Indian Restaurant for Sale in Hamilton South Lanarkshire
Hamilton, South Lanarkshire
- Status
FOR SALE
- Advert ID
657052
- Leasehold: £75,000 (Stock at valuation)
- Rent: £21,600 (£1,800 per month)
- Turnover: On request
- Profit: On request
Key Features
- Air conditioning installed
- Alcohol licence included
- Alcohol sales permitted
- Included fixtures and fittings
Business Details
Indian Restaurant for Sale in hamilton
Fully Refurbished Nepalese & Indian Restaurant – Hamilton – Turnkey Opportunity
Price: £75000
A fantastic opportunity to acquire a fully refurbished, fully fitted Nepalese & Indian restaurant in Hamilton, ready for a new owner to take over and trade immediately.
The restaurant offers approximately 60–65 covers and has been extensively refurbished to a high standard, with over £100,000 invested in the premises, fixtures, fittings and equipment. Evidence of investment can be provided to serious prospective buyers.
KEY FEATURES
- 60–65 covers
- Fully refurbished restaurant
- Fully fitted commercial kitchen
- Brand-new bar
- Over £100,000 invested
- Plenty of storage space
- Turnkey operation – take the keys and trade immediately
- Established customer base and strong local reputation
- Excellent customer reviews
- Large number of regular customers
- Established online presence
- Current weekly sales of approximately £7,300
- Currently operating primarily as an evening restaurant
- Delivery/takeaway currently operated on a limited basis
There is significant scope for an experienced operator to increase turnover further by expanding the existing operation.
The restaurant currently trades mainly during the evening, with limited delivery/takeaway. Introducing regular lunch service and fully developing the takeaway/delivery side could provide substantial additional revenue potential.
Based on the current level of trading, we believe an experienced owner with the right kitchen and operational expertise could potentially build the business towards £10,000 weekly turnover, although this would depend on the new owner's operation, staffing, opening hours and marketing.
REASON FOR SALE
The restaurant has been established with considerable investment and has built a very good local reputation, excellent customer feedback and a strong base of returning customers.
The reason for sale is simply that the current owners are not chefs and do not have a professional kitchen background. Since opening, managing the kitchen operation and maintaining reliable kitchen staffing has proved challenging.
This presents an excellent opportunity for an experienced chef, hospitality operator or hands-on owner who can take advantage of the existing setup and customer base.
Rather than starting from scratch, the new owner can take over an already established, fully equipped and refurbished restaurant and concentrate on trading and growing the business.
IDEAL FOR
✔ Experienced chef looking to own their own restaurant
✔ Existing restaurant operator looking for a second location
✔ Nepalese/Indian chef or hospitality professional
✔ Entrepreneur looking for a ready-to-trade restaurant
✔ Operator wanting to expand lunch, takeaway and delivery
Serious enquiries only.
Viewing is highly recommended to appreciate the quality of the refurbishment, kitchen, bar, storage and overall setup.
Please contact us to arrange a viewing or for further information.
Proof of investment, trading information and further details can be provided to serious prospective buyers.
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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.
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.
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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.
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