8051NG NOTTINGHAM L/H£170000 RESTAURANT/TAKEAWAY
Advert ref: #2428
Category: Food -> Restaurants
Location: England -> Midlands -> Nottinghamshire -> Nottingham
Category: Food -> Restaurants
Location: England -> Midlands -> Nottinghamshire -> Nottingham
Business for sale
Asking Price:
£170,000
Turnover:
£0
Annual profit:
£0
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have beeninstructed to offer for sale this very
well established and successful
takeaway and restaurant.
Established over 15 years ago by the
vendor, it is now reluctantly offered for
sale due to the vendors other business
commitments, having recently bought
another larger business.
The business occupies a large ground
floor premises divided into 2 separate
sectors, one side being an extremely
well decorated 60 cover restaurant with
the other consisting of a takeaway with
40 seat eating area.
The business is extremely well equipped
with a cooking area and servery within
the takeaway plus an industrial kitchen
to the rear to serve the restaurant and
preparation for the takeaway and has a
range of high quality commercial kitchen
equipment consisting of:
In the main takeaway area:
A tandoor grill
Double fryer
Double kebab machine
4 pot bain marie
Large double pizza oven
2 display chillers and refrigerator
Main kitchen area:
6 ring gas burner
Stainless steel tables
Tandoor
Stainless steel sinks
Hot pot & 3 freezers
Oven
A range of goods are offered including
balti dishes and curries, kebabs, pizza’s,
chicken dishes etc.
STAFF
The business is currently operated by 8
part time members who work further
hours as and when required. The
business can easily be run by a manager.
EXPANSION POTENTIAL
Although a successful business, there is
excellent room for growth and
expansion. Firstly the business does not
currently hold an alcohol licence due to
the owner’s religious beliefs, so there is
excellent potential to increase sales
with an alcohol licence, plus to extend
the range on offer on the menu.
There is also planning permission for a
bar lounge area to the first floor.
TRADING HOURS
Mon – Sat: 5.00pm – 3.00am
Sun: 5.00pm – 2.00am
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
Weekly sales: £6,000
Gross Profit: 70%
Accounts will be made available to
interested parties after a viewing has
taken place.
Please let us know if you require finance
for the purchase of a business.
BUSINESS PREMISES
A large double fronted premise with the
added security of CCTV system and
alarm and consisting of the following:
Ground Floor
Glass frontage with 2 separate
entrances, first entrance leading
into takeway area with ‘L’ shaped
servery, counter plus 40 seater
eating area
Stairs leading to first floor (staff
only)
Disabled access to front doors
Doors leading through into industrial
kitchen with fire exit door into rear
car park
Second entrance to front of
premises leading into main
restaurant area with 60 covers
Bar area to rear
Small storage cupboard
Separate area to rear with x2 w/c’s
(disabled access)
Access door leading to rear car park
First Floor
2 storage areas
2 w/c’s
Planning permission for bar lounge
area to first floor
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 9 years
Review every: 3 years
Rent: £16,000 per
annum
We are advised that the annual business
rates are currently: £3500
Employee details
Fulltime staff:
0
Parttime staff:
8
