Fast Food Takeaway in Wood Green For Sale

Situated in a parade, excellent trading position,opposite station, next to multi-plex, NORTH LONDON WOOD GREEN

Turnover £ 9,000
Price £175,000

Features

Fast Food Takeaway (specialising In Fried & Piri Piri Chicken & Pizzas)

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES with ELECTRIC SHUTTERS. Laminate tiled floor, suspended ceiling with spotlights. Menu tv screens. Tables and chairs seating 10 persons. Sales counter, 2 EPOS tills, soft drinks fridge. CCTV (8 cameras),

KITCHEN. Tube lighting, tiled floor. Stainless steel extractor, gas grill, Rational oven, gas pizza oven with converyor belt, pizza topping fridge, dough mixer, 2 Henny Penny chicken cookers, Henny Penny breading machine, 2 double basket deep fat fryers, grilled chicken warmer, hot cabinet, chest freezer with stainless steel top, upright double door freezer, chest freezer, upright stainless steel fridge, Ben and Jerrys freezer, warming cabinet, double sink and drainer, wash hand basin, stainless steel preparation table.

Staff cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a gross profit of 65% approx. (50/50 delivery and counter sales)

Staff

The business is at present operated by a manager with 1 full time staff plus the assistance of 5 part time staff. We are informed the wage bill averages £2,500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 a.m - 2 a.m (Late night licence)

Outside

Bin store to side

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the landlord is prepared to grant a new lease 10 / 15 years lease, reviews every 3 years at a rent of £37,000 p.a. (No VAT charged)

NIL Business Rates April, 2023 £2,120.75 after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JUNE 2021

Price

TO INCLUDE THE NEW RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote