FOR SALE
646969
This Indian restaurant, established in 1989, boasts a strong reputation and a loyal customer base in the heart of Shrewsbury, Shropshire. Renowned for its authentic Indian cuisine, the restaurant has become a beloved fixture in the local community over the years. Recently refurbished, the establishment offers a fresh and modern dining atmosphere while retaining the charm of its long-standing heritage. With very low rent rates, this opportunity represents an excellent prospect for anyone looking to operate a profitable food business with minimal overhead costs. Fully equipped and ready for operation, it is ideal for both family-run businesses and experienced restaurateurs looking to take charge of a successful venture.
Strategically located, the restaurant benefits from high visibility and significant foot traffic, ensuring a steady stream of customers. The elegant interior is adorned with modern decor and comfortable seating, creating an inviting atmosphere for diners. With an established brand and a dedicated customer base, this venture is well-positioned for continued success. The fully equipped kitchen and bar area facilitate smooth operations, while the ample dining capacity allows for private events and catering opportunities, further enhancing potential revenue streams.
Key Features
Some of the noteworthy aspects of this restaurant include its prime location, elegantly styled interior, and the fully equipped facilities ready for immediate use. The establishment not only offers an impressive dining environment but also comes with all necessary stocks included in the sale price.
Details of the Sale
After 36 years of successful operation, the current ownership is seeking to retire, presenting an exciting opportunity for new proprietors to take the helm. The leasehold price for the restaurant is £65,000, with an annual rent of £6,000. This considerate pricing, combined with the restaurant's established presence and growth potential, makes it a lucrative investment for aspiring restaurateurs.
In addition to its core offerings, the restaurant's location in Shrewsbury provides proximity to various amenities, such as shops and other dining establishments, further enhancing its attractiveness to customers. This vibrant setting contributes to the restaurant's ongoing success and scope for future expansion.
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.
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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.
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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