Top Nepalese Restaurant in Derby For Sale - Great Reputation, Living Space, Growth Potential
Derby, Derbyshire
- Status
FOR SALE
- Date Submitted:
09/05/23
- Advert ID
512894
- Reference
B07325 / Rightbiz
- Call Agent:
- Leasehold: £68,000
- Turnover: £120,879 (£2,325 Per week)
- Net Profit: Not Applicable
Business Details
Highly rated Nepalese restaurant for sale in Derby
BusinessPlease quote reference B07325
CoGoGo are delighted to welcome to the market Gurkha Junction Restaurant Derby, a highly rated Nepalese restaurant in Derby.
The business was originally established in 2016, with our client taking over in September 2020. It's built up an excellent reputation and repeat customer base during our clients short time of ownership.
Gurkha Junction Restaurant Derby has now come to the open market due to our clients desire to retire.
Gurkha Junction Restaurant Derby is a traditional restaurant that specialises in Nepalese and Indian Cuisine.
Key selling points -
- Well established
- Excellent reputation
- Potential living accommodation
- 4.6/5 Google review score
- Fantastic online reviews
- Expand catchment area for deliveries
- Increase marketing/advertising
- Introduce leaflet drops.
Location
Gurkha Junction Restaurant Derby is located on Nottingham Rd in Spondon, Derby.
The business has eye catching signage and receives high levels of footfall and passing trade.
Premises
Ground floor -
- Restaurant area - Modern and bespoke décor with dressed tables and bespoke lighting creating a warm and inviting ambience.
- Bar area - Fitted bar with under counter storage, Drinks display stands and shelving.
- Commercial Kitchen area - Fitted out to suit the trade with easy clean wall coverings and flooring. Ample storage space and fitted cupboards.
- WC
- Storage room
- Self contained flat - Currently rented out to a tenant generation additional income, could be used as livening accommodation for the buyer
Tenure
We are advised that the business is being sold on a leasehold basis, with a new 10 year lease to be offered to the new buyer. The rent is £21,000 per annum (including rent for the flat). The flat rental income generated is £900 per month.
Hours
The current trading hours are -
Monday - Closed
Tuesday – 4:15pm - 9pm
Wednesday – 4:15pm - 9pm
Thursday – 4:15pm - 9pm
Friday - 4:30pm - 10pm
Saturday – 4:15pm - 10pm
Sunday - 4:30pm – 9:30pm
Staff
We are advised that the business has 2 chefs, 1 front of house staff member and adhoc waitresses.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £120,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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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.
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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