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Quality Indian Thai Restaurant For Sale

 
Derby, Derbyshire, United Kingdom
 
Advert ref: D457
 
FINANCIAL DETAILS
 
Asking price: £75,000
 
Sales revenue: £140,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
Price reduced Authentic Indian and Thai Restaurant, Fully licensed and Air Conditioned also offering a Takeaway and delivery service. The Restaurant enjoys a growing reputation providing an extensive menu 7 nights a week. This visible location with quality decor and fittings is suitable for all occasions and benefits from many regular customers. There are currently a total of 40 covers and the potential to create an alfresco area to the front of the property.
The price is reduced for a quicker sale and the owners will consider sensible offers for this business and there is also the opportunity for flexible payment terms and lease options.


GENERAL INFORMATION
 
Employees: Vendors run the business with the assistance of 2 Full time staff members and occasional Part time staff as required
Trading hours: Currently 7 evenings per week
Property: Leasehold

Lease terms
It is anticipated that the landlord will grant a new lease to the purchasers on terms to be agreed, subject to the usual checks. Rent for the ground floor is expected to be in the region of £15,000 per annum.


Living accomodation
BY SEPARATE NEGOTIATION: 1st Floor (approx 50 sq mts) offers a 1 bedroom flat, currently rented at £5,000 pa on a short term let.


Location
Situated in a suburb of Derby, with heavy passing footfall from the adjacent residential and retail areas with car parking in the vicinity of the business.


Support & training
The owners will offer support and training as required.


Reasons for selling
To persue other interests


Financing available
If you need help or advice please let us know and we will put you in touch with our Finance Specialists who can help to fund the purchase of this type of business.


 
The Business Partnership - Derbyshire, Nottinghamshire, Sth Staffs, NW Leics
 
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Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30