Established Indian Restaurant with 110 Covers for Sale on High Street, Harrow on the Hill
Harrow on the Hill, London
- Status
FOR SALE
- Date Submitted:
01/10/23
- Advert ID
600508
- Leasehold: £350,000
- Rent: £75,000
- Turnover: £624,000 (£12,000 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- High Turnover
- Prime Location
- Town Centre location
- Close to Local Amenities
- Fully Fitted
Business Details
Restaurant for sale in Harrow on the Hill, High street 110 COVERS
An established Indian Restaurant is up for sale, located Harrow on the Hill in London. The appealing locale combined with a rich history of the restaurant makes this a potential opportunity worth considering. The restaurant has been set at a price of £350,000. However, we remain open to offers.
The current turnover of this Indian restaurant is an impressive £624,000. This underlines the business's health and potential. It is an opportunity that comes with an excellent positioning for growth. The restaurant has a massive scope for further business expansion.
The restaurant enjoys a prime location in the town centre. It benefits from a high footfall which only adds to its charisma. This positioning is undoubtedly a contributing factor to its high turnover.
The Indian restaurant is tastefully decorated and can cater to 110 covers at a time. This makes it possible to serve a significant number of customers at a time. All of which makes this a profitable venture and a handsome proposition.
The sale is due to the owner's transition into the club/pub business.
For avid buyers interested in obtaining complete details about this business, kindly contact me.
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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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