An exceptional opportunity to acquire a well-established Indian vegetarian restaurant and bar located within a thriving town centre leisure and retail destination in Oxfordshire.
The business occupies a prominent position amongst national retailers, restaurants, cafés and entertainment venues, benefiting from strong footfall throughout the week and an excellent local customer catchment. The premises have been fitted to a high standard, offering a stylish dining environment, fully fitted commercial kitchen and bar facilities, making it an ideal turnkey opportunity for an experienced operator or investor.
Business Highlights
Average Weekly Sales: Approx. £10,000
Annual Turnover: Approx. £520,000
Walk-in to Deliveries Ratio: 90 : 10
Seating Capacity: Approx. 100 Covers Indoor & 120 including Outdoor
Lease Details
Approximately 14 Years Remaining (Renewable)
Current Rent: £50,000 VAT Per Annum
Operating Costs
Food Cost: Approx. 25 % Of Sales
Utilities (Gas & Electricity): Approx. £2,385 Per Month
Business Rates: Approx. £1,803 Per Month
Service Charge & Insurance: Approx. £96.98 VAT Per Month
Staff: Currently approx. £10,000 Per Month
Staffing
The business currently operates with a team of seven staff comprising:
1 Manager
1 Head Chef
1 Assistant Chef
2 Kitchen Assistants / Porters
2 Waiters
All staff are willing to remain, subject to buyer requirements.
Growth Opportunities
Introduce Non-Vegetarian Menu Options To Increase Sales
Improve Gross Margins Through Alternative Supply Chains
Expand Online Ordering & Delivery Operations
Develop Corporate Catering & Event Business
Increase Marketing & Social Media Presence
Extend Trading Opportunities Through Private Functions & Events
Suitable For
Experienced Restaurant Operators
Hospitality Groups Looking To Expand
Bar & Restaurant Operators
Owner-Operators Looking For A Premium Dining Opportunity
Important Information
Supporting Financial Information Available To Genuine Purchasers once an offer is accepted and Holding Deposit paid.
Non-Disclosure Agreement (NDA) & Proof of Funds is mandatory and is required Prior To Release Of Further Information
Viewings Strictly By Appointment Only
Buyers Must Carry Out Their Own Independent Due Diligence
