Well Presented Fast Food Restaurant in Middlesex For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, MIDDLESEX

Turnover £ 8,000
Price £250,000

Features

Well Fitted Fast Food Takeaway

5 STAR HYGIENE RATING

FITTED TO A HIGH STANDARD

DOUBLE FRONTED PREMISES in the region of 1,700 ft². Tiled floor, suspended ceiling with spot and fluorescent lighting. Air conditioning with hot air. Tables and chairs providing seating for 40 persons. Sales counter, 3 EPOS tills, 4 LED menu boards. SSK self scan till for customer use, drinks dispensing machine. CCTV system (8 cameras, 1 monitor.

OPEN PLAN KITCHEN AREA. Stainless steel extractor unit, griddle, 4 2-pan deep fryers, 7-burner charcoal grill, hotplate, toaster, 2 upright fridges, under-counter freezer, 2 freezers, double sink and drainer.

Walk-in freezer

Toilet with w.c. and wash hand basin

Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a gross profit of 65% approx. (25% ONLINE SALES)

Staff

The business is at present operated by the vendor on a management basis with the assistance of 6 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 11 a.m - 11 p.m

Outside

Parking space for 2 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £50,000 p.a. plus VAT

Business Rates from April 2023 £20,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote