Restaurant and Wine Bar

  • Leasehold Price: £200,000
Leicester, Leicestershire, England
Seller Ref:[22AB299
For Sale

Restaurant and Wine Bar

Leicester, Leicestershire, England
Seller Ref:[22AB299
  • Leasehold Price: £200,000

Description

RB Gates Nationwide are pleased to present to the market this Leicestershire Leasehold Indian Restaurant business for sale. The Company has been changed during the period of trading however the existing company was incorporated in December 2016 giving a strong 7+ years of establishment and popularity.

This business has come from strength to strength and the Vendor has informed that regular customers have increased gradually year upon year. The current Lease in place was renewed in the current Company’s name in March 2017 for a Lease term of 20 years. The restaurant proudly stands at 5 out of 5 stars on trip advisor with 240+ reviews with 244 reviews as Excellent 5*.

The Company is efficiently running their business on FAVOURITE TABLE software who self-proclaim as ‘The best value full-function restaurant booking system on the market’. The software works on any web browser so there is no software that needs to be installed.

Growth Opportunities

The following ADDITIONAL SERVICES can be offered by the new business owner to increase revenue SIGNIFICANTLY. This would easily be achievable considering the pre-existing and regular client base.

1. Outside Events Catering – Weddings / Birthdays / Anniversaries / Networking Events etc

2. In House Events Catering – Weddings / Birthdays / Christmas Parties / Networking Events etc

3. Mobile App – create regular custom through a points scheme

4. Loyalty Cards / loyalty Scheme for returning customers

Handover Process: Vendor is open to providing a hand over period of 4-8 weeks (Paid) [longer if required] subject to offer and business sale agreement. The Vendor has confirmed that the all chefs and waiters can be transferred subject to further negotiations, discussions and expectations.

Business Sales Disclaimer – Terms & Conditions Apply

Confidential Business Sale: This business/property is a confidential sale and we require you to review and complete a Non-Disclosure Agreement prior to disclosing confidential information to you. All information received, oral or in writing or both, relating to the vendor or business, from RB Gates Ltd is be treated in the strictest confidence, not visit or contact the Vendors, their staff, customers, suppliers, franchisors, bankers or any other connection without our knowledge and authority.

Viewing BY APPOINTMENT ONLY with the Agents RB Gates Ltd T/A RB Gates, Nationwide Tel: 0208 0046499 Viewing is highly recommended as businesses such as these rarely stay on the market for long. [NO TIME WASTERS PLEASE]

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Buyer’s Premium: Please note that a buyer’s premium of £2000.00 will apply when purchasing this property.
4. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
5. Services: Please note we have not tested the services or any of the equipment or appliances in this property and so accordingly we strongly advise prospective buyers to commission their own survey or service reports before then finalising their offer to purchase.
6. Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither RB Gates Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
7. Confidential Information: You may download, store and use this material for your own personal use and research. You may NOT republish, retransmit, redistribute, or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner’s express prior written consent. The website owner’s copyright must remain on all reproductions of material taken from this website
8. Free Valuation: Thinking of selling? We would be delighted to provide you with a free market appraisal/valuation of your business / property. Please contact RB Gates to arrange a mutually convenient appointment.

Location Details:
Leicester
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
www.rbgates.co.uk

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