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Established Indian Takeaway in Busy Radcliffe Area on Sale

Radcliffe, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    08/01/24

  • Advert ID

    604717

  • Leasehold: £75,000
  • Rent: £9,600
  • Turnover: £408,000 (£7,846 Per week)
  • Net Profit: £200,000 (50% Profit margin)

Business Details

Indian takeaway for sale in radcliffe busy area

A takeaway business located in Radcliffe, Manchester, is on sale. Established 13 years ago, the business has developed into one of the most reputable indian takeaways in the area. With the leasehold price set at £75,000, the venture has grown to yield an impressive annual turnover of £408,000. However, I am open to negotiations and will consider the nearest offer.

This business has been operating successfully within my family since its inception. It is positioned in a prime location on a main road, in the heart of Radcliffe, ensuring a consistent flow of customers. Additionally, its reputation enjoys further protection due to little or no competition in the vicinity.

The selling price of this business includes all fixtures and fittings. Over the years, the turnover has remained steady; demonstrating the breadth of our loyal customer base. The sale also incorporates a one-bedroom flat.

Unfortunately, personal commitments have led me to make the decision to sell. I am required to frequently travel abroad due to a family member’s ill health. Currently the business is open seven days a week, operating from 4 pm to 11:30 pm and until 1 am on Fridays and Saturdays.

Our team of six staff members, including two delivery drivers, ensures the smooth running of operations. We also have a functioning website that accepts orders, although the majority of our trade comes from telephone orders from our regular customers. We have partnered with popular food delivery platforms Ubereats and Justeat to cater to a wider audience.

We are also open to training opportunities and are willing to provide the necessary training to help the new owner settle in. For more detailed information about this business opportunity, please contact me directly.

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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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