanced by vibrant green wall decor, bespoke ambient lighting, and high-quality furnishings. The fully equipped, tech-integrated commercial kitchen is optimised for high volume, catering not only to the main dine-in and takeaway menu but also hosting the popular UK brand "The Athenian," which operates as a ghost kitchen through Growth Kitchen. This integration ensures excellent digital delivery revenues with no marketing costs, providing immediate multiple income streams from day one.
Prime Location and Facilities
Located in the bustling Banbury town centre, the restaurant benefits from close proximity to busy high street shops and essential local amenities. Additionally, its position directly beneath a new residential development comprising 40-50 flats ensures a steady flow of foot traffic, greatly enhancing customer attraction. The restaurant's highly valuable premises license permits alcohol sales until midnight, further extending the evening dining potential.
The operational costs are notably manageable, with an annual rent of just £32,000, providing excellent overhead protection in this premium location. The lease terms offer long-term security, with eight years remaining on the assignable lease.
Comprehensive Support and Further Information
The asking price for this unique opportunity is £150,000, with the owners open to negotiations for qualified buyers with proof of funds readily available. All stock is included in the sale, ensuring a smooth transition for the new owner.
The current owners are selling due to genuine changes in personal family commitments that prevent them from focusing fully on the business's significant scaling potential. To ensure an exceptional handover, they are prepared to provide a thorough two-week training and support period, covering all aspects of kitchen machinery operations, staff transitions, and digital delivery management.
This restaurant presents not merely a business but a vibrant opportunity to thrive within an established and promising hospitality environment. Its unique blend of high-quality dining and integrated digital operations positions it well to capitalise on Banbury’s dynamic food scene.
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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