Profitable Indian Takeaway in Leicester with High Footfall and Growth Potential for Sale
Leicester, Leicestershire
- Status
SOLD
- Advert ID
621569
- Reference
B08365 / Rightbiz
- Call Agent:
- Leasehold: £45,000
- Turnover: £185,000 (£3,558 per week)
- Net Profit: £125,000 (68% Profit margin)
Business Details
A Profitable Indian Takeaway For Sale
BusinessPlease quote reference B08365
CoGoGo presents Desi Street Food, established three years ago, this business has become a well-loved gem in Leicester's vibrant culinary scene, renowned for its authentic, freshly cooked Indian street food.
Located in a prime high-footfall area since moving to its current site seven months ago, this business benefits from steady passing trade and a loyal customer base, which has earned it an outstanding reputation and glowing reviews online.
Specialising in delicious, vegetarian-friendly dishes, Desi Street Food exclusively uses locally sourced, high-quality ingredients to create a menu that's bursting with flavours. With dedicated options for vegan and gluten-free diets, the business has carved out a niche that appeals to Leicester's diverse, health-conscious clientele. Their selection ranges from classic Indian street food favourites to unique contemporary twists, ensuring there's something for everyone.
In addition to its takeaway offerings, Desi Street Food also provides private catering for events, further expanding its revenue streams and brand presence. Their effective advertising on their website, Instagram, and Deliveroo has driven consistent growth and engagement, allowing them to attract a broad customer base.
Key assets valued at approximately £50,000 are included in the sale, covering all high-quality kitchen equipment, brand assets, and online platforms. The business is currently for sale due to the owners' health issues, creating an excellent opportunity for a new owner to take over a profitable operation.
Potential for Growth:
- Expand Online Marketing: Invest further in social media advertising, including Facebook and Google Ads, to reach new customers in Leicester and beyond.
- Add Non-Vegetarian Options: Introducing a selection of ethically sourced non-vegetarian dishes could attract a larger demographic while retaining the vegetarian core.
- Increase Partnerships: Expand delivery through additional platforms like Uber Eats or Just Eat, boosting orders.
- Boost Catering Services: Increase focus on event catering, including local business lunches and weddings, tapping into Leicester's active community event scene.
Location
Desi Street Food is located at 22-24 Horsefair St, Leicester LE1 5BN.
Premises
Desi Street Food occupies a vibrant double-fronted premises adorned with bold, eye-catching signage that captures the spirit of traditional Indian street markets. Inside, the beautifully decorated space features colourful seating, a bustling service area, and an open kitchen, allowing guests to enjoy the lively sights, sounds, and aromas of authentic Indian street cuisine.
We are advised the business occupies the first floor of the building, following a basement with ample room for storage and a large first-floor space. This first floor has the permission to be sublet for an alternative business, expansion of the current business or additional office space, it consists of two WCs and a smaller storage room.
Tenure
This opportunity is being sold on a Leasehold basis with a 5-year lease in place.
The current rent is £16,000 per annum (with an increase to £25,000 over the 5 years).
Hours
The current operating hours are:
Monday to Friday - 11:30 am to 8:00 pm
Saturday - 12:00 pm to 9:00 pm
Sunday - Closed
Staff
This business is run and managed by our client with the help of 2 full-time staff members.
Financial Profile
This business generated a turnover of £185,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
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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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