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Acclaimed Mediterranean Restaurant in Stanmore, London for Sale

Stanmore, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    22/03/24

  • Advert ID

    608677

  • Leasehold: £360,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Fully Fitted
  • Prime Location
  • Accounts Available
  • Town Centre location

Business Details

Mediterranean Restaurant for sale in Stanmore

A highly acclaimed Mediterranean Restaurant, situated in Stanmore, London, is currently on sale. The business, established in 2017, has flourished for several years under my ownership. This venture has successfully managed to gain extensive recognition, possessing over 600 reviews and a stellar 4.6-star rating. 

Offered at a leasehold price of £360,000, the deal encompasses all current stock within the price. The restaurant is conveniently stationed just off the main road within the town centre, with the Stanmore underground station being close by. Despite being in a prime location, the restaurant faces little competition locally, providing an excellent opportunity for potential buyers.

As the owner of this establishment right from its inception, I have watched it grow steadily with an escalating turnover. The sale will include all fixtures and fittings integral to the smooth running of the business. Furthermore, due to my inescapable commitments to my other businesses, I have found it challenging to allocate time evenly, making this sale necessary.

Operating mostly from 8 am to 10 pm, the restaurant is open from 8 am to 4 pm every Monday. A team of 16 dedicated employees keeps the establishment running proficiently. Along with a responsive website, the restaurant also has an active social media presence, further endorsing its popularity among patrons. 

To ensure a seamless transition of ownership, we are open to providing ample training opportunities to the new owners. The restaurant's outstanding reviews speak for its dedication to quality and service. For any further details about this business, please feel free to contact me.

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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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