FOR SALE
14/02/24
606757
BPD2310246 / Rightbiz
Business Monkey is delighted to bring to the market an established Lebanese/Mediterranean restaurant located on a busy stretch of the affluent and prominent Fulham Road, surrounded by many hotels, offices and local residents.
Adorned with shimmering chains of beads and hammered metal lanterns, this Fulham eatery is an intimate spot for dining with friends, business meetings and romantic dinners. The established business specialises in Lebanese cuisine, as well as offering a wide menu of middle eastern mezes, grills, salads amd wraps.
Premises: Mandaloun restaurant holds a full Class E license to cook and serve hot food on the premises, as well as holding a full alcohol licence from 12pm to 2am. The kitchen is situated at the back of the main restaurant, providing a functional and efficient setup.
Seating Capacity and Outdoor Space: The restaurant can accommodate approximately 30-35 people inside, with a further 20 seatings on the outdoor terrace.
Prime Location: Situated on the bustling Fulham Road, the restaurant benefits from high footfall and widely residential area.The prestigious address puts Mandaloun at the epicenter of the affluent area of Fulham, ensuring a steady stream of potential clients.
Turnkey Business Opportunity: The sale includes all the fixtures and fittings and is ready to continue immediate trading. The business offers great growth potential for a new owner to expand
Financial Details: Generating a turnover of over £480k P/A the business boasts a solid financial foundation. Full accounts are available upon request, providing transparency and insight into the business's performance.
NB: ALL equipment, fixtures & fittings are included in the asking price (Full inventory available on request).
Turnover 22/23: £48,000
Tenure: Leasehold
Rent: £68,000 P/A
Current Trading Hours: Monday-Sunday 12pm- 11pm
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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