Intelligent Business Transfer are pleased to offer for sale this unique and highly popular Oriental Restaurant combined with karaoke bar. Due to their unique concept, there is very little competition (zero equivalent competition) in the city.
The premises are well decorated and fitted out to a very high standard. They are located in a fashionable and busy area of Nottingham. The business premises are currently on a peppercorn rent (£158 per annum for ground rent), so there are extremely minimal overheads for the next 13 years.
With an impressive turnover and lots of repeat custom, this offers an extremely profitable opportunity to a prospective buyer. Though already extremely successful, there is also opportunity for further development.
One opportunity is in pursuing business for the karaoke function rooms, by targeting local businesses. It would also be good to create a website and focus on online marketing. Currently advertising has been done by word of mouth only. There is a huge potential to market the business online or by banners or leaflet distribution throughout the town. The restaurant has no website. Launching a website could open the business up to new potential customers; particularly people searching for a venue for their party or function.
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