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Indian Restaurant In Leicestershire For Sale

Leicestershire
Asking Price:
£40,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£100K - £200K
Cash Flow:
£60,000

The owners of this successful restaurant have had a change of circumstances and are willing to sell the business on a buy out basis over a period of time. This is an exceptional and genuine opportunity.

Set in a desirable South Leicestershire village it caters for takeaway customers as well as those seeking a traditional dining experience.

Established for over 25 years the restaurant has always maintained standards that make it a favourite of the locals. The current owners run the restaurant remotely, meaning that a new owner could either work in the restaurant or on it. To suit their style.

The kitchen has recently been upgraded and the downstairs reception refitted to create an excellent reception area and additional tables.

The current owners have owned the business for over 25 years and are simply looking to retire.

Please enquire for more information on this exciting opportunity.

Property information

Property:

Leasehold

Lease Terms:

Flexible, to be agreed.

Leasehold Rent:

£24,000 per annum

Location:

This business is located on a corner opposite a busy pub, with ample parking close by. Based in a large village

Premises Details:

The premises is based over two floors with the main reception and cocktail bar on the ground floor, with the kitchen to the rear and the main restaurant to the first floor.

Business Operation

Expansion Potential:

The owner runs this business remotely and as such has not driven it forward for a few years, a new approach with vigour could re-energise the business and see it grow. Currently the daytime trade is not catered for and this may provide substantial additional income.

Competition / Market:

There are as always various dining options in this village, of which Indian cuisine remains extremely popular.

Reasons for selling:

The current owner is looking to retire.

Trading hours:

7 days, usual evening restaurant hours.

Employees:
6
Years established:
25

Other Information

Support & training:

The current owner will agree a length of time to attend the restaurant and will be available afterwards by phone. The current owner is also the landlord, so will always be available.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owner is willing to accept payments over time rather than a lump sum up front.

Furniture / Fixtures value:
£15,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price

Contact Information

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