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Italian restaurant for sale in Hollingworth Manchester named Ltalian

Hollingworth, Manchester
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Italian Restaurant for sale Italian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for saleItalian Restaurant for sale
  • Status

    FOR SALE

  • Advert ID

    652297

  • Leasehold: £130,000
  • Rent: £19,200 (£1,600 per month)
  • Turnover: £550,000 (£10,577 per week)
  • Profit: On request

Key Features

  • Established business with growth potential
  • High-quality food and service
  • Stock included in sale
  • Inclusive sale of goodwill

Business Details

Italian Restaurant for sale

We are excited to present a remarkable opportunity to acquire a thriving Italian restaurant, perfectly situated in a prime location. Renowned for its authentic Italian cuisine and exceptional service, this establishment has cultivated a loyal clientele over the years. With an impressive track record of performance, the restaurant stands as a testament to quality and dedication. The current owner is seeking a sale to focus on other business ventures, making this a fantastic prospect for anyone looking to step into a successful and well-established enterprise. Don’t miss your chance to be a part of this exciting opportunity—reach out for further details!

This restaurant has been a cherished part of the community for over 24 years, with the current owner operating it for the last four years. In this time, there has been a noticeable increase in turnover, demonstrating the business's potential for growth and continued success. The decision to sell is influenced by the owner’s desire to dedicate more time to three other business ventures, allowing a new proprietor to take the reins. Furthermore, the current owner is committed to ensuring a smooth transition and will provide training opportunities to the new owners.

Situated in Hollingworth, Manchester, this leasehold opportunity is available at a competitive asking price, with the current turnover reaching £550,000. The annual rent is set at £19,200, and all existing stock is included in the sale, offering an attractive proposition for prospective buyers. The restaurant not only highlights high-quality food and service but also comes with included goodwill, making it an appealing investment for those looking to enhance their portfolio.

Key Features

This established business boasts significant growth potential, making it an ideal choice for those passionate about the restaurant industry. Key features of this opportunity include:

  • A well-established restaurant with a proven track record
  • Exceptional food quality and service, ensuring customer satisfaction
  • All stock included in the sale, providing immediate operational capability
  • The sale includes the goodwill associated with the brand, facilitating a seamless transition

In summary, this is an excellent chance to invest in a successful restaurant that combines a rich history with significant potential for future growth. For further information and to explore this promising venture, please do not hesitate to get in touch!

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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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