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Turkish restaurant for sale in Tooting London with cozy atmosphere and loyal customers

Tooting, London
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Turkish Resturant for sale in prime Photo 1
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Turkish Resturant for sale in primeTurkish Resturant for sale in prime
  • Status

    FOR SALE

  • Advert ID

    657555

  • Asking Price: £75,000 (Stock at valuation)
  • Turnover: £416,000 (£8,000 per week)
  • Profit: £105,000 (ROI 140% • Payback 0.71 years)

Key Features

  • Alcohol licence available
  • Bar area included
  • Clean restroom facilities
  • Cozy seating arrangements

Business Details

Turkish Resturant for sale in prime

Established Turkish Restaurant – Tooting Market

An exciting opportunity awaits to acquire a well-established Turkish restaurant situated in the vibrant Tooting Market, a renowned hub for food, retail, and social interaction in South London. This restaurant has been generating approximately £8,000 in weekly turnover, demonstrating strong customer demand and significant potential for further growth. Its prominent location within the market ensures a steady flow of foot traffic, attracting a diverse local customer base and benefiting from Tooting’s rising profile as a culinary destination.

This thriving restaurant business boasts an array of appealing features, including:

  • Prime location in Tooting Market
  • Weekly turnover of approximately £8,000
  • Current rental costs around £900 per week
  • An established customer base
  • A strong food offering inspired by Turkish cuisine, ideal for dine-in, takeaway, and delivery options
  • A fully operational restaurant setup
  • Opportunities for expanding opening hours, delivery sales, catering, and menu development
  • Suitable for experienced operators or newcomers to the hospitality sector

The restaurant is positioned for substantial growth by leveraging delivery platforms, catering for private events, extending trading hours, enhancing marketing efforts, and diversifying the menu. This sale represents an excellent opportunity to take over a revenue-generating restaurant at an established site rather than starting from scratch in the competitive hospitality industry.

Additional financial information, along with details of the equipment and trading specifics, will be available to genuinely interested buyers following an initial enquiry.

The restaurant features a stylish interior with modern décor and comfortable seating, creating a welcoming atmosphere for patrons. Its prominent location, characterised by high foot traffic, is perfect for attracting a consistent stream of customers. A fully equipped kitchen facilitates efficient food preparation and service, while the diverse menu showcases authentic Turkish cuisine to cater to varied tastes. Furthermore, the restaurant enjoys a solid online presence and boasts positive customer reviews, significantly enhancing its reputation and visibility.

With the business established in 2022, it has seen an increase in turnover throughout the year and operates without direct competition, as it is the only Turkish restaurant in the area. The current owners are selling due to relocation and will provide training for new owners to ensure a smooth transition.

This profitable opportunity is available for an asking price of £75,000, boasting a profit margin of £105,000. Other key features include an available alcohol licence, a bar area, clean restroom facilities, cozy seating arrangements, a diverse selection of beverages, and a fully fitted and well-maintained premises.

Seize this chance to own a well-established Turkish restaurant in a prime location and take advantage of its growth potential in a thriving market.

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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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