Forest Hill London Leasehold Indian Restaurant - Authentic & Well-Established in Prime Location
City of London, London
- Status
FOR SALE
- Date Submitted:
04/11/21
- Advert ID
285569
- Leasehold: £39,995
- Rent: £15,000
- Turnover: £125,000 (£2,404 Per week)
- Net Profit: £50,000 (40% Profit margin)
Key Features
- Attractive Business
- Price Reduced
- Prime Location
- Small Business
- Offers Invited
Business Details
Leasehold Indian restaurant in Forest Hill London
Authentic Indian restaurant for sale - leasehold!
The business has been established for four months and comes with all necessary furnishings in place. Right in the bustling city of London. A strategically located, growing restaurant business. The bus stop is right in front of it and the underground station is only 200 yards away. Located along a heavily travelled main road.
There is virtually no competition on the street so, there is good potential to grow. We have made profits of up to £50,000 with a turnover of £125,000. We have a loyal staff of three. Willing to stay on for a brief training period. The restaurant possesses an alcohol license. Great for late lunches and dinners. Our operating hours were from five pm to 11:30 pm. We have been actively promoting the business on Instagram as well as Facebook.
Willing to sell at £39,995 or the nearest offer. This sale is for the leasehold of the restaurant. I will be selling the stocks at value. Sadly have to sell the business so soon because of my father’s ill health.
Please feel free to contact me for any further details.
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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.
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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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