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Related Ads > Nottinghamshire Business for Sale > eIndian Restaurants to Let > Indian Restaurants in Nottinghamshire for Sale 

Freehold Indian Restaurant With Accommodation

Undisclosed Nottinghamshire
NOTTINGHAMSHIRE FREEHOLD INDIAN RESTAURANT WITH ACCOMMODATION Located on main road in residential area premises over 3 floors Large range of dishes on offer - deliveries and takeways 2 Double bed accommodation W/T: £1,500 GP: 72% Scope to extend to lunchtime and offer outside catering F/H: £240,000 +SAV OR L/H: £40,000 +SAV REF: 9807NG
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 54485
ADVERT IMPRESSIONS : 22,169 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Indian Restaurants
SALE: Agent Sale

FREEHOLD:

£240000

LEASEHOLD:

£40000
 

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BUSINESS DETAILS:

LOCATION

• Well established, select, Indian restaurant, takeaway and flat
• Located on a main feeder road into the city of Nottingham
• Highly residential area
• Good side street parking

HISTORY

• Established by vendor as a family business 4½ years ago
• Excellent reputation
• Well known in the area

REASON FOR SALE

• Genuine family re-location forces sale

OFFERING

• Full range of alcoholic drinks
• Large variety of Indian starters
• Main dishes and accompaniments including Tawa dishes, Tandoori dishes, Masala dishes, Biryani dishes, Bhuna dishes and Jalfrezi

CUSTOMERS

• Mainly local customers for both in house dining and takeaway
• Deliveries up to a 3 – 5 mile radius

STAFF

• 4 members of the family as required

TRADING HOURS

• Mon – Sun: 5pm – 12 midnight

FINANCIALS

• Weekly takings £1,500
• Gross profit margin 72.5%
• Stock holding £5,000
• Fixtures and fittings £15,000


PREMISES

• The building is a single fronted 3 floor terraced house with cellar
• Door to restaurant to right hand side
• Leading to lobby with cloak room facility
• 18 cover restaurant with bar area
• Waiting area
• Dιcor is clean, tidy and well presented
• Ladies, gents and disabled toilets to rear
• Doorway to kitchen at rear left hand

Kitchen comprises:
• Prep area, cooking and wash up
• At the rear is a store area, staff w/c and back door
• Doorway to storage cellar

Equipment includes:
• 8 burner range
• Tandoor oven
• Hot cupboard
• Microwave cooker
• Double sink/drainer and handwash
• Full extraction
• Vertical deep freeze
• Large fridge / freezer

Cellar contains:
• Storage shelves and chest deep freeze
• Beer racking and gas

First Floor
• Accommodation – bathroom with w/c, kitchen, large double bedroom, lounge

Second Floor
• 2 double bedrooms

STRENGTHS

• Excellent local reputation, well established
• No immediate investment required beyond consideration price
• Very good menu selection
• Main road location
• Family accommodation

VIEWINGS

• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.

SCOPE

• Lunch time offers
• Outside catering
• Ideal business for another family to own

TENURE

• Freehold or Leasehold




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
   
  FOR SALE
   

REFERENCE:

9807NG / RightBiz
   
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ENQUIRIES:

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