Restaurant for sale in Croydon High street

Leasehold: £85,000
Rent: £21,600
Turnover: £400,000
Net Profit: N/A

We are delighted to welcome to the market this charming and fully equipped Indian restaurant, café, and takeaway in Croydon

Business Description:-

The business has been established for twenty years. I have owned it for three years. There are public transport links nearby: East Croydon station. It is situated in the High street, a prime location close to a residential area. There is healthy competition in the area. We are located in a heavy footfall area so, there is good potential among other businesses.

The sale is for the leasehold of the business for £85,000 or your nearest offer. The sale includes fixtures, fittings and stock. These include a new kitchen, all equipment, basement and ground floor. The yearly turnover of the business is £400,000. It has been increasing over the years. The reason behind the sale is that we are relocating back to India. The current hours are 12 pm - 12 am. We have a staff of six employees.

This highly rated business holds an A3 licence and is renowned for its delicious menu.

The highly reputable business has pre-established delivery agreements with UberEats, JustEat, and Deliveroo with many 5-star reviews across multiple platforms. The business benefits from an excellent client base of returning customers and a heavy footfall of passing trade. The business has recently undergone a £20,000 refurbishment that includes an additional extractor system in the kitchen.

Summary:-

– It is a rental property

– There is huge potential for the space

– It is in a prime location

– Heavy footfall area

– All Fixtures and Fittings Included

– highly rated

– It is an established business

– It is a fully refurbished property

– Proof of funds required

Location and amenities:-

The business is located in a prime position close to a residential area and on a busy high street in Croydon with good transport links making the premises easily accessible for the owner and customers. The business is surrounded by local amenities and residential areas it benefits them from a high footfall trade, local customers, and walk-ins.

Growth potential:-

It is a perfect opportunity for any new buyer looking for a well-established business with the potential for further growth. This already successful business only opens six days a week and could increase revenue by extending its opening hours to include opening seven days a week. There are offers and discounts throughout the week at quieter times.

Increase social media following with Facebook and Instagram accounts and run incentives and competitions. Turnover is available upon request.

Security features:

The property is fitted with a CCTV system.

Fixtures and fittings:-

The business is fully equipped with all the equipment needed to run the business to its full potential and includes a newly fitted bar and cellar. A full list of assets is available upon request.

The owner is selling the business due to other business commitments. This creates the perfect opportunity for any new owner to take over an already well-established and profitable business. A hand-over period is available from the owner.

Would you love to be running an already successful business and call it your own? This is a business to get excited about, and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

This is a huge and unique business opportunity to become your boss and carry out your passion daily. A viewing of this business is highly recommended to appreciate its true value and the potential it has for any owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested please contact us to discuss any sale enquiries or arrange a viewing. We are willing to offer training opportunities to the new owners.

Get in touch for more information.