Indian Restaurant For Sale in Bedfordshire- Business 4 Sale .co.uk

Business Summary

Advent Business Sales is pleased to have been instructed to offer to the market this very well established Indian restaurant which has been trading successfully for over 5 years.The current vendors, who founded the business, are only now reluctantly selling to enable them to concentrate on their other restaurants which are nearer to home.The restaurant has an excellent local reputation and was recently voted the restaurant of the year in the district of Aylesbury by its customers.The restaurant has a good takeaway business, which accounts for circa 25% of turnover. They offer a 10% discount on takeaways and free home delivery within a 5 mile radius on all orders of £18 or more.The restaurant serves with the British palette in mind, traditional Balti, curry and Tandoori dishes.The restaurant has 70 covers in its very well presented premises and has a fully equipped kitchen which comprises: • 8 ring mains gas burner with double oven under and stainless steel extraction over• Tandoori oven• Microwave• 2 hot cupboards• 2 stainless steel upright fridges• Coffee and expresso machines• Single glass door drinks chiller• Many stainless steel prep tablesThe business employs 6 full time staff including the vendor and are currently achieving weekly sales of circa £5,000, which has in the past been as high as £10,000 per week.We are advised that stock at cost is approximately £10,000.REF: 9426LU

Property Information

	Property:	Leasehold

	Lease Terms:	TENURE: LeaseholdOriginal lease: 20 yearsRemaining lease: 15 yearsReview every: 5 yearsRent: £29,000We are advised that the annual business rates are currently: £2,500

	Living Accommodation:	No

	Location:	The restaurant has an excellent high visibility location on a busy through road of an affluent town in Bedfordshire. The area is principally residential although there is a nearby bed and breakfast, convenience store and estate agents. The towns of Aylesbury, Dunstable and Leighton Buzzard are all nearby.The restaurant has its own car park which can accommodate up to 14 cars with overflow available on its grassy area or in the nearby streets.

Growth Potential

Our clients clearly have an outstanding Indian restaurant. It does however, offer excellent scope to increase both sales and profits in the near future by:1. Opening at lunch times during the week2. Convert the at present unused 4 bedrooms on the first floor into letting rooms or as staff accommodation3. Planning permission exists to convert part of the ground floor to increase the covers available by an extra 30 to make 100 in total

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon-Fri: 6pm - 11pmSat: 12 - 2pm & 6pm - 11pmSun: 12 - 2pm & 6pm - 10.30pm

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