Popular Chinese snack and grill bar within West Yorkshire with healthy profit margins
Leeds, West Yorkshire
- Status
FOR SALE
- Advert ID
660284
- Reference
829 / Rightbiz
- Call Agent:
- Leasehold: £79,000
- Turnover: £75,068 (£1,444 per week)
- Profit: £9,572 (ROI 12.12% • Payback 8.25 years)
Key Features
- Attractive pricing for investors
- Potential for business growth
- Comfortable dining atmosphere
- Competitive advantage with no local rivals
Business Details
Popular Chinese snack and grill bar within West Yorkshire with healthy profit margins
Swan Business Brokers are delighted to present to market the opportunity to acquire Jin Bao Snack Bar Grill.
Established in February 2018, the business specialises in Chinese-style grilled snacks and freshly prepared dishes.
Jin Bao Snack Bar Grill has an established trading history and a recognisable specialist food offering. Its straightforward operating structure, established premises and strong existing customer base provide an incoming owner with an opportunity to acquire an operational food business with scope to develop its trading profile further.
Jin Bao Snack Bar Grill is ideally located within a high-footfall region of Leeds, West Yorkshire. This location is within an established educational and student-oriented area, close to Leeds Arts University just across the road from the University of Leeds providing a reliable student customer base.
The impressive menu includes a selection of skewers, jian bing (Chinese savoury pancakes), beef brisket noodle casserole and a variety of traditional dishes featuring pork belly, chicken feet and fish balls.
Interest in Jin Bao Snack Bar Grill is expected to be high and early enquiries are recommended in order to avoid disappointment.
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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.
Be safe, use a Rightbiz Solicitor
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