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Asian-themed restaurant and takeaway for sale in Exeter Devon with potential for rebranding

Exeter, Devon
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Alfresco Resturant/Takeaway in a very friendly Hub of Outlets Photo 1
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  • Status

    FOR SALE

  • Advert ID

    641238

  • Leasehold: £15,000
  • or
  • Freehold: £70,000
  • Rent: £21,600 (£1,800 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Access to social media accounts
  • Parking facilities available
  • Well-maintained premises and fixtures
  • Accessible restrooms for all

Business Details

Alfresco Resturant Takeaway in a very friendly Hub of Outlets

We are excited to present a unique opportunity to acquire a charming alfresco Restaurant and takeaway business nestled within a vibrant hub of complementary outlets. This is an ideal setting for anyone keen on entering the food industry, offering not only a prime location but also a welcoming environment that attracts a diverse customer base.situated on a private owned estate surrounded by thousands of new residential dwellings being erected aswell as approved plans for another 250 houses directly behind the restaurant where a themed pond will be overlooked by diners 

Currently themed around Asian cuisine, the business holds immense potential for rebranding to suit varied culinary styles, influenced by customer preferences. The sale includes all fixtures and fittings, the kitchen is an L shaped design of 260 square Feet with an outdoor area for washing, allowing the new owner to step in and start trading immediately without any additional investment needed.aswell as 1 months rent free to help establish the new theme. 

Situated on the outskirts of Exeter, this establishment boasts a strategic location with little to no competition nearby. Customer parking is readily available, ensuring accessibility for patrons. The business also enjoys close proximity to public transport links and has an alcohol license, which enhances its appeal. With customer toilets on-site and a sizeable seating capacity—24 indoors and 28 outdoors (16 under cover and 12 beneath parasols)—the venue is well-equipped to accommodate a regular flow of customers.

Will continue to advertise on current platforms until such time as they expire. 

This buisness has many local events being advertised including football and rugby venues as well as strategically advertising around Exeter and surrounding areas. 

Another noteworthy feature is the excellent 5-star hygiene rating, coupled with glowing customer reviews. The current set-up includes CCTV for added security, and there is also the potential to convert half the existing stock room into staff quarters which already benefits from water and electric. The business presents an exceptional opportunity for growth; by expanding operating days and offering delivery services, as well as catering for nearby industrial estate events, turnover could increase by an estimated 40%.

In terms of operational costs, the ground rental fee is highly competitive, with private electric and water supply, along with LPG gas. Remarkably, the business enjoys the advantage of not having any business rates.

The buisness has also been designed to be fully movable. 

The seller has a genuine reason for sale, seeking retirement in sunnier climates after successfully running the business for the past 2.5 years.

Key Features of the Business

This business benefits from a variety of advantageous features, making it a lucrative investment. These include:

  • Convenient access to transport links and parking facilities.
  • Established social media presence, enhancing marketing opportunities.
  • Accessible and well-maintained restroom facilities for customers.
  • Ample storage and refrigeration options available.
  • A loyal and affluent residential customer base.
  • A strong reputation within the local community and an excellent food hygiene rating.

The asking price for this opportunity is inclusive of all stocks. Please note that this price is for the buildings, equipment, stock & well established restaurant amongst the community. There is a very competitive ground rent to pay each month. 

Whether you are an experienced restaurateur or new to the industry, this business offers a remarkable platform for growth and success within an affluent trading area. Don’t miss out on this chance to own a well-rated, established takeaway service in a thriving community.

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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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