Contemporary Indian Restaurant in Redditch

Redditch, Worcestershire
REF: R06337

Asking Price:
£55,000
Annual Turnover:
£144,000
Annual Net Profit:
£73,000
REF: R06337

Overview

Tenure:
Leasehold
Established:
2006
  • Range of authentic dishes
  • Takeaway available
  • Excellent TripAdvisor reviews
  • Fully-fitted premises
  • High footfall location

This is an excellent opportunity to take on a popular and contemporary Indian restaurant situated in Redditch.

Trading since 2006, the business is known in the area for its delicious, authentic Indian dishes at very reasonable prices. Through its offering, it has not only gained a widely-held reputation for excellence locally, but also a plethora of glowing online reviews.

Serving an array of authentic Indian dishes to suit a variety of tastes, the restaurant delivers excellent customer service. Alongside its loyal customer base, it has gained impressive financial figures over the years. Customers can either choose to dine in or place an order for delivery or collection.

Presented with a fully-fitted premises in a central location, a new owner could easily continue to run operations effectively and drive the business forward to future success.

Positioned above a chain betting shop, the restaurant has ample space to accommodate 60 diners and necessary cooking facilities. The dining area itself is well-presented and has ample table and chair seating for diners as well as toilet facilities. An adjoining kitchen includes all essential equipment.

The business also operates a user-friendly website which lists its extensive menu and allows customers to book a table or place an order and pay securely online. Numerous reviews on this platform as well as on TripAdvisor speak highly of the restaurant’s high quality food and service.

As the current owner would be willing to stay on for a transitional period, the new owner would be given a complete handover.

The chance to take on this lucrative, easily-manageable Indian restaurant with a solid customer base and unrivalled reputation would appeal to a current restaurant owner looking to expand their portfolio, or an individual with a background in the restaurant industry, particularly with Indian cuisine.

A new owner could grow this restaurant further by implementing a few changes. Developing its presence online through social media profiles would help to provide the restaurant with further exposure and grow its customer base. Utilising third party food couriers such as Just Eat and Deliveroo would be beneficial in increasing the number of orders.

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  • Main road location
  • High footfall
  • Other businesses nearby
  • Car parking nearby
  • Minimal local competition
Rent
£12,000
Rates
£6,000
Lease Term
10
Lease Expiry
5 YEARS REMAINING
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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