Immaculate Indian Restaurant in Warwickshire For Sale

Business located, excellent main road trading position, residential and commercial area, Warwickshire.

Turnover £ 5,750
Price £77,500

Features

Immaculate Licensed Indian Restaurant

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES - Tiled and Laminate flooring, suspended ceiling with character pendants and spot lights.

Tables and chairs seating 50 people.

Bar - electric cash register, under counter fridges, ice machine, wash hand basin, mirror backed shelving for spirits.

Ladies and geltlemans cloakrooms with toilets and wash hand basins.

Kitchen - Tiled floor, with led lighting.

Stainless steel extractor, 12 burner cooker, oven, tandoori oven, deep fat fryer, 2 microwaves, doublke door hot cabinet, plate warmer, double door fridge, stainless steel fridge, 2 further fridges, 2 chest freezers, double sink and drainer, stainless steel preparation tables.

Store room.

Staff room.

Boiler room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,750 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the vendor with the assistance of 4 full time and 2 part time staff emplyed. 2 delivery drivers.

We are informed the wage bill averages £1,600 p.w. approx.

Trading Hours

6 Day week
MONDAY, WEDNESDAY, THURSDAY 5 pm - 10.30 pm
FRIDAY, SATURDAY 5 pm - 11.30 pm
SUNDAY 5 pm - 10.30 pm
CLOSED TUESDAY

Outside

Shared parking to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £15,600 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £77,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 38,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote