Chicken Shop in South London For Sale

Situated in a parade, prominent corner trading position, SURREY

Turnover £ 6,500
Price £180,000

Features

Franchise Chicken Shop

DOUBLE FRONTED PREMISES, in the region of 500 ft², WITH ELECTRIC SHUTTERS, CCTV (7 cameras), Tield flooring, suspended ceiling with LED lighting.


Custer waiting area with seating for 6 cunstomers.

Sales counter, EPOS cash register, soft drinks fridge.

OPEN PLAN KITCHEN - Stainless steel extractor, 2 Henny Pennys chicken cooker, double basket deep fast fryer, grill, heated display cabinet, breading table, 3 chest freezers, stainless steel preperastion table, slush machine, double sink and drainer, etc.

Walkin chiller.

Staff cloakroom with toilet and wash hand basin.

Store room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 55% approx. (Approximately 30% on line sales)

Staff

The business is at present operated by the vendor with 2 full time staff employed. with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 11 am - 11 pm
SUNDAY 11 am - 10 pm

Outside

Bin store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £15,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote