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Profitable Shisha Bar and Restaurant in Nottingham with High Turnover for Sale

Nottingham, Nottinghamshire
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This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham Photo 1
This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham Photo 2
This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham Photo 3
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This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in NottinghamThis is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in NottinghamThis is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in NottinghamThis is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in NottinghamThis is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham
  • Status

    FOR SALE

  • Date Submitted:

    05/01/24

  • Advert ID

    604619

  • Reference

    535 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £150,000
  • Turnover: £500,000 (£9,615 Per week)
  • Net Profit: Not Applicable

Key Features

  • Fully Fitted
  • Attractive Business
  • Close to Local Amenities
  • With Car Park
  • Central Position in Affluent Village
  • Unique Business
  • Adjacent to Multiple Retailers
  • Prime Location
  • High Turnover

Business Details

This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham

This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham. The business is available on a leasehold basis.

The business is a concept that the current owner has skilfully created. The business operates as a high-quality restaurant and coffee lounge to the front of the premises and a popular shisha lounge at the back. They offer a varied menu which includes items such as breakfasts, burgers, wraps, shish, steaks, fish dishes, milkshakes, and other dishes to their customer base. They also offer vegan and organic options to cater for dietary needs. There is no alcohol licence currently in place but it would be easy to obtain one if necessary.

The business has been established since 2022 and has experienced steady growth since then. They have built up an excellent reputation in their local community and are already considered a household name in the area. They can also boast a loyal customer base amongst residents, students, commuters, and those who work in the area which has resulted in a vast amount of repeat business and impressive financial figures over a sustained period.

The premises has been renovated to a very high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures and fittings. The premises can comfortably seat 130 diners inside – 55 in the restaurant at the front, and 75 in the high-quality shisha lounge in the back.

·       High footfall and passing trade

·       Highly sought-after location

·       Loyal customer base

·       130 internal covers in total

·       Reliable staff

·       All fixtures and fittings included

·       Competitive lease

·       Minimal competition

·       High turnover - £500,000 (approx.)

·       Huge potential for further growth and success.

·       Parking nearby

·       Excellent transport links

It is with a heavy heart that the current vendor is selling due to other business interests. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the catering sector or an existing business looking for a lucrative acquisition.

We have already received a high number of enquires at this initial stage, so to avoid disappointment, please contact us for further information.

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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.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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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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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The data showed regarding this advert 'This is a rare opportunity to acquire a fashionable Shisha Bar and Restaurant based in Nottingham - 535 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.