South Indian restaurant in Ilford London available for management due to other commitments
Ilford, London
- Status
FOR SALE
- Advert ID
653778
- Leasehold: Price on Application
- Rent: £15,000 (£1,250 per month)
- Turnover: £240,000 (£4,615 per week)
- Profit: On request
Key Features
- Restaurant and takeaway services
- Up-to-date bills and rent
- Value for money dining experience
- Viewing and appointment opportunities
Business Details
South Indian restaurant in Ilford’s east London
We are offering our business for management due to other commitments, and we are open to discussing annual contracts for its operation.
This established South Indian restaurant has developed a loyal customer base over its five years of operation. The restaurant boasts a fully equipped kitchen, featuring commercial-grade appliances that enable the preparation of high-quality dishes. Guests can enjoy a pleasant dining experience in a modern decor setting, creating an inviting atmosphere whether they choose to dine-in or opt for takeaway. Its prime location benefits from high foot traffic and is easily accessible for delivery services, making it an ideal spot for both locals and visitors alike.
Business Highlights
In addition to its well-known restaurant and takeaway services, the business has kept up-to-date with bills and rent, ensuring smooth operations. It provides a value-for-money dining experience that encourages repeat visits.
Conveniently located near various amenities, including shops and public services, the restaurant attracts a steady stream of customers. The competition in this busy town centre is manageable, allowing the restaurant to flourish. Notably, fixtures and fittings are included in the sale price, adding further value.
Over the past year, the business has seen a positive increase in turnover, aided by a small, dedicated team of four employees. It also has an established online presence, which enhances visibility and attracts a wider audience.
Viewing and Opportunities
We invite interested parties for viewing appointments to explore this promising business opportunity further. The restaurant also features well-maintained storage facilities that support efficient service and operations.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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