Fantastic Opportunity! Restaurant For Sale In Northampton. | | Northampton Northamptonshire | | Successful 55 Seat Indian Restaurant, with, potential of further development. Lease to let or rent Fantastic Opportunity! Restaurant For Sale In Northampton. is located in Northamptonshire. | | ADVERT NUMBER : 65237
ADVERT IMPRESSIONS : 9,342 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Indian Restaurants | | SALE: | Private Sale | ASKING PRICE: | £55000 | | | | | BUSINESS DETAILS: | LOCATION
The business is situated in the heart of the town centre near shopping centres 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.
HISTORY
The business has been trading successfully from the current location from the same premises for almost one and half years. This was previously been trading as Indian restaurant.
PRODUCTS
The business specialises in traditional South Indian and North Indian dishes.
CUSTOMERS
The owners have built up a loyal and regular clientele, where the average spend per head is in the region of £20
ADVERTISING
Some advertising is conducted through the web, the businesses own web site and local papers.
STAFF
Two full time chefs
One full time waiter.
One part time waiter
The staff are available with the business if required by a new owner
FINANCIALS
Weekly takings average £3, 250
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 & 6pm to 10:30pm
PREMISES
A modern retail unit which has been fully refurbished. The premises briefly consist of:
Bar
Fifty Five covers to the main Restaurant
Fully equipped commercial kitchen
Ladies and gents W/Cs
Disabled access to the Restaurant and toilet
The fixtures and fittings are of a high standard as is the dιcor for the Restaurant.
SCOPE
Introducing special Lunch offers due to the large footfalls would be beneficial.
Offering traditional Indian curries could lead to more sales
There is potential to open Sunday Family Buffet.
Huge potential to cater for the students at the University.
Very high potential for outside catering. The restaurant already caters for special events and banquet functions.
TENURE
Original Lease: 25 Years
Remaining Lease: 15 Years
Rent: £16, 500per annum
Rates: £9, 000 per annum
Other Information
The property is under refurbishment and estimated to complete early October. | | | | | | UNDER OFFER | | | | | | | | | | | |
