Profitable Indian Restaurant with Bar & Fish and Chips Shop for Sale in Willenhall
Willenhall, West Midlands
- Status
FOR SALE
- Advert ID
627199
- Leasehold: £80,000 (Stock at valuation)
- Rent: £10,500 (£875 per month)
- Turnover: £364,000 (£7,000 per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Small Business
- With Car Park
- Town Centre location
- Close to Local Amenities
- New Lease
Business Details
Indian restaurant bar and fish and chips
This fully operational business, an established Indian restaurant and bar in the town center of Willenhall, West Midlands, is now available for sale. It boasts a premium and authentic fit-out, with all necessary systems, staff, and suppliers in place. The business has been successfully running for 17 years, and this prime opportunity is now on offer due to family commitments.
The restaurant, renowned for its authentic Indian cuisine and fish and chips, is outfitted to high standards, featuring a fully fitted bar and a commercial kitchen. It offers seating for 40 indoor diners, ensuring that it can accommodate a substantial number of guests comfortably.
The potential buyer will have the option to purchase the limited company along with the business. Moreover, all fixtures and fittings are included in the asking price, such as a fish and chips range, a commercial six-hob gas cooker, a tandoor, seating for 50, and a range of essential kitchen equipment including freezers, fridges, kebab machines, and prep tables.
Situated near convenient amenities like Morrison’s, Lidl, and Poundland, the restaurant benefits from a strategic location that attracts foot traffic. Additionally, the area presents minimal competition for Indian cuisine, offering a strong opportunity for continued success.
Financially, the business shows an impressive current turnover of £364,000, with accounts readily available for interested parties. The leasehold is priced at £80,000 with an annual rent of £10,500. The restaurant also has a parking facility, providing added convenience for customers.
There are four employees currently, and training opportunities for new owners are offered to ensure a smooth transition. The restaurant maintains an online presence, aiding in marketing and customer engagement.
This is an excellent opportunity for individuals looking to capitalize on a well-established, profitable business in a bustling town center location. Offers are invited, and a new lease arrangement can be negotiated accordingly.
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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.
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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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