Two Korean Restaurants for Sale in Angel Islington London
Islington, LondonEst. 7 years
- Status
FOR SALE
- Advert ID
656628
- Leasehold: Price on Application
- Rent: £30,000 (£2,500 per month)
- Turnover: £1,008,656 (£19,397 per week)
- Profit: On request
Key Features
- Diverse beverage offerings
- Bar area with seating options
- Bar equipment and fixtures included
- Bar licence available
Business Details
Two Established Korean Restaurants for Sale in Angel
A confidential opportunity to acquire two established and currently trading restaurant businesses located within close proximity of each other in the Angel and Islington area.
The businesses generated combined sales of approximately £1.01 million during 2025. Combined annual rent is approximately £51,000, representing only around 5% of reported sales. Supporting EPOS sales information is available to serious and financially qualified purchasers.
Both sites are fully fitted for continued hospitality use and benefit from commercial kitchens, extraction systems, premises licences, customer seating, fixtures, fittings and principal operating equipment. This provides an incoming operator with an opportunity to commence trading without the delay and substantial cost normally associated with fitting out two new restaurant premises.
The two sites offer complementary formats: one is configured as a licensed restaurant and bar, while the other provides a larger restaurant operation with a fully fitted commercial kitchen. They may suit an established operator seeking an immediate two-site presence, shared purchasing and staffing efficiencies, broader delivery coverage and centralised marketing.
The businesses may be acquired separately or together. An incoming purchaser may continue the existing concepts or introduce alternative food and beverage concepts, subject to the leases and relevant consents.
Guide price for the two-business portfolio: £219,000. Individual acquisitions will also be considered. Offers are invited.
The opportunity is being marketed primarily as an acquisition of two trading businesses, goodwill, fitted premises, fixtures and equipment, together with assignment of the respective leases. No public representation of standalone net profit is being made. Purchasers should undertake their own assessment of operating costs.
Business identities, precise locations, lease documentation, licence details and further trading information will be provided following initial buyer qualification and, where appropriate, a confidentiality agreement.
Please do not approach staff or visit the premises to discuss the sale without prior arrangement.
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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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