FOR SALE
657856
This Indian restaurant, located at a bustling four-way junction with traffic lights, is an excellent opportunity for an enterprising individual. It was acquired for £20,000 when it was an empty shop, reflecting the strategic importance of the location. We've invested significantly in the business, hoping that effective management could cultivate its potential. Unfortunately, it hasn't reached its desired success under our stewardship. This area is vibrant, with a large student population, and it urgently needs a venue like Roti Junction. If I had the time to fully commit to this restaurant, I believe it could thrive. However, I currently operate three grocery stores, and this sector is not my primary expertise. We welcome interested viewers, as the restaurant holds considerable promise.
On the premises, there is a spacious kitchen outfitted with all-stainless steel equipment. This includes a Tandoor, which cost over £2,000, along with all necessary accessories for efficient food preparation. The setup is designed to facilitate a smooth workflow, ensuring that quality service can be delivered alongside a diverse menu.
The restaurant has been established since 2026 and has been under my ownership for nine months. Its offerings include breakfast, snacks, curries, and desserts, catering to a wide range of tastes. The business operates from 9 AM to 11 PM, allowing for extended hours that can attract customers throughout the day and into the evening. The modern interior design provides comfortable seating arrangements, contributing to a welcoming atmosphere. Additionally, the restaurant complies with all health standards and holds Halal food certifications.
As for the surroundings, there are no competing establishments in the immediate vicinity, meaning the restaurant could potentially capture a significant market share. All fixtures and fittings are included in the sale price, making it an enticing proposition for those looking to start or expand a food business. The leasehold is available for £35,000, and the current turnover stands at £104,000, with an annual rent of £12,000. Moreover, all stock is included in the price, simplifying the transition for the new owner.
In summary, Roti Junction in Leeds, West Yorkshire, presents a unique opportunity for someone passionate about the restaurant business, particularly in an area ripe for growth and reimagining.
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.
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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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