Authentic Indian Restaurant in the Heart of Clapham

Clapham, Greater London
REF: R08134

Asking Price:
£95,000
Annual Turnover:
£234,000
Annual Net Profit:
TBC
REF: R08134
Photo of Authentic Indian Restaurant in the Heart of Clapham
Photo of Authentic Indian Restaurant in the Heart of Clapham
Photo of Authentic Indian Restaurant in the Heart of Clapham
Photo of Authentic Indian Restaurant in the Heart of Clapham

Overview

Tenure:
Leasehold
Established:
2013
  • Excellent Reputation
  • Huge growth potential
  • Spacious Premises
  • Equipment Included
  • Locally Sourced Products
  • Strong Supplier Relationships

This is a unique opportunity to acquire an authentic Indian restaurant in the heart of Clapham, which aims to be an extension of an Indian mum’s kitchen, using high-quality ingredients and cooking methods.

The business was originally established in 2013, with the current owners taking over in 2017. Under the present ownership, the business has continued to grow steadily and has gained an excellent reputation and a loyal customer base in the local area.

The restaurant aims to provide their customers with the real taste of Indian home cooking, using only the finest natural ingredients from local suppliers. The delicious and flavoursome menu features a wide selection of different foods, including stews, curries, biryanis, vegetable side dishes, breads, rice, and various starters. They also serve a range of cocktails.

The menu is short, simple, and unique, and has been specially chosen to showcase the heart and soul of the kitchen. As the menu is streamlined, only one chef is required, and they do not need to be highly trained. The friendly, professional team is currently comprised of 2 full-time and 7-part-time members of staff.

The restaurant offers deliveries through several platforms, including Deliveroo, Just Eat, and UberEATS. They have also just started to provide deliveries directly through their own website. They can cover 34 inside with an additional 12 high stools, 16 outside, and have a 5-star hygiene rating.

The restaurant has a fantastic location in the heart of Clapham, with nearby car parking, good transport links, and proximity to other local businesses. Due to this brilliant spot, the restaurant should benefit from high footfall.

The annual rent is £35,000 and the business rates are £5,040 yearly. The current lease is a 15-year agreement, which started in September of 2013.

All equipment will transfer over with the business sale, including the full commercial kitchen, tables, chairs, and much more.

A time-limited handover period can be negotiated with the current owner.

This would be the ideal opportunity for someone who has an interest in the food sector.

There is huge potential for growth, as there is a massive opportunity to expand opening hours, which should attract a great level of trade.

The business has a successful website, an Instagram account with almost 500 followers, and a Facebook page with over 750 likes. These platforms are fantastic windows for the company and are a testament to the company’s brilliant online presence and excellent customer service. Continuing to utilise and optimise these channels could be a great move for the business.

Features

Online Presence

Location

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  • Nearby Car Parking
  • Good Transport Links
  • High Footfall
  • Close to Local Businesses

Property

Annual Rent
£35,000
Annual Rates
£5,040
Lease Term (Years)
15
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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