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CONFIDENTIAL
FOR SALE
656410
A fine Indian restaurant located in Chelmsford, Essex, offers a unique opportunity for potential buyers. With a remarkable establishment history spanning seven years, this business is now available for purchase. It has been family-owned since its inception, assuring prospective buyers not only of a profitable venture but also of a legacy built on passion and dedication to authentic Indian gastronomy.
The restaurant boasts an impressive turnover of £550,000 and is priced at £275,000 for the leasehold. The annual rent is £90,000, reflecting the premium location and the potential for continued success. This offer is particularly appealing as it includes all stock, ensuring the new owner can transition into operations without interruption.
Competitive Landscape
One of the standout features of Fine Indian Cuisine is its unique position in the local market. There is currently no direct competition in the area, making this an ideal venture for anyone looking to establish a foothold in the dining scene. With a solid customer base and a reputation for excellence, the restaurant is poised to thrive under new ownership.
Facilities and Features
The restaurant provides dine-in seating, offering a welcoming atmosphere for patrons seeking a delightful dining experience. This well-equipped establishment includes essential fixtures and fittings, which are part of the overall purchase price. Such an advantage makes it easier for the new owner to step in and begin operations immediately.
Reasons for Sale
The current owner, regrettably, is selling the business due to health issues. This presents a sincere opportunity for someone eager to carry on the tradition of high-quality Indian cuisine and exceptional service. The restaurant's strong financial performance and prime location make it a desirable investment for those passionate about the culinary arts.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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