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Mexican restaurant for sale in Camden high street

Camden Town, LondonEst. 9 years

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    658398

  • Leasehold: £189,000
  • Rent: £26,000 (£2,167 per month)
  • Turnover: £440,000 (£8,462 per week)
  • Profit: Not Applicable

Key Features

  • Independent cafe with character
  • Leasehold sale including fixtures
  • Licensed bar and restaurant
  • Limited owner involvement

Business Details

Mexican restaurant for sale in Camden high street

A unique opportunity has arisen to acquire an independent Mexican restaurant located in the vibrant area of Camden Town, London. Established in 2017, this well-regarded eatery has built a strong reputation over the past nine years, offering a delightful culinary experience amidst the bustling high street. The restaurant benefits from a prime location and is well-positioned to attract a diverse clientele, thanks in part to its proximity to popular Koko concerts, among other nearby amenities.

The business is currently available as a leasehold sale, with a transparent asking price available upon request. The current turnover stands at an impressive £440,000, illustrating the restaurant's robust financial performance. The annual rent for the premises is set at £26,000, making this an attractive investment for potential buyers. Importantly, all stocks are included in the sale, allowing for a seamless transition for new owners.

This charming café offers a host of appealing features. The sale includes a comprehensive array of fixtures and fittings, catering to the needs of a licensed bar and restaurant. Despite the restaurant's popularity, it requires minimal staffing; currently, there are seven dedicated employees supporting operations. A key benefit for new owners is the limited involvement required from the current owner, providing a unique opportunity for a more hands-off management style.

Furthermore, the restaurant's engagement with local tourists opens doors to further growth and expansion. Although there has been limited use of social media, this presents an opportunity for new ownership to enhance marketing efforts and attract an even wider audience. Overall, this establishment represents a promising venture for anyone looking to dive into the thriving London dining scene.

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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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