Indian and Pakistani restaurant for sale in Banbury Oxfordshire, named not provided.
Banbury, Oxfordshire
- Status
FOR SALE
- Advert ID
646763
- Leasehold: £40,000
- Rent: £22,000 (£1,833 per month)
- Turnover: £300,000 (£5,769 per week)
- Profit: On request
Key Features
- Equipment included in sale
- Prime location for business
- Licensed Indian restaurant opportunity
- Negotiable selling price
Business Details
DESPERATE SALE. indian, pakistani restaurnat for sale reduce £110K to £60K
Seize the opportunity to acquire a thriving Indian restaurant in Banbury, Oxfordshire. With a modern décor that blends vibrant aesthetics and a welcoming atmosphere, this establishment has become a beloved spot for locals. Its well-equipped kitchen features high-quality cooking appliances and ample storage, ensuring operations run smoothly. The dining space is designed for versatility, comfortably accommodating various group sizes, which adds to its appeal.
The restaurant's prominent outdoor signage enhances visibility and brand recognition, attracting potential customers passing by. Inside, the charming floral ceiling decorations and colourful hanging lights create an enchanting dining experience, setting the stage for memorable meals.
This successful business has been established for two years, and the current owner has maintained it for the same length of time. With good footfall in the area, the restaurant benefits from a robust local market. All fixtures and fittings are included in the sale, alongside existing stock, providing a seamless transition for the new owner. Moreover, there is an efficient online ordering system in place, catering to the growing demand for takeout and delivery.
Key Details
This leasehold opportunity comes at a competitive asking price, which is available upon request. The restaurant enjoys a current turnover of £300,000, with an annual rent of £22,000. It is strategically positioned in a desirable location, making it an attractive prospect for serious buyers.
Features of the Restaurant
The restaurant offers both dine-in and takeaway services, complemented by a premises licence. Security features, including CCTV, add an extra layer of assurance. The interior is spacious and modern, offering a comfortable dining experience, with separate facilities for men and women. The business is being sold due to personal reasons, and inquiries from serious buyers are encouraged.
With strong online ratings and an established customer base, this Indian restaurant in Banbury presents a unique opportunity for anyone looking to enter the hospitality industry or expand their portfolio. Act now to explore this promising venture that combines a successful business model with a culinary passion.
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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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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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