Thriving Indian Restaurant/Takeaway in Derby Derbyshire, 25+ Years Established
Derby, Derbyshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
12/05/22
- Advert ID
295245
- Leasehold: Price on Application
- Turnover: £280,000 (£5,385 Per week)
- Net Profit: £85,000 (31% Profit margin)
Key Features
- Offers Invited
- Fully Fitted
- Established Business
- High Turnover
- Adjacent to Multiple Retailers
- Attractive Business
- Close to Local Amenities
- Prime Location
- Unique Business
- New Lease
Business Details
Reputable Indian Restaurant Takeaway for sale Successful Business
A fantastic opportunity to acquire this well-established restaurant, which is ideally located within Derby.
The business was originally established over 25 years ago and has been in our ownership since.
Only now is the business being offered to the market due to other business opportunities. The business currently operates six days per week and generates a turnover in the region of £280,000 per annum, with a good gross profit.
Well known in the area for fantastic dishes such as samosas, kebabs, a range of Punjabi curries and much more with fantastic reviews- such as Fantastic food didn't fail to impress, would 100% recommend to anyone. Will definitely be coming back for more!'
The business has built up an enviable reputation within the area and further afield for the very high quality of the food and service, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. The business also has excellent website reviews on the very popular travel website Trip Advisor.
The sale of the business includes
3 × freezers
5 × fridge
6 x Tables
24 × Chairs
5 x stainless steel prep tables
2 × Cooker
1 × Cold room
We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening every evening within the week. A new owner could also embark on a modest marketing campaign to promote the excellent food and service offered.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
Location
The business is located in an area providing an abundance of footfall.
The area is surrounded by a wealth of complimentary shops and businesses, with free parking within the proximity.
Derby train station is just a short drive away and there are main bus links leading to and from surrounding towns.
The A52 is also a short drive away which leads to the M1 motorway network.
Premises
The business is located in a traditional purpose-built commercial premises.
The premises briefly comprises of:
Bright & welcoming service area, with seating, service counter with order & till area, and refrigerated storage.
To the rear is the kitchen area with a host of industry-standard equipment, ample stainless steel preparation areas with sink, various refrigerated & freezer storage & chiller, along with ample food preparation areas.
Tenure
The business is being sold on a Leasehold basis. The rent is £1,750 per month.
Hours
The business hours are -
Monday-Closed
Tuesday-10:00AM-6:00PM
Wednesday -10:00AM-6:00PM
Thursday -10:00AM-6:00PM
Friday - 10:00AM-6:00PM
Saturday - 10:00AM-6:00PM
Sunday - 10:00AM-5:00PM
Staff
The business has five members of staff.
Financial Profile
As per the 2020 accounts, the business generated a turnover in the region of £280,000. Full financials can be made available upon further request.
Map
What's Nearby
Listing Statistics
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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.
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