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Indian and Chinese restaurant for sale in Sutton London with 13 years lease available

Sutton, London
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Indian and Chinese cuisine restaurant for sale in Sutton Croydon Photo 1
Indian and Chinese cuisine restaurant for sale in Sutton Croydon Photo 2
Indian and Chinese cuisine restaurant for sale in Sutton Croydon Photo 3
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Indian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton CroydonIndian and Chinese cuisine restaurant for sale in Sutton Croydon
  • Status

    FOR SALE

  • Advert ID

    642826

  • Leasehold: £110,000
  • Rent: £22,600 (£1,883 per month)
  • Turnover: £420,000 (£8,077 per week)
  • Profit: On request

Key Features

  • Seven days a week operation
  • Turnover details available
  • Versatile space utilisation
  • Walk-in operational condition

Business Details

Indian and Chinese cuisine restaurant for sale in Sutton Croydon

An exceptional opportunity to lease a well-established South Indian restaurant, boasting a remaining leasehold of 13 years. This prominent establishment is ideally situated near a bustling park and shopping centre, attracting a steady flow of residents, families, and commuters who are keen customers. The prime location on Sutton's high street further enhances visibility and foot traffic, ensuring ongoing patronage.

The restaurant enjoys a robust monthly turnover of approximately £35,000, with variations expected with seasonal shifts. Fully operational and supported by a dedicated team of six trained staff members, this establishment facilitates a smooth transition for new ownership, enabling a seamless continuation of service.

Financial Overview

Monthly rent is set at £5,650, payable quarterly. The current owner is retiring and relocating to their home country, presenting this unique opportunity to step into a thriving business with a loyal customer base.

The restaurant is renowned for its authentic South Indian cuisine, which has earned it a strong local following. Trading remains consistently vibrant throughout the week, catering to both dine-in and takeaway customers.

While the establishment does not currently sell alcohol due to the owner's personal preference, there is a significant demand from customers for such offerings. Securing an alcohol licence presents a straightforward and lucrative opportunity for increasing average spend and enhancing overall turnover.

Key Features

This restaurant stands out in comparison to other Indian eateries in the Sutton and Croydon area. With a proven track record of success, it offers a reliable turnover rather than the uncertainty of newly established or underperforming units. The potential for growing the business by introducing alcohol sales is clear, along with opportunities to extend opening hours, amplify delivery services, or enhance local marketing efforts.

In addition to its impressive financials, the restaurant features a well-designed interior, complete with vibrant seating and appealing decor. Recognised as "Dosa Bhavan" in the local Indian cuisine market, it boasts a fully equipped kitchen fitted with commercial-grade appliances and ample cooking stations. The spacious layout provides a comfortable environment for both dining in and takeaway services, making it a versatile venue for various customer needs.

Furthermore, the establishment's strategic location ensures high visibility and easy accessibility, contributing to its attractiveness as a choice dining destination for local patrons. With a diverse and tailored menu, complemented by a mix of Indian and Chinese options, this restaurant offers a unique position in the marketplace.

With a consistent upward trajectory in turnover over the past year and a defined customer base, this restaurant represents a promising investment. The owner is committed to ensuring a smooth transition despite not offering additional training to new owners.

The opportunity to acquire this restaurant comes with all stock included in the asking price. For further financial details and insights into the robust operation of this premise, interested parties are encouraged to get in touch.

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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.

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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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