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Authentic Indonesian-Malaysian Restaurant with Fixtures in Birmingham

Birmingham, West Midlands
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Indonesian and Malaysian Cuisine in Birmingham Photo 1
Indonesian and Malaysian Cuisine in Birmingham Photo 2
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Indonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in BirminghamIndonesian and Malaysian Cuisine in Birmingham
  • Status

    FOR SALE

  • Date Submitted:

    17/02/23

  • Advert ID

    508565

  • Reference

    2340E / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £100,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Unique Business
  • Adjacent to Multiple Retailers
  • Prime Location
  • Accounts Available
  • Close to Local Amenities
  • Fully Fitted
  • Attractive Business
  • Established Business
  • Ideal for Full Refurbishment

Business Details

Indonesian and Malaysian Cuisine in Birmingham

Summary:

  • Huge Potential
  • Heavy Footfall Area
  • Prime Location
  • Residential Area
  • Highly Rated
  • All Fixtures & Fittings Included

Business Description:

Silk Letting LTD are proud to present to the market an authentic restaurant in the busy city of Birmingham

This well-established business currently serves its customers the finest Indonesian and Malaysian cuisine and has been doing since 2020

Situated in a busy residential area, the business benefits from the heavy amount of footfall within the area which results in a lot of passing trade and walk-in custom.

Currently serving things such as curries, gorengs and desserts, this business has managed to build itself a good reputation with 5-star reviews and a 5-star hygiene rating to back this up.

All fixtures, fittings and a website are included within the purchase of this business giving the new owner an advantage to get going right away. The business does also have delivery agreements already with Deliveroo

Location and Amenities:

This business is based in a busy residential area surrounded by many local amenities. With it being less than 5 miles away from the city centre and nearby to The University of Birmingham, this area produces a heavy amount of foot traffic.

Due to its prime location, this business benefits from the heavy amount of footfall that the area generates which then factors towards the amount of passing trade and walk-in custom.

The premises is easily accessible as there are plenty of parking spaces outside of the shop and along the road which is free for one hour. However, if public transport is what suits you best, then no need to worry as there are local bus stops nearby.

Growth Potential:

One way in which a new owner could expand on this business is by gaining more delivery agreements with different delivery providers such as Uber Eats or Just Eat. This gives the new owner a chance to reach out to a wider audience and potentially bring in more customers and revenue.

Another way in which the owner could expand on this well-established business is by creating social media accounts for many different reasons. For example, the business could promote its services on Instagram and take photos that will look appealing to the audience. This creates an opportunity to reach out to a wider audience as social media has a greater reach than just word of mouth.

Through a social media account, you could also interact with customers and ask them questions about things like the menu. Doing this would help the owner adapt to the customer\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'s wants and needs and ensure that they are always satisfied.

Financial Profile:

Tenure: Lease – 7 years left remaining on the lease.

Turnover is available upon request.

Property:

The premises is over 2 floors with the restaurant being beautifully present with its traditional décor throughout the first floor. With the seating area having around 10 covers, there is enough space for customers to dine in comfort. There are also an additional ten covers in the outdoor space of the premises. 

The business floor consists of a seating area, a counter area, a spacious kitchen, an outdoor space where there is more seating and a storage room at the back.

The second floor consists of a one-bedroom flat which doesn’t currently have a tenant. This creates the chance for a new owner to maximise profits by potentially renting this flat out to a tenant. This flat as of now, is currently being used as an office however, a new owner could change this to whatever is convenient to them.

Fixtures and Fittings:

All fixtures and fittings are included within the purchase of this business, alongside a fully functional website. This makes the business ready to get going right away for a new owner.

A full list of assets is available upon request.

Staff:

The business does currently have three staff members however, it is owner run meaning that none of the current staff will be available upon new ownership.

We encourage buyers not to miss out on this perfect opportunity, this is your chance to expand on this already well-established business!

Reason for the business sale: 

The owner is deciding to sell this business as he is looking to retire in hopes that a new owner can continue the success of their business.

A viewing of this business is highly recommended to appreciate its true value and the potential that it has for a new owner. Book now to avoid disappointment!

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sales enquiries or arrange a viewing on 0161 507 9791.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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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Do not 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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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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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.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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