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Freehold Indian restaurant for sale in Kent with a strong reputation and growth potential

Undisclosed, Kent
Established Freehold Indian Restaurant, Kent Photo 1
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Established Freehold Indian Restaurant, Kent
  • Freehold: £725,000
  • Turnover: £515,000 (£9,904 per week)
  • Profit: Not Applicable

Business Details

Established Freehold Indian Restaurant, Kent

Overview

An established fine dining Indian restaurant is offered for sale in Kent, together with its freehold period property, presenting a rare opportunity to acquire both a going concern and a substantial characterful building in a single transaction. The business has traded continuously since reopening under the current owners in 2017, operating from a striking converted barn that provides approximately 64 covers across two floors, supported by a full commercial kitchen and a settled team of around ten staff.

The current owners are entirely hands-off, with day to day operations managed by an experienced site manager who oversees the full running of the restaurant. The business is held within a limited company structure, and the sale offers flexibility in how the transaction is structured, suiting an owner operator, an investor seeking a managed income-producing asset, or a buyer with an interest in acquiring a substantial freehold period property with an established commercial use.

Business Highlights

- Established fine dining Indian restaurant trading since 2017 with a settled local reputation
- Headline turnover of approximately £515,000 in the most recent reported period
- Approximately 64 covers across two floors of a distinctive converted barn with exposed beams and a characterful upper dining area
- Full commercial kitchen equipped for Indian cuisine, including a tandoor oven and substantial range hob
- Entirely hands-off ownership model with an experienced site manager in place and outsourced bookkeeping and payroll functions
- Freehold property included in the sale, comprising the restaurant building and a rear cottage currently used for staff accommodation, with potential to convert to self-contained residential use
- Scope for a more active operator to grow profitability and restore turnover through hands-on management and review of operational costs

Location

This business is located in Kent and benefits from a well-regarded local setting within a conservation area, with pleasant views towards a nearby river adding to the character and appeal of the surroundings. The area enjoys good local footfall and the restaurant has built a strong reputation within the community over a number of years. In keeping with our confidentiality obligations, the precise location is disclosed on receipt of a signed NDA.

Premises & Tenure

The restaurant occupies a converted barn of considerable character, featuring exposed beams throughout and a first floor upper dining area of approximately 24 to 26 covers created during the current owners' refurbishment. To the rear of the main building sits a cottage currently used for staff accommodation, which is estimated to require approximately £20,000 of works to return it to self-contained residential use. The freehold of the entire property is offered as part of the sale, with flexibility available over how the transaction is ultimately structured between the property and the trading business.

Next Steps

Goodwins Business Brokers are acting exclusively on behalf of the vendors and invite serious enquiries from qualified buyers. To maintain confidentiality throughout the process, the Information Memorandum is released on completion of a short NDA. Full details are available in the Information Memorandum.
  • Freehold Available
  • Growth Potential
  • Loyal Customer Base
  • Management in Place
  • Scope to Expand
  • Staff In Place
  • Well Established
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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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