Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Extremely Well Respected Indian Restaurant Business For Sale

Glasgow, Glasgow City, UK
Asking Price:
£60,000
Turnover:
£400,000
Net Profit:
Available on request

Business
Please quote reference B06500

Hilton Smythe are pleased to have been given the opportunity to manage the sale of New Gandhi Indian Restaurant which is a well-established Restaurant with a renowned reputation amongst local residents. This is a superb opportunity to take on a local business in a densely populated residential area.

New Gandhi Indian Restaurant was founded by the current owner 8 years ago and has flourished under his ownership accruing an impressive number of regular customers and a burgeoning reputation, including Trip Advisor.

New Gandhi Indian Restaurant serves an impressive range of food, freshly prepared on the premises using local ingredients wherever possible. As a new modern styled, premier Indian restaurant in the south side of Glasgow, we believe the New Gandhi stands alone in its attention to the details & delights of the culinary senses. The deep aromas, painstakingly perfected from the riches of the mother country, swirl through a lavishly assembled contemporary space.

All fixtures are included in this sale with around £30,000 in value brief list below -

5 x fridges
Oven
Microwaves
Chillers,
Drinks chiller
Glass wash
40 x tables
80 x chairs

The business benefits from impressive reviews and is proud of its PASS* hygiene rating.

Scope to improve -

Advertising and marketing campaign
Maximise the use of social media particularly Twitter and Instagram
Extend the opening hours perhaps opening for breakfasts or as a café during the day, or afternoon teas.
Introduce a loyalty card/ scheme
Investigate online voucher offerings such as Taste Card , Groupon and Wowcher.

Reasons to buy -

A well-established business with an enviable reputation and many existing customers
All fixtures and fittings included making this a real Turn-key business opportunity
Ideal owner managed or partnership business
Current owner happy to offer a handover to ensure the continued
Prime trading position with little or no competition locally
Priced to sell, the business values much higher and thus represents somewhat of a bargain for a lucky new owner.

Hilton Smythe highly advises early viewings to avoid disappointment.

This great business is likely to attract considerable interest.

Location
New Gandhi Indian Restaurant is prominently positioned in a main road position in a densely populated residential area which comprises a mix of property types including owner occupied, private rented.

The business is beautifully presented and maintained with clear visible signage and distinctive livery. There is free on street parking outside the premises.

Premises
New Gandhi Indian Restaurant occupies a generous size property and is presented and maintained to the highest standard.

Bar/Restaurant - Windows and glazed door to front creating a light, airy and inviting interior, beautifully presented with a lovely upmarket feel. Bar area with leather effect sofas, bespoke bar, nice quality tables and chairs currently providing approximately 80 covers but room for more if required.

Kitchen - Immaculate and comprehensively equipped catering kitchen, Walk-in chiller.

Tenure
We are advised that the business is being sold on a Leasehold basis, with 22 years remaining. The rent is £1,000 per month.

Hours
The business hours are -

Monday – 4:00pm – 10:00pm
Tuesday - 4:00pm – 10:00pm
Wednesday - 4:00pm – 10:00pm
Thursday - 4:00pm – 10:00pm
Friday - 4:00pm – 11:00pm
Saturday 4:00pm – 11:00pm
Sunday - 4:00pm – 10:00pm

Staff
We are advised that the business has 3 full-time and 3 part-time members of staff.

Financial Profile
We are advised that the business generates a turnover in the region of £400,000. Full financials can be made available upon further request.

Please quote reference B06500

Property Information

Property:

Leasehold

Contact Hilton Smythe

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Halo Corporate Finance. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Hilton Smythe. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business