Prime Location Peri Peri Chicken Business in Livingston West Lothian for Sale
Livingston, West Lothian
- Status
FOR SALE
- Date Submitted:
01/05/24
- Advert ID
610624
- Leasehold: £240,000
- Rent: £23,000
- Turnover: £550,000 (£10,577 Per week)
- Net Profit: £120,000 (22% Profit margin)
Key Features
- Accounts Available
- Established Business
- High Turnover
- Offers Invited
- Prime Location
- Retirement Sale
- With Car Park
- Ideal for Full Refurbishment
- Town Centre location
- Close to Local Amenities
- New Lease
- Fully Fitted
Business Details
Perı perı chicken
I am looking to sell my established Peri Peri chicken business, which is located in a prime area in the town center of Livingston West Lothian. The restaurant's modern and vibrant interior includes a sit-in and takeaway option and is fully equipped with a commercial kitchen and a diverse menu. There is also ample seating available, with dining booths and tables, and highly visible branding and signage. The establishment operates seven days a week, from 11 am to 10 pm, ensuring a high turnover.
Due to my impending retirement, I am introducing this lucrative opportunity for an interested buyer. The leasehold asking price for the business is £240,000, and I am open to negotiations. The business has an impressive current turnover of £550,000 and a profit margin of £120,000. Importantly, the selling price includes all stock, making this a perfect ready-to-run opportunity.
The restaurant also has a substantial online presence, through our website, Instagram, Facebook, and is even listed on the app store and google-play store. This notable digital footprint opens up potential for direct order services. Accounts for the business are readily available for review.
The restaurant is advantageously located close to other local amenities and comes with an accompanying car park. This location is recognized for its regular footfall, making it a much sought after spot. However, the premises also offers the potential for full refurbishment should the new owner desire. Additionally, the sale includes a new lease. This is a fantastic opportunity for anyone looking to invest in a well-established, high-turnover business with a promising growth trajectory and location.
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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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