Indian Restaurants for sale in Birmingham

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Well Established Indian Restaurant In West Midlands For Sale

Birmingham, West Midlands, England

  • Leasehold Price: £80,000
Seller Reference: 4414
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 4414
Request Details
Business Description
WELL ESTABLISHED INDIAN RESTAURANT - WEST MIDLANDS
Situated in the city centre of Birmingham
Advised annual turnover of £220,000
Well maintained and easy to run
Scope for further development
Genuine reason for sale
Superb trading location
LEASEHOLD

Business History
Meridian Business Sales are pleased to offer to the market this well established Indian restaurant/ take away business which was established by our client in 1999. The only reason this excellent restaurant is being offered to the market is due to our client's desire to concentrate on other business interests. Since the business was established the have continually developed and improved the business, introducing new lines and income streams which have enhanced the business massively. Our client informs us that annual turnover currently runs at £220,000 with a gross profit of £180,000 which is derived from serving traditional Indian and Bangladeshi cuisine and English dishes in the tastefully decorated 60 seater restaurant together with a takeaway for customers wishing to dine at home. There are two three bedroomed flats above the business which could possibly be used as owner's accommodation or potentially used as a function room STPP which may increase turnover. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. Benefiting from a professional website this is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended.

Location
This well established, leasehold Indian restaurant business has an ideal trading location in Ward End, Birmingham. The restaurant sits prominently on a major through road and has a fine display of neighbouring commercial businesses and retailers together with a dense residential population close by. The business also benefits from free front communal parking facilities which are a big convenience for all who wish to stop by. The business also benefits massively from being situated on a main busy through road which is used by travellers, commuters and public transport passages on a daily basis. Birmingham offers some of Europe's most desirable shopping, dining, and entertainment venues which bring a consistent flow of business and visitors to the city throughout the year. Birmingham also offers an International Airport, world recognised golf courses and many historic landmark attractions. The city also benefits from being situated right in the centre of the UKs motorway network with access to the M6, M5, M40, M42 and connecting to the M1 and beyond.

Trading Hours
Monday: 5:00pm - 12:00am
Tuesday: 5:00pm - 12:00am
Wednesday: 5:00pm - 12:00am
Thursday: 5:00pm - 12:00am
Friday: 5:00pm - 1:00am
Saturday: 5:00pm - 1:00am
Sunday: 5:00pm - 12:00am

Accommodation
Well presented and signed glass fronted property, briefly comprising:
GROUND FLOOR
Secure entrance leading to:
Open plan restaurant tastefully decorated
Ample dining tables and chairs for 60 covers
Fitted bar area - Free of tie
2 x WC
Kitchen - equipped for business
Door to back yard with storage area

FIRST FLOOR
3 bedroomed flat
Kitchen
Bathroom

SECOND FLOOR
3 bedroomed flat

EXTERNAL
Communal parking area to the front

Parking to rear
Separate entrance to first floor via outside stairs

Property information
Property:
Leasehold
Tenure:
Leasehold
Listed by:
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