Thai restaurant for sale in Teddington London with a well-equipped kitchen and loyal clientele
Teddington, LondonEst. 18 years
- Status
FOR SALE
- Advert ID
657059
- Leasehold: £15,000
- or
- Freehold: £190,000
- Rent: £27,000 (£2,250 per month)
- Turnover: £400 (£8 per week)
- Profit: £70,000 (ROI 36.84% • Payback 2.71 years)
Key Features
- Excellent food quality
- Excellent trading location
Business Details
Thai restaurant for sale
This is an exciting opportunity to acquire a well-established Thai restaurant located in the heart of the city centre. Since its inception in 2008, the restaurant has garnered a loyal customer base and has shown consistent growth over the past year. With a seating capacity for 35 guests, it offers a vibrant dining atmosphere that is both modern and inviting, featuring lush greenery accents and comfortable arrangements that enhance the overall dining experience.
The restaurant boasts a well-equipped kitchen tailored for preparing authentic Thai cuisine, making it a perfect setting for culinary enthusiasts. Its prominent storefront not only provides high visibility but also attracts significant foot traffic, enhancing the potential for ongoing patronage. Nearby amenities, including a post office, Marks & Spencer, Starbucks, and Sainsbury’s, further contribute to a bustling environment that draws customers in.
One of the standout features of this business is the absence of competition in the immediate area, allowing for unique market positioning and growth potential. The current owner, who has operated the restaurant for three years, has witnessed an increase in turnover, demonstrating the viability and demand for its offerings. The sale of the restaurant includes all necessary fixtures and fittings, streamlining the transition for new owners.
With a skilled team of six employees already in place, the new proprietors will benefit from a knowledgeable staff ready to help maintain operational continuity. Furthermore, the restaurant is established online, ensuring a broader reach and engagement with customers. To support a smooth transition, the current owner is prepared to offer training opportunities, empowering new owners with the insight needed for continued success.
In summary, this Thai restaurant presents an opportunity not just to take over a business, but to step into a thriving culinary venture with the potential for further development. It combines excellent food quality with a prime location, making it a prospect worth considering for anyone looking to enter the food and beverage industry.
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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.
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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.
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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.
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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.
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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.
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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.'.
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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.
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