Licensed indian restaurant
Business for sale
Asking Price:
£79,500
Turnover:
£182,000
Annual profit:
£85,176
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business is located in derbyshire.Turnover - we are informed the turnover averages £3,500 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
Price to include the secure lease, goodwill, fixtures & fittings £79,500 plus stock at valuation
substantial loan to an approved applicant
Features spacious single fronted restaurant, fully carpeted, ceiling lighting including 2 chandeliers plus wall lighting. Tables and chairs providing seating for 50 persons. Bar with hand pump, sink.
Level kitchen with non-slip floor. The equipment includes tandoori oven, 6-burner gas cooker, microwave oven, stainless steel tables, 1 double sink and drainer plus 1 single sink and drainer etc.
Large stockroom comprising 2 rooms with 3 chest deep freezes
Fully tiled ladies' cloakroom with 2 w.c's, wash hand basin
fully tiled gentlemen's cloakroom with urinal, w.c. And wash hand basin
Staff the restaurant is at present operated by the vendor with the assistance of 3 full time staff plus 4 additional staff at weekends.
Opening hours evenings only - 6 p.m. - 12 Midnight seven days per week
Outside small yard at rear
Tenure we understand the premises aer held on a secure renewable lease, the present lease expiring in 2014 at a rental of £18,000 p.a. Inclusive of vat, exclusive of rates, with rent revisions.
Uniform business rates: £2,000 p.a. Approx.
Recommended for early inspection
reference : r8760
Employee details
Fulltime staff:
3
Parttime staff:
4
