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Acquire an established Indian restaurant located in Wellingborough, Northamptonshire. This thriving business has been successfully operating for five years, with the current owner also at the helm during this time. With a solid foundation, the restaurant has garnered a loyal clientele, making it an enticing prospect for any aspiring restaurateur.
The competitive landscape in the area is notably favourable, with no significant direct competition. This unique advantage allows the restaurant to flourish without the pressure of rival establishments. The asking price for this leasehold opportunity is available upon request, and the business currently enjoys a turnover of £180,000, reflecting its robust performance.
Included in the purchase are all essential fixtures and fittings, ensuring that the new owner can seamlessly take over operations. Over the past year, the restaurant has seen a positive increase in turnover, signalling ongoing growth potential. This upward trend highlights the restaurant's market viability and the opportunities that lie ahead.
Reasons for Selling
The owner has chosen to sell the business in order to pursue another venture and relocate from the area. This transition presents an excellent chance for a new owner to step in and continue its success without significant interruption.
Support for New Owners
The restaurant currently boasts an effective online presence, which serves as a valuable asset for attracting customers and enhancing its visibility. Additionally, the current owner is willing to provide training and support to ensure a smooth transition for the new proprietors, should they require it. This commitment to a successful handover illustrates the dedication to maintaining the restaurant's esteemed reputation.
With an annual rent of £15,000, this opportunity is appealing not only for its financial viability but also for its established customer base and lack of local competition. If you are seeking a lucrative investment in the hospitality sector, this Indian restaurant in Wellingborough could be the perfect fit.
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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