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Prime Town-Centre Indian Restaurant for Sale in Darlington, Recently Refurbished

Darlington, County Durham
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Well established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for saleWell established Indian restaurant for sale
  • Status

    FOR SALE

  • Date Submitted:

    26/10/23

  • Advert ID

    601725

  • Reference

    B07610 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £20,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Well established Indian restaurant for sale

Business
Please quote reference B07610

CoGoGo are delighted to welcome to the market Reema, a highly rated Indian restaurant in Darlington, County Durham.

The business was first established in 1999, and has been under our clients ownership for many years. As seen by the online ratings and reviews, the business is extremely popular within the local community. 

Reema has now come to the open market due to our clients recent relocation out of the country. 

Reema is a well established Indian restaurant that has recently been refurbished to a high standard. Its very spacious and is spread over 2 floors, having a capacity upto 50 people. They also offer outdoor space for customers in the warmer months. 

The restaurant offers eat in or takeaway options. Customers can also request a delivery option by ordering over the phone or through their website. Its then delivered by Orderyoyo. 

Key selling points -

  • Prime location
  • Recently refurbished
  • Town centre trading position
  • Well Established
  • Large space
Scope for further growth -

  • Increase advertising/marketing
  • Leaflet drops within the town
  • List with Just Eat and Uber Eats
  • Extend trading hours


Location
Reema is situated on Coniscliffe Road, in the town centre of Darlington, County Durham.

The business receives good levels of footfall and passing trade.



Premises
Situated over 2 floors, with 50 covers. This fully furnished restaurant requires no further work to be carried out. 

The kitchen area is fully kitted out and prepped to meet hygiene and safety standards. 

There are two seperate restrooms for customers. 



Tenure
We are advised that the business is being sold on a Leasehold basis, with the current rent at £12,000 per annum. 



Hours
The current trading hours are -

Monday to Thursday - 5:00pm - 10:00pm

Friday to Saturday - 5:00pm - 11:00pm

Sunday - Closed



Staff
We are advised that the business has 9 members of staff. 



Financial Profile
Further financials can be made available upon request. 



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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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