5-Star African/European Fusion Restaurant & Bar in London for Sale at £100,000
Undisclosed, London
- Status
SOLD / WITHDRAWN
- Date Submitted:
05/08/23
- Advert ID
517653
- Reference
R1806 / Rightbiz
- Call Agent:
- Leasehold: £60,000
- Turnover: £130,000 (£2,500 Per week)
- Net Profit: Not Applicable
Business Details
African European Fusion Restaurant & Bar for Sale
WE ARE INFORMED by the owner the turnover currently averages £2,500 per week with a gross profit of 65% approx. FEATURES:5 STAR HYGIENE RATING
DOUBLE FRONTED PREMISES in the region of 465 ft²with ELECTRIC SHUTTERS. Air conditioning. Laminate wood flooring, plasterboard ceiling with spotlights, prendants and a chandelier. Tables and chairs seating 30.
BAR. Electric cash register, coffee machine, 2 under-counter fridges, sink, ice machine, 3 channel slush machine
KITCHEN. Tube lighting, non slip tield flooring. Stainless steel extractor, 4 burner hob, 2 grills, 2 double basket deep fat fryers, microwave, defroster, 2 full height upright fridges, salad fridge with refrigerated topping bins, stainless steel preparation table, dishwasher, double sink and drainer, wash hand basin, grease collector.
Stairs to Basement in the region of 665 ft²
Tables and chairs seating 50 persons
Ladies cloakroom with toilet and sinks (2 stalls)
Gentleman's cloakroom with toilet and sink (2 urinals and 1 stall.)#
Under stairs storage cupboards.
Store room - 2 Chest freezers, upright single door fridge, PRICE:
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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