Indian Restaurant in Prime Saint Ives, Cambridgeshire Location for Sale, Freehold or Leasehold
Saint Ives, Cambridgeshire
- Status
FOR SALE
- Date Submitted:
16/04/24
- Advert ID
609837
- Freehold: Price on Application (Stock at valuation)
- Leasehold: Price on Application
- Rent: £26,000
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
Business Details
Established Indian restaurant for sale Freehold or Leasehold available
An established Indian Restaurant, positioned in the heart of Saint Ives in Cambridgeshire, is up for sale. The business boasts a favourable location near the busy busway route to Cambridge, ensuring steady footfall. With its main road location, it is easy to access, making it a convenient choice for diners.
The business has a strong foundation, having been well-established in the past year. Showing promising potential, the turnover has seen an upward trend over the mentioned period. There is minimal competition in the area, fostering a healthy business environment. The current turnover of the business, along with additional financial details, is available upon request.
The pricing for either leasehold or freehold sale of the business is negotiable.
The property also includes a 2-bedroom flat featuring a separate entrance. Unfortunately, due to relocation abroad, the current owner has decided to sell the business, thus presenting a genuine reason behind the sale. The restaurant's operating hours are from 5:30 pm to 11:00 pm, with a day off every Tuesday. In addition, the business employs 9 full-time staff members who contribute to the restaurant's operations.
Furthermore, the business has an established online presence, ensuring customer accessibility and visibility. This includes a dedicated website and active social media engagement through Facebook. They also run food delivery services through partnerships with popular platforms such as JustEat, FoodHub, and TakeYourOrder, providing further business reach and diversification.
We are open to assisting the new owner transition smoothly into the business operations. For additional details or to discuss the business further, please feel free to contact me.
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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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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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