Prime Location Indian Restaurant and Takeaway in Leicester Leicestershire for Sale
Leicester, Leicestershire
- Status
FOR SALE
- Advert ID
628591
- Leasehold: £30,000
- Rent: £12,972 (£1,081 per month)
- Turnover: £130,000 (£2,500 per week)
- Profit: £25,000 (20% Profit margin)
Key Features
- Established Business
- Offers Invited
- Prime Location
- Small Business
Business Details
Indian restaurant and takeaway
Located in the heart of Leicester, Leicestershire, this well-established Indian restaurant and takeaway is now available for sale. At a leasehold price of £30,000, this business offers an impressive annual turnover of £130,000, with a profit margin of £25,000. Positioned in a prime location near the town center, the restaurant benefits from significant foot traffic and offers strong growth potential for the right owners.
The business is a perfect opportunity for those looking to take over a successful establishment with contemporary seating featuring stylish red and black chairs. Large front windows provide ample natural light, enhancing the dining experience for customers. Situated just a short distance from various amenities and part of a vibrant community, the venue stands out as a favored dining spot, even amid nearby competition.
Prospective buyers will appreciate the fully fitted facilities, all stock included in the asking price, and a fully functional kitchen and dining area. The business comes endowed with a function room suitable for special occasions and parties and offers free home delivery within a 3-mile radius. The popular Sunday buffet, operating from 5:00 PM to 8:30 PM, further adds to the restaurant's charm.
Originally opened five years ago by an experienced entrepreneur with over 35 years in the restaurant industry, this establishment shows continued growth with increasing turnover each year. The current owner is selling due to the daily commute's inconvenience and offers a smooth transition period, facilitating initial training for new management if desired.
With a small yet committed team of four employees, the restaurant runs efficiently while providing excellent food and service that consistently earns customer loyalty and tips. The business is not just a staple in the community, but its versatile nature offers potential for alternative uses, should new owners choose to blaze a different path, all with the security of essential fixtures and fittings included within the sale.
Owning this business is not just an investment in a property but in a recognized, long-standing name within the community, backed by a supportive online presence. Interested parties are invited to engage with offers, with every indication showing promising returns for those interested in overseeing a popular dining venue in a bustling town center.
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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.
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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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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.'.
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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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