South Indian Restaurant | | Undisclosed Nottinghamshire | | NOTTINGHAMSHIRE SOUTH INDIAN RESTAURANT Prominent main town ctr location 52 covers plus function room for additional 35 W/T: £4,500 GP: 70% Scope to extend menu & hrs L/H: OIRO £99,000 +SAV REF: 1097NG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64895
ADVERT IMPRESSIONS : 12,451 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Restaurants | | SALE: | Agent Sale | LEASEHOLD: | £99,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is situated in the heart of the centre in a shopping complex benefitting from large footfalls.
The business is positioned within walking distance of the market square. The area is surrounded by a host of national retailers. Asda has recently opened nearby, which will allow free car parking.
HISTORY
The business has been trading successfully from the current location from the same premises for the past three years. Prior to this the site was a busy and successful coffee shop
REASON FOR SALE
Our client wishes to emigrate to Australia
PRODUCTS
The business specialises in traditional South Indian dishes, where margins are greater than the traditional curry
CUSTOMERS
The owners have built up a loyal and regular clientele, where the average spend per head is in excess of £20
ADVERTISING
Some advertising is conducted through the web, the businesses own web site and a local paper.
STAFF
Three full time chefs
Two full time waiters
Two part time waiters.
The staff are available with the business if required by a new owner
FINANCIALS
Weekly takings average £4,500
Gross margin in the region of 70%.
TRADING HOURS
Monday to Thursday 12 noon to 3pm & 6pm to 10:30pm
Friday & Saturday 12 noon to 3pm & 6pm to 11pm
Sunday 12 noon to 3pm
PREMISES
A modern retail unit which has been fully refurbished on the ground floor. The premises briefly consist of:
Single door
Bar
Fifty two covers to the ground floor
Fully equipped commercial kitchen
Function room to the first floor with a capacity of 35 people
First floor ladies and gents W/Cs
First floor storage area
The fixtures and fittings are of a high standard as is the dιcor for the ground floor. The function room may need updating
SCOPE
Offering breakfasts due to the large footfalls would be beneficial. The business previously was a successful coffee bar
Offering traditional Indian curries could lead to more sales
There is potential to open Sunday evenings
Special events at present the owners organise a comedy night once a month which is proving highly successful. More events would lead to increases in revenues
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: | 1097NG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
