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Mediterranean Restaurant For Sale in Chorleywood Hertfordshire, Near Transportation & Businesses

Chorleywood, Hertfordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/04/22

  • Advert ID

    294003

  • Leasehold: £150,000
  • Rent: £18,000
  • Turnover: £364,000 (£7,000 Per week)
  • Net Profit: £100,000 (28% Profit margin)

Key Features

  • Established Business
  • Fully Fitted
  • New Lease

Business Details

Mediterranean restaurant for sale

Well-established Mediterranean restaurant for sale

The restaurant has been established six years in Chorleywood Hertfordshire. I have owned it for 3-4 months. Nearby is the Chorleywood underground station, bus routes links, businesses and retailers.

There are not many restaurants in the area. The sale is for the leasehold of the business. The new lease is for 15 years. I would like to sell the business for £150,000 or your nearest offer.

The sale includes all fixtures and fittings. The weekly turnover is £7000. It has been increasing over time. The reason behind the sale is that my business partner's commute has become an issue. He resides very far and, it would be best for us to find an interested buyer for this excellent business.

The business is open Monday - Saturday, lunch from 12 pm to three pm and dinner from five pm to 10:30 pm. On Sundays it is open just for lunch. We have a staff of five employees. We have a social media presence on Instagram, Facebook and a website.

We are willing to offer training opportunities to the new owners.

Get in touch for more information.

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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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