FOR SALE
657696
For Rightbiz, I’d make the title searchable and commercial rather than focusing only on “Chai Patta,” because buyers will be searching for terms like restaurant for sale Coventry, fully fitted restaurant, and Indian restaurant.
Recommended title
Fully Fitted Turnkey Restaurant & Chai Café for Sale – Coventry
Rightbiz description
Exceptional opportunity to acquire a recently fitted, fully equipped restaurant and modern chai café in Coventry.
Chai Patta was created as a modern Indian chai, street-food and casual dining concept. Significant investment has gone into designing, fitting and equipping the premises, creating an attractive turnkey opportunity for an experienced operator, chef, family business or hospitality entrepreneur.
The restaurant has only recently ceased trading due to a change in the owners' personal circumstances and business direction and is now available for a new operator to take forward.
KEY FEATURES
• Fully fitted and ready-to-trade restaurant
• Modern, professionally designed customer area
• Fully equipped commercial kitchen
• Approx. 5-metre commercial extraction canopy
• Rational combi oven
• 6-burner commercial range
• Additional large burner
• Commercial fryers and griddle
• Extensive preparation and kitchen equipment
• Counters, furniture, fixtures and fittings
• Significant rear storage space
• Additional large storage container
• Existing Chai Patta branding and operational assets available
• Developed signature chai recipe
• Existing menu/product development
• Suitable for Indian street food, chai café, brunch, takeaway or alternative food concepts
TRADING POTENTIAL
During approximately the first 8 weeks of operation, the business generated around £26,000 in sales.
This was achieved during the initial launch period, before the business had fully developed its marketing strategy or launched major delivery platforms such as Uber Eats and Just Eat.
There is therefore an opportunity for an experienced, hands-on operator to develop the business further through delivery, marketing, menu optimisation, extended customer acquisition and strong day-to-day management.
PREMISES
Rent: £2,168 per month
The current business benefits from Small Business Rate Relief, subject to the incoming occupier's individual eligibility.
There may also be an opportunity to discuss a rent-free introductory period with the landlord, subject entirely to negotiation and landlord approval.
The premises could continue operating under the Chai Patta concept, subject to the agreed sale package, or potentially be adapted by the purchaser for another restaurant or takeaway concept.
REASON FOR SALE
The business is being offered for sale due to a change in the owners' circumstances and future direction, rather than a desire to continue operating the restaurant personally.
This represents an opportunity for a buyer to acquire a restaurant where much of the expensive and time-consuming work of designing, fitting, equipping and launching a hospitality premises has already been completed.
Serious enquiries are welcome.
Full equipment details, lease information, trading information and viewings can be provided to genuinely interested parties.
Viewing is highly recommended to appreciate the quality and extent of the fit-out and equipment.
One recommendation for Rightbiz: I would not put your projected £10k–£15k weekly turnover in the advert. The verified £26k initial trading figure is much stronger because you can substantiate it. Let buyers make their own projections after seeing the business.
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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