Pakistani Restaurant Located In Birmingham For Sale
150 Covers & Potential For 200
This respected and well fitted Indian Restaurant is located in Perry Barr which is just North of Birmingham City centre. Its positioned within a prominent and highly visible parade of retail shops which is just set back from the busy (A34) Birchfield Road. Within close proximity you will find the One Stop shopping centre, Alexander International Athletics stadium and Perry Barr Greyhound Stadium.
Asking Price: £149,950 plus SAV
Turnover: £7,000 per week
Original term:10 years
Remaining: 4 years
Rent: £24,000 per annum
Business rates: £9,000
Veritas Business Sales are delighted to offer for sale this outstanding Indian Restaurant which is located in Perry Barr, Birmingham. The business was established by our clients 6 years ago and has been in their careful hands ever since and is reluctantly being offered for sale to pursue other interests. The 150 capacity restaurant is fitted to a high specification and since ownership they have totally refurbished and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Hamza is owner operated and employs the help of 4 full time and 5 part time staff members and has an healthy weekly turnover of circa £7,000 per week. Approximately £1,500 per week is made up of delivery takeaways and the remaining £5,500 comes from the restaurant. They serves a fine range of classic Indian dishes along with modern contemporary delights and all fayre is freshly prepared to order on site using only the freshest and finest produce. We believe that there is further potential to increase trade by adding an alcohol licence and implementing an advertising and marketing campaign along with leaflet dropping which currently does not happen. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visitors . This is a superb opportunity to purchase an established business that still has untapped potential which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Monday – Sunday – 5.00pm – Midnight
Restaurant comprising: vestibule entrance porch, 150 seater capacity restaurant with tiled flooring, serve over sales counter with EPOS cash register, ice cream fridge, sink drainer with fitted units, chest freezer, cake fridge, drinks chiller and work table. Rear hallway and entrance with: Disabled W/C with hand wash basin and dryer. Ladies W/C x 2 with 2 x hand wash basins and hand dryer. Gents W/C x 2 with 2 x hand wash basins and dryer. Store/boiler room. Office Catering kitchen comprising: stainless steel double sink drainer with jet spray, stainless steel single sink drainer, stainless steel storage racking, 12 burner gas range, char grill, 2 x tandoori ovens, double deep fat fryer, stainless steel work tops, hotplate with under cupboard food warmer, onion slicer, blender, dough mixer, serve over chilled counter, 2 large commercial gas burners, extraction unit x2, chest freezer and walk-in cold room. Dry stores Small freezer stores Staff W/C with hand wash basin
Rear customer carpark with CCTV coverage
The property benefits from air conditioning, electric roller shutters and an intruder alarm.