FOR SALE
651890
An exciting opportunity has arisen to purchase a well-established Indian restaurant and takeaway business, offering a complete package that is ready for a new owner to assume its operations seamlessly. This business comes fully equipped with all necessary fixtures, fittings, and the existing goodwill built up over the years. It is ideally suited for someone eager to enter the hospitality sector, benefitting from an already loyal customer base.
Due to urgent personal circumstances, the current owner is relocating permanently to another country, creating a timely opportunity for prospective buyers. This restaurant not only represents a lucrative investment but also offers a unique chance to take over an established and successful operation.
Key Features of the Business
The restaurant boasts a long-term lease with an open renewable agreement, providing 14 years remaining. The annual rent is an attractive £16,000, with no business rates, making it an economical choice for any incoming operator. Located in a prime area of southwest London, the venue enjoys high foot traffic, which supports both dine-in and takeaway services.
With comfortable seating arrangements for 36 guests, the restaurant features a modern and spacious interior that creates an inviting atmosphere, enhanced by decorative green walls. Its established reputation is reflected in the loyal customer base and overwhelmingly positive reviews.
Viewings are available by appointment only, allowing prospective buyers to appreciate the unique qualities of the venue first-hand. The fully equipped kitchen is ready for immediate use, ensuring a smooth transition for new ownership.
Comprehensive Business Details
The current owner has operated the business for three years and is including all fixtures and fittings in the sale price, offering an attractive proposition for new owners. The restaurant has successfully maintained an online presence, contributing to its revenue stream. The leasehold price stands at £49,999, with a current turnover of £100,000, making this an appealing investment.
In addition to the facilities, the restaurant features a bar area and ample seating for guests. It has garnered strong customer loyalty and local demand, supported by a solid online ordering presence and delivery agreements. The business is also well-maintained, requiring little additional investment in furnishings and fixtures.
Business Potential and Advantages
This versatile establishment is suitable for family operations and refurbishments. The facilities include toilet amenities, ensuring convenience for diners. By leveraging its strong local reputation and consistent performance in both weekday and weekend trading, this business presents abundant opportunities for growth and expansion.
With an up-to-date handling of bills and rent, and offering a value-for-money dining experience that includes vegetarian and vegan options, this Indian restaurant stands ready for ambitious new owners. A viewing is highly recommended to grasp the full potential of this well-regarded establishment.
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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