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CONFIDENTIAL
FOR SALE
656600
For sale is a well-established Indian restaurant located in Chelmsford, Essex. Since its inception in 2019, this restaurant has gained a loyal following and is positioned to thrive in the local dining scene.
The restaurant has seen its turnover increase over the past year, illustrating its growing popularity among patrons. Amazingly, it stands out as the only establishment offering authentic Indian Punjabi cuisine in the region, giving it a distinctive competitive edge that attracts food enthusiasts looking for genuine flavours.
Situated in a vibrant area, the restaurant benefits from a range of nearby amenities, including shops, restaurants, and public services, all of which contribute to a steady stream of customers. The premises also include residential accommodation, providing an added advantage for prospective owners.
All fixtures and fittings are included in the sale price, offering a seamless transition into ownership and ensuring the restaurant is ready for immediate trading. The annual rent is set at £90,000, a reasonable figure given the location and the established clientele.
Market Positioning
This restaurant has become a popular choice among the local demographic, cementing its reputation within the community. With no direct competition offering the same level of authenticity in cuisine, the potential for growth remains significant, making this an appealing opportunity for anyone looking to enter the hospitality industry.
Reason for Sale
The current owner is selling due to health issues, creating a unique chance for someone passionate about Indian cuisine to step in and continue its legacy. With everything in place for a straightforward takeover, this restaurant represents not just an investment, but a thriving culinary venture waiting to be embraced.
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.
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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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