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Family restaurant for sale in Preston Lancashire with a diverse menu and local reputation

Preston, Lancashire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    656518

  • Leasehold: Price on Application
  • Rent: £20,000 (£1,667 per month)
  • Turnover: Not Applicable
  • Profit: On request

Key Features

  • Suitable for private bookings
  • Suitable for young couples
  • Supportive handover process
  • Supportive landlord environment

Business Details

Famous local family restaurant for sale in Preston.

Located in the heart of Preston, just a stone's throw from the University of Central Lancashire, this well-established family-run business has been a staple for the community for the past 16 years. With a high turnover rate and significant potential for growth, it offers a remarkable opportunity for new owners to build on its existing success.

The establishment serves a wide array of delicious Mexican and Caribbean dishes that attract a diverse clientele, making it a popular choice for both locals and visitors alike. The current owners have invested in creating a vibrant atmosphere, and the business is well-equipped with all necessary fixtures and fittings, which are included in the sale price. Moreover, it enjoys an enviable location surrounded by various amenities such as shops, restaurants, and public services that contribute to a steady flow of customers.

There has been a positive trend in turnover over the past year, and as the current owners prepare for retirement, they are looking for someone who can continue to enhance this thriving enterprise. The business currently employs nine staff members, all of whom contribute to the unique customer experience and themed atmosphere that have become its trademarks.

Comprehensive Support and Training

The new owners will benefit from a supportive handover process, ensuring a seamless transition. The current owners are also committed to providing comprehensive training opportunities, equipping the new owners with the knowledge and skills needed to maintain the business's high standards. With the added advantage of a supportive landlord environment, and a strong trading history available, this opportunity is presented as a turnkey operation ready for immediate engagement.

Unleashing Untapped Potential

Furthermore, the business has an established online presence, yet there remains significant untapped growth potential in this area. By enhancing online marketing strategies and expanding the offerings to include vegetarian and vegan options, the new owners could unlock new revenue streams.

This business not only boasts a reputation for quality but also includes trademark signage for branding, ensuring that new owners can carry on the legacy with established recognition. The combination of a thriving local nightlife and a tourist-friendly environment positions this establishment perfectly to continue attracting a varied audience. With its unique culinary offering and commitment to customer satisfaction, this family-run business is primed for its next chapter.

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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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