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Trendy restaurant for sale in Hertfordshire with local reputation and minimal competition

Undisclosed, Hertfordshire

CONFIDENTIAL

  • Turnover: £384,000 (£7,385 per week)
  • Profit: Not Applicable

Business Details

TRENDY RESTAURANT IN PRIME LOCATION

LOCATED IN HERTFORDSHIRE£384,000 YE25 TURNOVERThe company operates a specialist restaurant, renowned for its high-quality dishes and lively atmosphere.The business was founded from a popular and established mobile hospitality concept, and has seen considerable growth since opening the restaurant, maintaining a curated aesthetic while establishing its own identity and customer base.Our client is now offering the company for sale due to personal commitments. Experiences minimal competition in the area.Strong local and online reputation, which draws in a number of diners that travel from further afield.High level of repeat customers.Operates as a restaurant from leasehold premises, costing £15,000 per annum.Ideally situated on a high-footfall street in the town centre.Offers invited.
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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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The data showed regarding this advert 'TRENDY RESTAURANT IN PRIME LOCATION - 172030 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.