CONFIDENTIAL
FOR SALE
649245
Located by the picturesque seafront, this charming Indian restaurant is housed in one of the oldest buildings associated with the Bank of England, featuring high ceilings that add a sense of grandeur to the dining experience. With a seating capacity of 56, the establishment can be expanded to accommodate up to 70 guests, making it an ideal venue for both casual meals and larger gatherings. Renowned for offering the best Indian cuisine and takeaways in town, it enjoys a solid reputation that has attracted a loyal clientele. During the summer months, the influx of walking customers further enhances its appeal, and the premises also boast the advantage of outdoor seating.
This property includes five well-appointed bedrooms, adding to its value and potential for new owners. Its proximity to the main market and local shops, along with its scenic location by the sea, makes it an attractive spot for both locals and tourists alike. The unique ambiance and outstanding food contribute to a delightful dining experience that draws patrons in regularly.
In terms of competition, this restaurant is noted as the largest Indian eatery in Herne Bay, which helps establish its market presence. The business has shown a positive trend in turnover over the past year, indicating robust financial health. Currently, the leasehold is available for £79,000, with an impressive annual turnover of £416,000 and a healthy profit margin of £144,000, making it a lucrative investment. The annual rent is set at £24,000, and all stock is included in the sale price.
Key Features and Benefits
Notable features of the restaurant include excellent customer service and a well-established client base that ensures consistent foot traffic. The premises offer a full-service dining experience, ideal for events and gatherings. There is considerable growth potential for new owners, particularly in the realms of healthy dining and marketing opportunities, reflecting high consumer demand. The charming historical setting enhances the overall experience, while large windows provide ample natural light, creating a warm and inviting atmosphere.
Operational Highlights
With long operating hours seven days a week and male and female restrooms available, the restaurant is well-equipped to handle high weekly trade potential and high summer footfall. The immediate availability for transfer and business handover allows for a swift transition for new owners, who will benefit from a long-standing community reputation and low competition in the area. This is an opportunity not to be missed for anyone looking to enter the thriving world of Indian cuisine in a prime location.
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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