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South Indian restaurant for sale in Caterham Surrey with training included

Caterham, Surrey

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    654622

  • Leasehold: £70,000
  • Rent: £16,000 (£1,333 per month)
  • Turnover: £338,000 (£6,500 per week)
  • Profit: On request

Key Features

  • Ample storage facilities
  • Long-standing operational history
  • Prime location for business
  • Fully licensed premises

Business Details

South Indian restaurant for sale in Caterham Surrey

This successful South Indian restaurant has been serving the community for the past nine years. Fully licensed and accommodating 24 seats, the establishment features a well-equipped kitchen that facilitates efficient operations. Its first floor includes two rooms and storage space, complemented by dedicated parking and WC facilities for added convenience. With a 12-year lease remaining, the foundation for continued growth and success is firmly in place.

Over the years, this restaurant has built a strong reputation, with no direct competition in the vicinity. The prime location opposite a supermarket draws a steady stream of customers, enhancing the business's visibility and accessibility. Furthermore, the restaurant has shown a consistent increase in turnover, indicating a healthy demand for its offerings.

As the owner prepares to retire and focus on personal commitments, the opportunity arises for new owners to step in. The sale includes valuable fixtures and fittings, ensuring that the new proprietors can hit the ground running. Additionally, the current owner is ready to provide training opportunities to ensure a smooth transition and ongoing success.

Key Highlights

Several factors contribute to the appeal of this restaurant:

  • Established operational history of nine years
  • Strategic location that promotes foot traffic and customer engagement
  • Fully licensed premises conducive to a thriving dining experience
  • Minimal competition nearby, allowing for unique market positioning
  • Efficient staffing needs, facilitating easy management
  • On-site living accommodation for the owner or staff
  • Owner's reasons for selling include personal commitments
  • Comprehensive training provided for new owners
  • Proven success with a loyal customer base

With its rich heritage and promising prospects, this South Indian restaurant represents a remarkable opportunity for anyone looking to invest in a thriving culinary venture. The groundwork has been laid for sustained success, making this a compelling choice for future owners.

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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.

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