Indian Restaurant and Takeaway for Sale in Herne Bay Kent
Herne Bay, Kent
- Status
FOR SALE
- Advert ID
655253
- Reference
B09737 / Rightbiz
- Call Agent:
- Leasehold: £99,995
- Turnover: £440,000 (£8,462 per week)
- Profit: £144,000
Business Details
Thriving Indian Restaurant & Takeaway
BusinessPlease quote reference B09737
CoGoGo is delighted to bring to the market a vibrant and modern Indian and Bangladeshi restaurant occupying a prominent position in the popular seaside town of Herne Bay.
The business has built a loyal customer base by combining authentic flavours with contemporary presentation, offering a welcoming dining experience alongside takeaway and delivery services. The premises benefit from a fully licensed bar with seating for 56 guests, with the potential to increase capacity to approximately 70 covers, creating further opportunities for private events and increased revenue. The business also enjoys an established online presence through its own website and active social media channels, helping to drive repeat custom and brand awareness.
This is an ideal acquisition for an experienced operator or ambitious entrepreneur looking to take over a profitable hospitality business with excellent foundations and exciting growth potential.
Viewings to be arranged strictly by appointment only via CoGoGo!
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Location
Occupying a highly visible position in the centre of Herne Bay, the business benefits from strong footfall, nearby independent retailers, restaurants and the popular seafront, attracting both loyal local customers and visiting tourists throughout the year.
Premises
Well-presented leasehold restaurant fitted to a high standard, offering a modern dining environment with customer seating, licensed bar facilities, commercial kitchen, preparation areas and ancillary storage. The alcohol licence currently accommodates 56 covers, with scope to extend to around 70 covers.
Tenure
Leasehold premises.
Hours
The current operating hours are:
Monday to Thursday - 12:00 pm to 2:00 pm & 5:00 pm to 10:00 pm
Friday - 5:00 pm to 11:00 pm
Saturday & Sunday - 12:00 pm to 2:00 pm & 5:00 pm to 11:00 pm
Staff
The business operates with 5 members of staff, providing an excellent platform for a smooth handover.
Financial Profile
We are advised that the business generates an annual turnover of approximately £440,000, with a net profit of £144,000.
Current stock is valued at approximately £25,000, with business rates of around £800 per annum.
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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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