Licensed Indian Restaurant & Takeaway with High Turnover in London for Sale
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
20/07/23
- Advert ID
516936
- Reference
R1790 / Rightbiz
- Call Agent:
- Leasehold: £110,000
- Turnover: £416,000 (£8,000 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Indian Restaurant & Takeaway for Sale
WE ARE INFORMED the turnover, takeaway only, at present is currently in the region of £7,500/£8,000 per week In our opinion offering further potential to increase in the right hands. FEATURES:This well established Indian Restaurant has been in the same hands since 1996 and there are genuine reasons for sale.
In our opinion in view of the excellent trading position, there is potential for other types of cuisine, if desired.
ATTRACTIVE DOUBLE FRONTED RESTAUANT in the region of 588 ft² with woodstrip floor, ceiling with spotlighting. Air conditioning/heating. Tables & chairs providing seating for 35 persons. BAR with 1 hand pump, 1 single door glass fronted fridge, sink.
Fully tiled ladies' & gentlemen's cloakrooms
LEVEL KITCHEN with quarry tiled floor, tiled walls, stainless steel extractor system, Tandoori oven, 6-burner gas cooker with oven, 2 commercial microwave ovens, 2 fridges, 3 chest deep freezers, 1 large stainless steel table, 1 small stainless steel table, double sink & drainer, wash hand basin etc. ACCOMMODATION:
INTERNAL STAIRCASE to first floor area comprising at present 2 rooms plus shower room with shower.
It will be appreciated upon inspection that there is potential to provide a separate rear access to the first floor & to convert the first floor rooms into a self contained flat, which in our opinion could command a good rental income, if not required for personal use. PRICE:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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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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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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 number 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.
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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.'.
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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.
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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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