Modern Indian takeaway for sale in Coventry West Midlands with multiple income streams and growth potential
Coventry, West Midlands
- Status
FOR SALE
- Advert ID
653926
- Reference
B09690 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: £210,000 (£4,038 per week)
- Profit: £45,000 (22% Profit margin)
Business Details
Flavours That Keep Customers Coming Back – Modern Indian Takeaway
BusinessPlease quote reference B09690
CoGoGo is delighted to bring to the market an exciting opportunity to acquire a vibrant Indian takeaway in one of Coventry's busiest retail destinations. Blending authentic North and South Indian cuisine with a modern experience, the business has quickly built an outstanding reputation for fresh, home-style food, friendly service and excellent customer reviews.
Operating from a prominent position outside Tesco within Cannon Park Shopping Centre, the business benefits from exceptional footfall and attracts shoppers, local residents and students from the nearby University of Warwick. Multiple income streams include dine-in, takeaway, online ordering, delivery platforms and a growing tiffin meal service, providing excellent potential for continued growth.
The current owners are selling as they move on to another venture. The business is also eligible to apply for a sponsor licence, adding further appeal for prospective buyers.
Viewings to be arranged strictly by appointment only via CoGoGo.
Location
Occupying a highly visible position within Cannon Park Shopping Centre, directly outside Tesco, the business enjoys consistent passing trade in a thriving retail environment with excellent transport links, free customer parking and a strong mix of shoppers, students and residents.
Premises
Well-presented, fitted to a high standard, offering an inviting customer seating area alongside a fully equipped commercial kitchen and food preparation space. The property is ideally suited for dine-in, takeaway and collection services.
Tenure
Leasehold opportunity with approximately 5 years remaining on the current lease.
Hours
Owner-set trading hours, currently operating throughout the week with scope for extended opening times if desired.
Staff
Operated by the owners with additional support as required.
Financial Profile
We are advised that the business generates an annual turnover of approximately £210,000, with a net profit of approximately £45,000.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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