Reputable Indian Restaurant in London

London
REF: 02731

Asking Price:
£30,000
Annual Turnover:
£156,000
Annual Net Profit:
TBC
Recently Sold
REF: 02731
Photo of Reputable Indian Restaurant in London
Photo of Reputable Indian Restaurant in London
Photo of Reputable Indian Restaurant in London
Photo of Reputable Indian Restaurant in London

Overview

Tenure:
Leasehold
Established:
2012
  • Excellent Reputation
  • Very Loyal Customer Base
  • Spacious Premises
  • Huge growth potential

This is a fantastic opportunity to purchase a fully-functioning restaurant and bar which has gained a brilliant reputation for providing authentic Indian food to the local inhabitants since it began trading in 2012.


Having garnered a generous base of customers, this business has experienced year on year growth and has generated a solid annual turnover by maintaining low overheads.

A new owner is presented with a well operated business model and is available to acquire on a leasehold agreement.

Serving a wide range of traditional Indian dishes, this business has cemented a strong reputation amongst the locals for its tasty cuisine and has amassed a large base of regular customers.

The business sits in an immaculate building which boasts a stylish and modern exterior with vibrant signage and a trendy glass front. Internally, the building is comprised of a spacious restaurant area which customers step into directly from the front door. Capable of accommodating 56 diners, the restaurant is complete with high end furnishings, flooring and decor. A back area features an additional 20 seats for customers to dine. A well-equipped kitchen is located behind the restaurant area and is ideal for preparing the restaurants food.

Employing a variety of qualified staff members, the business has continually guaranteed an excellent food and customer service and has attracted regular and repeat patronage.

Intelligent Business Transfer are excited to offer for sale a well-known, first class restaurant, favoured by locals for its excellent menu options and friendly service.

Established four years ago, the business has worked extensively to cement a reputation as an Indian restaurant in the area and has consequently generated a phenomenal annual turnover in excess of £156,000.

A new owner looking to generate higher revenue could implement a number changes to ensure further growth. Increasing business hours would allow the business to cater for more customers on a daily basis and would effectively increase the weekly takings. As well as this, operating a takeaway and delivery service would also attract a wider customer base and would draw in customers from further afield.

The current business has successfully grown without an online presence. Establishing a website and managing social media accounts would present the business with a platform to effectively showcase its menu and could be used as a successful advertising tool. As well as this, it could offer an online booking system, to allow customers to make efficient table bookings.

Furthermore, enlisting the business on food review websites like JustEat and TripAdvisor would attract a larger audience and could potentially establish itself to attract visitors/tourists to the area.

Features

Online Presence

Location

Property

Annual Rent
£10,992
Annual Rates
£660
Lease Term (Years)
16
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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

Refine

Miles
£
£
£
£
Timed popup