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Leicestershire Indian Restaurant & Wine Bar - Established 5 Years, Leasehold for Sale

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Leicestershire Est. Indian Restaurant & Wine Bar for sale Photo 1
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Leicestershire Est. Indian Restaurant & Wine Bar for sale
  • Status

    FOR SALE

  • Date Submitted:

    28/09/22

  • Advert ID

    500993

  • Reference

    22AB299 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £250,000 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Town Centre location
  • Fully Fitted
  • Established Business
  • Offers Invited
  • Central Position in Affluent Village
  • Accounts Available
  • Prime Location
  • Close to Local Amenities

Business Details

Leicestershire Est. Indian Restaurant & Wine Bar for sale

RB Gates Nationwide are pleased to present to the market this Leicestershire Leasehold Indian Restaurant business for sale. The Company has been changed during the period of trading however the existing company was incorporated in December 2016 giving a strong 5 years of establishment and popularity. The Vendor has informed that the business has been trading for 8 years.

This business has come from strength to strength and the Vendor has informed that regular customers have increased gradually year upon year. The current Lease in place was renewed in the current Company’s name in March 2017 for a Lease term of 20 years. The restaurant proudly stands at 5 out of 5 stars on trip advisor with 240 reviews with 244 reviews as Excellent 5*.

The Company is efficiently running their business on FAVOURITE TABLE software who self-proclaim as ‘The best value full-function restaurant booking system on the market’. The software works on any web browser so there is no software that needs to be installed.

Growth Opportunities

The following ADDITIONAL SERVICES can be offered by the new business owner to increase revenue SIGNIFICANTLY. This would easily be achievable considering the pre-existing and regular client base.

1. Outside Events Catering – Weddings / Birthdays / Anniversaries / Networking Events etc

2. In House Events Catering – Weddings / Birthdays / Christmas Parties / Networking Events etc

3. Mobile App – create regular custom through a points scheme

4. Loyalty Cards / loyalty Scheme for returning customers

Handover Process: Vendor is open to providing a hand over period of 4-8 weeks (Paid) [longer if required] subject to offer and business sale agreement. The Vendor has confirmed that the all chefs and waiters can be transferred subject to further negotiations, discussions and expectations.

Business Sales Disclaimer – Terms & Conditions Apply

Confidential Business Sale: This business/property is a confidential sale and we require you to review and complete a Non-Disclosure Agreement prior to disclosing confidential information to you. All information received, oral or in writing or both, relating to the vendor or business, from RB Gates Ltd is be treated in the strictest confidence, not visit or contact the Vendors, their staff, customers, suppliers, franchisors, bankers or any other connection without our knowledge and authority.

Viewing BY APPOINTMENT ONLY with the Agents RB Gates Ltd T/A RB Gates, Nationwide. Viewing is highly recommended as businesses such as these rarely stay on the market for long. [NO TIME WASTERS PLEASE]

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Buyer’s Premium: Please note that a buyer’s premium of £2000.00 will apply when purchasing this property.
4. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
5. Services: Please note we have not tested the services or any of the equipment or appliances in this property and so accordingly we strongly advise prospective buyers to commission their own survey or service reports before then finalising their offer to purchase.
6. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither RB Gates Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
7. Confidential Information: You may download, store and use this material for your own personal use and research. You may NOT republish, retransmit, redistribute, or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner’s express prior written consent. The website owner’s copyright must remain on all reproductions of material taken from this website
8. Free Valuation: Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your business / property. Please contact RB Gates to arrange a mutually convenient appointment.

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Leicestershire Est. Indian Restaurant & Wine Bar for sale - 22AB299 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.