Nepalese and Indian restaurant for sale in Exeter St Thomas, Devon
Exeter, DevonEst. 5 years
- Status
FOR SALE
- Advert ID
656640
- Leasehold: £70,000 (Stock at valuation)
- Rent: £24,000 (£2,000 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: On request
Key Features
- Long operating hours seven days
- Low direct competition
- Male and female restrooms
- Marketing and promotional opportunities
Business Details
Nepalese and Indian restaurant for sale in Exeter st thomas
Seize the opportunity to acquire a thriving Nepalese and Indian restaurant located in Exeter’s St Thomas area. This well-established venue has been successfully operated by the current owner for five years and is now offered for sale, complete with a strong financial track record.
Got 2 work permit licenses available to put to two staff straight way all licensed includes
The leasehold is priced at £80,000, with an impressive turnover of £312,000 and an annual rent of £24,000. The business benefits from extended operating hours, open seven days a week, and strategically enjoys low direct competition in the area.
The restaurant features male and female restrooms, a modern and clean kitchen, and ample natural light streaming through its windows. Self-contained accommodation is an added advantage for potential buyers looking to live close to their new venture. The premises are classified as commercial and have an existing premises licence in place, facilitating a smooth transition for new ownership.
Located in a prime position on a main road within a residential area, the restaurant also offers convenient public parking availability for customers, enhancing accessibility and foot traffic. The business enjoys a strong online presence with various ordering platforms and delivery services, providing significant marketing and promotional opportunities for growth.
Key Features
This restaurant is perfectly set up for future success. Highlights include:
- A diverse and popular menu that caters to a wide range of tastes
- The potential to extend operational hours for all-day service and evening trade
- Flexibility for different business usage, making it adaptable to changing markets
- Possibilities for part-time staff employment, creating a scalable workforce
- Motivated seller relocating due to personal commitments, inviting offers from interested buyers
This is a fantastic chance for anyone looking to enter the vibrant food and beverage industry in a desirable location. Don't miss out on the potential that this restaurant holds for both current profitability and future growth. Contact us for further details and to arrange a viewing.
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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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