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Superb Indian Restaurant for sale in Coventry

Coventry, West Midlands

Asking Price £90,000
Turnover £312,000

Business overview

A very well known established Fully Licenced 100 seater Indian Restaurant is for sale in Coventry. Selling due to other commitments and business ventures looking for genuine buyers thanks.

Business details

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  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

A very well known Fully licenced 100 seater Indian Restaurant in Earlsdon Coventry is for sale.There are lots of regular customers and students in and around this area that we have built in few years.

The Restaurant is in a prime location 10 mins walk from the city centre and Coventry train station and also the Earlsdon high street.The only reason i am selling this Restaurant is I don't have enough time I have another business so I can’t concentrate on both the businesses.

The rent on this Restaurant is very reasonable it's only £500 per week and no Rates I know on the same block there are people paying more per week. The Restaurant is run by myself and partner at the moment. This restaurant has a good size kitchen / cooking area and bar, it’s a 3 floor Restaurant first and second floor is used as restaurant and third floor empty at the moment but it can easily be converted in to rooms for accommodation.

There is also two universities around there the main Coventry university and the Warwick university lots of students around the area. Having won the UK City of Culture 2021 the business and shops have seen a massive increase in sales. Also lots of development works are being carried out in around the city, there is big potential and lot of money to be made. I have run this restaurant for the last 8 years I have been very happy with this Restaurant and also made lots of money from it. I would not sell but the reason is I can't be in two places at once.

There is a long lease on this Restaurant and my asking price for this restaurant is £90k for the business fixture and fittings included cookers,fridge freezers, chair tables and much more in the sale, even an empty shop in this area there would be a goodwill charge nothing less at least. With reliable staff and more time invested you will make your money back very quickly.

Images are available on request as i do not wish for the customers to see the business for sale. This is a beautifully presented large Indian restaurant only contact me if you are a genuine buyer no time wasters please because ..I will consider any offers very close to asking price. Please get in touch.

FULLY-LICENCED INDIAN RESTAURANT FOR SALE

Rent: £26,000 pa
Rate: NIL
Lease: 15 years
Premium: £90,000 negotiable

Established successful business since 2007, has more potential to grow in right hands. Selling due to other business commitments.

Serious buyers please contact Junaid or Nasir
Directly through Bizdaq here - and we can arrange to speak on the phone.
Viewing highly recommended.

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