Newly Established Bar for Sale in Norwich, UK
For Sale: Indian restaurant near city center, 60-seat dining, bar area, averaging 26 daily walk-ins.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 200 thousand |
| Run Rate Sales | USD 320 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants + 1 more |
| Locations | Norwich |
| Local Time | 6:11 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
134 thousand
(Native Currency: GBP 100,000)
Reason: The owner is selling the restaurant due to health issues.
Includes physical assets worth
USD
12 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Indian restaurant located within walking distance of Norwich city centre.
- The business offers popular South Indian and North Indian dishes, including dosa, biriyani, and tandoori items.
- Has a seating capacity of about 60 and includes a bar area.
- The menu offerings are both veg and non-veg.
- The average order value is GBP 25, and the restaurant has around 26 daily walk-ins.
- The listing is managed by a management member who is based in India and has given that number for communications.
- Operations began last year, so initial revenue was lower. Increased marketing has driven strong recent growth.
- The business is run by three permanent employees. Streamlined operations and premium pricing of our dishes help us generate high revenue.
- We operate as a sole proprietorship with a valid food and bar license in place.
- The business offers popular South Indian and North Indian dishes, including dosa, biriyani, and tandoori items.
- Has a seating capacity of about 60 and includes a bar area.
- The menu offerings are both veg and non-veg.
- The average order value is GBP 25, and the restaurant has around 26 daily walk-ins.
- The listing is managed by a management member who is based in India and has given that number for communications.
- Operations began last year, so initial revenue was lower. Increased marketing has driven strong recent growth.
- The business is run by three permanent employees. Streamlined operations and premium pricing of our dishes help us generate high revenue.
- We operate as a sole proprietorship with a valid food and bar license in place.
Products & Services Overview
Indian restaurant specialising in dishes like dosa, biriyani, and tandoori items, served to dine-in guests and delivery customers via Uber and Deliveroo.
Assets Overview
- Tangible assets include dining tables, chairs, full commercial kitchen equipment, and restaurant fixtures and fittings.- Intangible assets include food and bar license, website and social media accounts, and an established client base.
Facilities Overview
Restaurant facility near Norwich city centre with seating for about 60 guests, bar area, large kitchen, storage, separate toilets and baby-change area. Monthly rent is GBP 2,000.
Capitalization Overview
Business is currently debt-free with no outstanding loans and is owned by a single shareholder.
Tags:
Newly Established Fine Dine Restaurant for Sale in Norwich, UK
·Purchase Newly Established Fine Dine Restaurant in Norwich, UK
·Newly Established Casual Restaurant for Sale in Norwich, UK
·Purchase Newly Established Casual Restaurant in Norwich, UK
·Buy Newly Established Fine Dine Restaurant in Norwich, UK
·Buy Newly Established Casual Restaurant in Norwich, UK
·Newly Established Bar License for Sale in Norwich, UK
·Purchase Newly Established Bar License in Norwich, UK
·Newly Established Sports Bar for Sale in Norwich, UK
·Newly Established Restaurant for Sale in Norwich, UK
·Purchase Newly Established Sports Bar in Norwich, UK
·Purchase Newly Established Restaurant in Norwich, UK
·Newly Established Beach Bar for Sale in Norwich, UK
·Purchase Newly Established Beach Bar in Norwich, UK
·Newly Established Tavern for Sale in Norwich, UK
·Buy Newly Established Bar License in Norwich, UK
·Purchase Newly Established Tavern in Norwich, UK
·Newly Established Fine Dine Restaurant for Sale
·Buy Newly Established Sports Bar in Norwich, UK
·Buy Newly Established Restaurant in Norwich, UK
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Buyers viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 67,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses