Fine Dining Indian Vegetarian Restaurant and Bar for Sale in Oxfordshire
Undisclosed, Oxfordshire
- Status
FOR SALE
- Advert ID
652862
- Reference
SHIVON51 / Rightbiz
- Call Agent:
- Leasehold: £200,000
- Rent: £50,000 (£4,167 per month)
- Turnover: £520,000 (£10,000 per week)
- Profit: Not Applicable
Business Details
Premium Fine Dining Indian Vegetarian Restaurant & Bar For Sale In Oxfordshire
An exceptional opportunity to acquire a well-established indian vegetarian restaurant and bar located within a thriving town centre leisure and retail destination in Oxfordshire.
The business occupies a prominent position amongst national retailers, restaurants, cafés and entertainment venues, benefiting from strong footfall throughout the week and an excellent local customer catchment. The premises have been fitted to a high standard, offering a stylish dining environment, fully fitted commercial kitchen and bar facilities, making it an ideal turnkey opportunity for an experienced operator or investor.
Business Highlights
Average Weekly Sales: Approx. £10,000
Annual Turnover: Approx. £520,000
Walk-in to Deliveries Ratio : 90 : 10
Seating Capacity: Approx. 100 Covers Indoor & 120 including Outdoor
Lease Details
Approximately 14 Years Remaining (Renewable)
Current Rent: £50,000 VAT Per Annum
Licensed Activities
Films & Recorded Music (Indoors)
- Monday to Saturday: 10:00 AM – 12:00 Midnight
- Sunday: 12:00 PM – 11:30 PM
Late Night Refreshment (Indoors)
- Monday to Saturday: 11:00 PM – 12:00 Midnight
- Sunday: 11:00 PM – 11:30 PM
Sale of Alcohol
- Monday to Sunday: 10:00 AM – 12:00 Midnight
Permitted Opening Hours
- Monday to Saturday: 10:00 AM – 12:30 AM
- Sunday: 10:00 AM – 12:00 Midnight
Operating Costs
Food Cost: Approx. 25 % Of Sales
Utilities (Gas & Electricity): Approx. £2,385 Per Month
Business Rates: Approx. £1,803 Per Month
Service Charge & Insurance: Approx. £96.98 VAT Per Month
Staff : Currently approx. £10,000 Per Month
Staffing
The business currently operates with a team of seven staff comprising:
1 Manager
1 Head Chef
1 Assistant Chef
2 Kitchen Assistants / Porters
2 Waiters
All staff are willing to remain, subject to buyer requirements.
Growth Opportunities
Introduce Non-Vegetarian Menu Options To Increase Sales
Improve Gross Margins Through Alternative Supply Chains
Expand Online Ordering & Delivery Operations
Develop Corporate Catering & Event Business
Increase Marketing & Social Media Presence
Extend Trading Opportunities Through Private Functions & Events
Suitable For
Experienced Restaurant Operators
Hospitality Groups Looking To Expand
Bar & Restaurant Operators
Owner-Operators Looking For A Premium Dining Opportunity
Important Information
Supporting Financial Information Available To Genuine Purchasers once an offer is accepted and Holding Deposit paid.
Non- Disclosure Agreement (NDA) & Proof of Funds is mandatory and is required Prior To Release Of Further Information
Viewings Strictly By Appointment Only
Buyers Must Carry Out Their Own Independent Due Diligence
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
