Business Summary:
45 Cover Licensed Indian Restaurant & Takeaway
Ref.AC211
Location London
Asking Price £ 80,000
Spread over 2 trading floors with a studio flat above this is a desirable 45 cover licensed restaurant, that is located in a prime Central London location, with lots of local and passing trade. This restaurant was originally established in 1986 and purchased by the current owners in 2001. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality food, first class service and attention to detail.
Daytime and evening menus cater for the changing needs of customers throughout the day and offer a range of traditional Indian dishes. Everything is prepared using quality, fresh ingredients and can be eaten on the premises or taken away. The restaurant also offers a delivery service within the local area, delivering within a 3 mile radius. The restaurant is fully licensed and offers an extensive wine list.
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| Year
Business was Established: 1986 |
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| Facilities / Terms of Lease:
The business is located in a prominent area in Central London and operates over 2 trading floors with a total of 45 covers. In addition is a studio flat on the third floor. A 25 year lease was put in operation from 2001 at a rental of £25,000, with reviews every 5 years.
The premises are very well appointed and represent the professional qualities and service the company has built its reputation upon. |
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| Potential
Growth/Expansion:
The food market is a constant market, particularly here in London, increasing numbers of people dining out on a more regular basis. The business is well positioned to take maximum advantage of this growth as it occurs.
Key Opportunities: |
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| Competition:
Having been established over 20 years this business does nothing by way of advertising, enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for its unique, high quality service. With a more focused approach to sales and marketing there is little doubt that significant growth could easily be established. |
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| Owner
willing to train:
The owner is happy to provide full business familiarisation and handover for a period of time to be negotiated prior to the sale. |
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| Reason for selling:
The business is for sale as a result of the vendors’ wishes to follow other areas of interest and to go their separate ways. |
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Seller Reference Number: AC211
BusinessMart.com Listing Number: 65413 |
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