Featured Brokers
CONFIDENTIAL
FOR SALE
660099
S1689a / Rightbiz
Starling Corporate is delighted to present an exceptional opportunity to acquire a highly regarded, fully licensed Vietnamese restaurant situated in a prime city-centre location in Lincoln.
Established in 2020, the business has developed a strong presence within the local hospitality market, building a loyal customer base and a consistent financial model. Benefiting from an enviable trading position and Lincoln's substantial student population, the restaurant enjoys strong weekday and daytime trade, complemented by established weekend custom.
The business offers an authentic Vietnamese dining experience, supported by an attractive food and drinks menu delivering gross profit margins in excess of 70%. Its reputation is further reinforced by its position among the city's top five restaurants.
Operating from impressive, recently refurbished premises, the restaurant benefits from a high-quality fit-out representing an investment in excess of £50,000. The combination of contemporary surroundings, a well-equipped commercial kitchen and an established operational structure provides an attractive turnkey proposition for an incoming purchaser.
Currently family-managed, supported by an experienced team, the business would suit an owner-operator seeking an established hospitality venture or an existing restaurant group looking to expand its regional presence.
Key Investment Highlights:
Prime city-centre location in Lincoln with excellent passing footfall.
Established and highly regarded Vietnamese restaurant.
Gross profit margins exceeding 70% across the menu.
Access to a substantial student population of approximately 20,000.
Ranked among the top five restaurants in the city.
Recent refurbishment and fit-out investment exceeding £50,000.
Fully licensed premises with an attractive food and beverage offering.
Established team and consistent trading performance.
Suitable for owner-operation or acquisition as a strategic bolt-on.
This represents a compelling opportunity to acquire one of Lincolnshire's best-equipped Asian restaurants, offering an established trading platform, attractive margins and further potential under new ownership.
Offers are invited. Early enquiries and inspections are strongly recommended.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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