Indian Takeaway for Sale in Dagenham with 30 Years of Reputation
Dagenham, London
- Status
FOR SALE
- Advert ID
639351
- Leasehold: £49,999
- Rent: £20,000 (£1,667 per month)
- Turnover: On request
- Profit: On request
Key Features
- Advantageous business location
- All kitchen fittings included
- Established business with growth potential
- Attractive high street environment
Business Details
Indian Takeway In Dagenham for Sale, 30Yrs Reputation
Asking Price: £45,000 - £49,999. Open to reasonable negotiation.
Fit-Out: Fully Operational Kitchen with Clay Oven, separate storage room with ample space and refrigeration.
Weekly Sales: Available upon enquiry.
Lease: 4 years remaining (renewable) | Rent: £5,000/quarter
Location: Longbridge Road, Dagenham with strong footfall & delivery catchment
Overview:
Bayleaf Indian Takeaway is a reputable, well-established takeaway in a prime location in Dagenham with high visibility and footfall, ideal for continued evening trade and takeaway delivery with easy routes to Romford, Barking, Goodmayes and more. The business has been under the same management for over 30 years, and is only being considered for sale so that the existing leaseholder can retire.
The premise is spacious, well-equipped, and is currently operating purely through over the phone and in-person orders, with scope for increasing margins even further by simply onboarding onto delivery platforms such as UberEats, Deliveroo and JustEat.
** Important information **
For the avoidance of doubt, this opportunity relates to the purchase of the business lease itself, as opposed to the building or physical property.
All fixtures and fittings are included in the sale price, which means an incoming buyer could simply make cosmetic changes if they wanted to make use of the kitchen immediately upon purchase.
Kitchen space can be used for any cuisine, whether continuing with Indian food, or burgers / chinese / any other fast food of which there is very little tangible competition in the area.
Landlord of the property has already been made aware of the intention to sell the lease and has provided their approval to reassign said lease to incoming buyer.
Weekly takings, overheads and anything else can be provided upon enquiry. Ample growth opportunity simply by digitalising the business and using online delivery services, as well as rebranding / expanding of the menu.
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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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