Upscale Indian Restaurant with 200 Seats in Lye, Stourbridge for Sale, High Turnover
Lye, West Midlands
- Status
FOR SALE
- Advert ID
622859
- Leasehold: Price on Application (Stock at valuation)
- Rent: £26,000 (£2,167 per month)
- Turnover: £338,000 (£6,500 per week)
- Profit: On request
Key Features
- Established Business
- Offers Invited
- Accounts Available
- Fully Fitted
Business Details
200 Seater Indian Restaurant in Lye, Stourbridge
This well-maintained and modern 200-seat Indian restaurant, located in the town center of Lye, Stourbridge in the West Midlands, holds a strong reputation with an established customer base and consistent sales. With substantial investment made to bring all equipment up to standard, the restaurant is fully furnished, and all fixtures and fittings are included in the sale price.
Under the current ownership of one year, the business has experienced a 50% growth in turnover and is projected to achieve profitability within 3 months. Its advantageous location, adjacent to large parking facilities and close to the High Street and train station, further enhances its appeal, while the area itself is recognized as a popular hotspot for Indian restaurants, facing very little direct competition.
With 10 years of establishment and a current turnover of £338,000, this leasehold opportunity welcomes interested parties to request the asking price. The annual rent for the premises is £26,000, and full accounts are available for perusal. The owners are considering offers and highlight the potential for alternative uses of the property.
The restaurant boasts a dedicated team comprised of a Chef, Tandoori Chef, Cook, Porter, Manager, Head Waiter, Commis Waiter, weekend staff, and delivery drivers. It also has a robust online presence with its own website and affiliations with platforms like Just Eat, UberEats, Deliveroo, Flipdish, and FoodHub.
As the sale ensues due to other commitments, full training will be provided to the new owners, ensuring a seamless transition. Viewing is essential to appreciate everything this business has to offer.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
