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CONFIDENTIAL SALE
FOR SALE
24/03/23
510597
2411 / Rightbiz
Summary:
Business Description:
Silk Letting LTD are proud to present to the market a traditional Indian Cuisine in Birmingham. This takeaway has been serving its customers the finest cuisines from things like:
Kebabs
Chicken Tikka
Lamb Tikka
Pakoras
Wings
Butter Chicken and much more
Leaving their customers spoilt for choice, this business has built an excellent client base having many loyal customers coming back to try new things from the menu. Also, with over 50 highly rated reviews online, this takeaway has built up a superb reputation for itself, giving it a very good look to potential customers.
The business operates from walk-ins, Deliveroo and through food hub. The purchase of the business also comes with a fully functional website.
With all fixtures and fittings included within the purchase of this business, it makes it ready for a new owner to get going right away.
Location and Amenities:
Situated on the main road within a very busy residential area, this business is put in the perfect place for a takeaway. With the area generating a huge amount of traffic and footfall from the residents within these surrounding homes, it benefits the business greatly as this leads to a high amount of walking and passing trade.
The business is also surrounded by a few shops which are from a different trade, this means that there is a lack of competition within the area.
With parking outside of the property and plenty of parking spaces along the road where the business is based, this business is very easily accessible for customers, staff, and the owner if they do need to travel to the premises via public transport.
Also, with a bus stop right outside of the premises, it gives ease of access to anyone who needs to travel to the premises via public transport.
Growth Potential:
This takeaway has already grown to become a success however, there are still many ways in which in new owner can expand.
Currently, the business opens at 5:00 pm every day which leaves a big gap for sales during the earlier hours of the day. There could potentially be customers who may feel like eating food that the takeaway offers at these times of the day; however, they do not have access to it as it is closed. So, by opening at earlier times of the day, it could bring in a lot more customers and help the business maximise profits and revenue.
The takeaway is also being advertised on social media already however, a buyer could launch marketing campaigns to reach out to a wider audience through social media. This would help the business bring in potential customers from a various number of places and not just from the local area.
Financial Profile:
Tenure: Lease (Rents Property Only) – 3 years left remaining on the lease.
Turnover is available upon request.
Property:
This business is presented throughout one spacious floor, ensuring that customers and staff can both feel comfortable whilst within the premises.
It is presented with a waiting area for customers, a kitchen, a dry storeroom, a walk-in freezer, and a toilet.
Security Features:
The owner doesn’t have access to the CCTV cameras as these are the landlords however, a buyer could negotiate with the landlord to get access to the CCTV cameras.
We advise our buyers not to miss out on this opportunity!
Fixtures and Fittings:
All fixtures and fittings are available within the purchase of this business which gives a buyer an advantage as it assists them in an easy takeover.
A full list of assets is available upon request.
Staff:
The business currently employs 3 full-time staff and 2 part-time members. A buyer can negotiate with them if they do want to stay under new ownership.
It is currently open:
Wednesday – Monday – 5:00 pm – 10:30 pm
Reason for the business sale:
The owner is currently selling the business due to other commitments, which creates the perfect opportunity for a buyer to step in and continue the ongoing success of this business.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sales enquiries or to arrange a viewing on 0161 507 9791.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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