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Indian restaurant bar with beer garden for sale in Spennymoor County Durham

Spennymoor, County Durham
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Highly reputated indian restaurant bar and beer garden for sale Photo 1
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Highly reputated indian restaurant bar and beer garden for saleHighly reputated indian restaurant bar and beer garden for saleHighly reputated indian restaurant bar and beer garden for saleHighly reputated indian restaurant bar and beer garden for saleHighly reputated indian restaurant bar and beer garden for saleHighly reputated indian restaurant bar and beer garden for saleHighly reputated indian restaurant bar and beer garden for sale
  • Status

    FOR SALE

  • Advert ID

    647648

  • Leasehold: Price on Application (Stock at valuation)
  • Turnover: £480,000 (£9,231 per week)
  • Profit: £35,000 (8% Profit margin)

Key Features

  • Excellent hygiene rating
  • Convenient parking facilities
  • Active social media engagement
  • Adaptable cuisine options

Business Details

Highly reputated indian restaurant bar and beer garden for sale

Our restaurant has built a stellar reputation, attracting customers from within an eight-mile radius who order from us daily. With a chic and comfortable dining area, we can accommodate up to 70 guests at a time. Our establishment is proud to have a team of highly skilled chefs with nearly 30 years of experience in Indian cuisine. We also offer ample parking facilities along with a spacious playground and a beer garden, enhancing the overall dining experience.

We have been in operation for a decade and under current ownership for one year. The location is bustling with nearby amenities, including a large council office, fuel stations, and off-licence shops, which contribute to the steady flow of customers. While there are only two competitors in Indian cuisine in the area, our restaurant stands out as the top choice. We have witnessed a positive increase in turnover over the past year, further solidifying our standing in the market.

Recently, due to personal circumstances following the loss of my mother in India, my family and I have decided to relocate back home. Hence, we are offering this established business for sale. Our team consists of seven dedicated employees who contribute to the restaurant's success. We maintain an excellent hygiene rating and have a well-established online presence to attract customers.

Business Highlights

The restaurant comes with various advantageous features that add to its appeal:

  • Convenient parking facilities are available for our customers.
  • Active engagement on social media helps us reach a wider audience.
  • Our menu is adaptable to cater to diverse culinary preferences.
  • Rental costs are affordable, ensuring good profit margins.
  • The premises are air-conditioned, providing comfort for diners.
  • There is potential for alternative uses of the space.
  • The restaurant is equipped with authentic Indian cuisine equipment.
  • There are facilities for private events and plenty of seating for multiple guests.
  • We have a CCTV security system in place, ensuring a safe environment.
  • The business includes goodwill and has achieved award recognition.
  • Our licensed premises allow for alcohol sales, making us suitable for high foot traffic and delivery services.

Overall, this award-winning establishment offers not just a profitable business opportunity, but also the potential to create a lasting impact in the community. If you are looking for a vibrant business in the hospitality sector, this restaurant is the ideal choice.

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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.

Stay Safe

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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