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Award-winning modern British restaurant in Gloucestershire available for sale due to retirement.

Undisclosed, GloucestershireEst. 10 years

CONFIDENTIAL

  • Turnover: £311,000 (£5,981 per week)
  • Profit: Not Applicable

Business Details

MULTI AWARD WINNING RESTAURANT

LOCATED IN GLOUCESTERSHIRE£311,000 FOUR-YEAR AVERAGE TURNOVERThe company is an established modern British restaurant, trading for over a decade.The restaurant serves lunch and dinner for up to 30 covers in an affluent and popular location.Our clients are offering the company for sale to facilitate their retirement plans.Michelin-listed for over a decade, with multiple national and local awards, including two AA Rosettes.Loyal, repeat customer base and strong online reviews of circa 93% across Google and Tripadvisor.Strong second-tier management team in place, reducing reliance on the shareholders.Operates from recently refurbished and renovated leasehold premises for £18,700 per annum, with a new 10-year lease available, but also considered a relocatable opportunityOffers 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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