Mediterranean Restaurant in Chichester Seeks New Owner - Growing Since 2018, Prime Location
Chichester, West Sussex
- Status
FOR SALE
- Date Submitted:
25/01/22
- Advert ID
289465
- Reference
BB5134 / Rightbiz
- Call Agent:
- Leasehold: £240,000
- Rent: £18,600
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Established Business
- Close to Local Amenities
- Attractive Business
- High Turnover
- Unique Business
- Accounts Available
- With Car Park
Business Details
A Warm and Inviting Mediterranean Restaurant in Chichester, West Sussex For Sale
Overview:
For sale is a very well known Mediterranean Restaurant that is ideally placed in Chichester, West Sussex. The restaurant has been serving this affluent community since 2018 and is showing growth year on year.
The current owner has 2 other restaurants and is looking to slim down her portfolio. So this is a genuine business sale.
Annual Turnover: £8,000-£15,000 P/W Net profit: £TBC
Tenure: Leasehold Business Established: 2018
Business Sale Description:
New to the market, is this well established Mediterranean Restaurant that is on the market and comes with a fantastic reputation and a loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into.
Located in a very affluent area, this Mediterranean Restaurant for sale is extremely elegant upon entering its front doors. Everything from the furniture, built-in bar, to the construction of this beauty is bringing guests in droves. With a weekly turnover of between £8,000 - £15,000, that tells you when guests come to this Mediterranean Restaurant that is now for sale, they like to spend their money and have no problem doing so.
A new owner will massively benefit from buying this business that has a multitude of advantages, this Mediterranean Restaurant for sale will not stay on the market long. Contact the Restaurant Brokers today because this opportunity is gone quickly.
The premises has seating for 70 covers as well as having a courtyard area that can catering for between 30-40 people and comes facilitated with a fully fitted kitchen.
The business is fully licensed to sell alcohol and also has plenty of storage space too. Currently, the business has achieved the highest ranking of 5 for its hygiene rating. Well reviewed and rated 4.5 on Trip Advisor and is 4.7 on google too with over 130 reviews.
Great reputation with regular and repeat trade.
A viewing of this business is highly recommended.
Business Location:
The area of Chichester, in which this business is located, is a highly affluent area and benefits from a high footfall.
Key Features of This Business:
Excellent Reputation;
Friendly & Professional Team;
Well Equipped Premise;
Loyal Custom Base;
Equipment to be included
Key Business Information:
Onsite Parking
Good Transport Links
Residential Area
Potential Growth Opportunities:
This is a business that is very well known in the area, so this would be an ideal business for anyone who has food and catering experience especially with Mediterranean food.
Additionally, this is a business that doesn’t use any delivery platform so this gives any new buyer a huge scope option that will also provide extra income to the business.
Vendor Open To a Transition Period: YES
Business Sector Type: Restaurant
Are Company Accounts Available: YES
Management Structure For Business: Run by owner
Business Sale Asking Price:
£240,000
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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