FOR SALE
642818
We are pleased to present an exciting opportunity to acquire a vibrant restaurant and coffee bar located in the bustling area of Bearwood, Birmingham (postcode B66 4AB). This well-established business is currently available for sale, with a lease that extends over five years and the option for further extension, making it an ideal investment for potential owners.
The restaurant boasts an inviting décor, complemented by themed lighting and colourful artwork that creates a warm and welcoming atmosphere for diners. With a seating capacity for up to 50 guests, the space is perfectly designed for casual gatherings as well as special occasions, enhancing its appeal to a wide array of customers.
Currently, the restaurant achieves impressive weekly takings of £7,000, with an annual turnover of £364,000. The annual rent is set at £18,000, presenting a sound financial basis for prospective buyers. The asking price for this fantastic opportunity is £85,000, negotiable, and the sale includes all current stock, kitchen fittings, and furniture, allowing for a seamless transition into ownership.
Location and Clientele
Situated in a prime location with significant foot traffic, the restaurant attracts a steady stream of customers. Its established clientele is a testament to the restaurant's reputation for offering authentic Indian cuisine, featuring an extensive and diverse menu that caters to various tastes. Additionally, the restaurant benefits from proximity to various amenities, enhancing its attractiveness to potential diners.
Key Features
The establishment is fully equipped with modern kitchen appliances and ample storage for ingredients and utensils, making it ready for immediate operation. The versatile cooking features support a breakfast and lunch menu, with a fully-equipped bar area that adds an extra dimension to the dining experience. The family-friendly atmosphere is further enhanced by the availability of food delivery options, ensuring the restaurant meets the needs of a broad customer base.
Overall, this restaurant represents a well-regarded and investment-ready opportunity, notable for its vibrant dining atmosphere, well-maintained food storage, and an excellent reputation in the local area. Whether you are looking to expand your portfolio or embark on a new venture, this property is worth considering. For further inquiries, please visit the location at 130-132 Sandon Road, Bearwood, B66 4AB, between 11 am and 9 pm, or reach out for more details.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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