Restaurants for sale in Brighton

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Spice Bros Indian Restaurant and Takeaway - Brighton

Brighton, East Sussex, England

  • Leasehold Price: £310,000
  • Annual Turnover: £676,000
Seller Reference: KBT47796
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Business Description
 
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Seller Reference: KBT47796
Request Details
Business Description
• Modern Indian restaurant with refurbished 5 bedroom flat
• Advised weekly takings in excess of £13k, further potential
• Prime location amongst other independent retailers
• Presented in excellent condition / c. 54 covers

Popular and well used 54 cover Indian restaurant and take away. Situated just on the outskirts of Brighton town centre within a densely populated area. Regular trade which continues to grow. Advised income c. £8,000 to £12,000 per week. Opened in 2018. Owner run. Excellent condition throughout. Viewing recommended. 47796

Spice Bros is a popular and well respected Indian restaurant business located in Brighton just on the outskirts of the main town centre and within a densely populated residential area which also benefits from a number of other independent retailers and national chains.

The area in general is busy throughout the day with passing footfall, although approx. 70% of the income generated each week comes from regular and growing custom who use the take away service in the evenings and at weekends.

The business was originally established by our client with the doors being opened in November 2018 and provides, what is now a well renowned restaurant within the town with approx. 54 covers which allows flexible seating arrangements.

The business has an excellent roadside trading position with good signage and has been fitted to a high standard throughout including good quality fixtures and fittings due to the total refurbishment prior to opening in 2018 by the current owners.

Since being established, our client has built a loyal and regular customer base and already has a good reputation not only locally but also further afield for the food served by the experienced chefs which include the current owners. We have been advised that the client base has grown mainly through word of mouth, not only from locals but also from tourists who have used many of the taxi firms locally. A significant social media marketing campaign has boosted the performance of the business in 2020.

Summary. A superb opportunity to purchase a destination Indian restaurant with impressive and substantial accomodation which benefits from a regular and loyal customer base which is constantly growing through word of mouth and personal recommendation.

A viewing is highly recommended to fully appreciate the prime location and overall business opportunity which would ideally suit an experienced hands on owner to maximize profits or an existing operator who is looking to expand a portfolio.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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