Halal Indian Restaurant in South Yorkshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SOUTH YORKSHIRE

Turnover £ 10,500
Price £125,000

Features

Halal Indian Restaurant & Takeaway with Tremendous Potential

5 STAR HYGIENE RATING
Tables and chairs providing seating for 12 People

DOUBLE FRONTED CATERING PREMISES in the region of 465 ft² WITH ELECTRIC SHUTTERS, Concrete floor, suspended ceiling with spot lights, cool display counter with refrigerated storage section, EPOS till, drinks display fridge (glass fronted upright), 4 LED Menu Boards, CCTV system (8 cameras).

Kitchen with stainless steel extractor unit, Tandoori oven, Cooker (Gas 2-burner), Cooker (Gas 4-burner), Stockwood Burn, Dove neading machine, juicers, grinder, 2 toasters, double door freezer, double door fridge, fridge (new), preparation fridge with draws.

Basement, used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,500 p.w. with a Gross profit of 65% approx. (£5,500 via online portals)

The vendor feels with active marketing (leaflets and social media) and the development of outside catering and tiffin services sales will increase by 30-40%

Staff

The business is at present operated by the vendor's wife with 4 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 11am - 2am

Outside

Rear yard, out side toilet and storage container, double door freezer & Fridge

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 6 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £9,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote