FOR SALE
656777
Discover an exciting opportunity to acquire a well-established and fully equipped restaurant situated in the vibrant heart of Chester-le-Street. This remarkable establishment is presented to the highest standard, boasting a spacious two-floor layout that accommodates approximately 75 covers, making it perfect for both intimate dining experiences and larger gatherings.
The restaurant comes fully fitted and equipped, allowing a new owner to commence trading immediately with minimal additional investment. Over the years, it has cultivated a strong local reputation, supported by an established online presence and a loyal customer base. This foundation provides excellent potential for an experienced operator or an ambitious newcomer to enhance the business further. There are numerous avenues for growth, including extending opening hours, introducing new concepts, or boosting takeaway and delivery services.
The sale includes all fixtures and fittings, and to ensure a seamless transition, training and support will be provided during the handover period. The current owner is pursuing other business interests, presenting a genuine opportunity for a new operator to step into a successful venture and guide it towards future prosperity.
Notable Features
Enhancing the appeal of this restaurant is its vibrant atmosphere, characterised by a thoughtfully designed interior and enchanting mood lighting that elevates the customer experience. The busy dining area showcases the establishment's established customer base and highlights its popularity within the community. The versatile space is ideal for accommodating various dining styles and events, while the prime location holds significant potential for increased foot traffic and visibility.
Additional storage or operational space is also available, offering opportunities for expansion or more efficient management. This restaurant's strength lies in its strong local community patronage, suitable for both corporate clientele and evening trade.
Business Details
Established in 2020 and owned for two years, the business has recently experienced an increase in turnover due to its strategic location and effective marketing. The surrounding area is well-equipped with other amenities, such as shops and public services, contributing to its attractiveness as a dining destination. While some competition exists, the restaurant's successful reputation ensures it stands out in the local culinary landscape.
The current owner employs a dedicated team of seven staff members and has fostered effective use of social media and Google to maintain an active online presence. Additionally, training opportunities will be extended to new owners, ensuring they are well-prepared to continue the restaurant's success.
Key Insights
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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