Chicken Shop in West Midlands For Sale

Situated in a small parade, excellent trading position, residential area, West Midlands.

Turnover £ 5,000
Price £110,000

Features

Well Fitted Take Away Chicken Shop

Ample customer's car parking as there are no parking restrictions in front of shop.

SINGLE FRONTED PREMISES in the region of 720 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel lights, granite sales counter, 2 EPOS till, 4 LED Menu Boards, fridge.

Open plan kitchen area, stainless steel extractor unit, 2 Henny Penny deep fryers, deep fryer (2 pan), Henny Penny hot display cabinet, Falcon Grill, Steamer, fridge, breading table, CCTV system (8 cameras, 1 monitor).

Walkin coldroom.

Store room with 2 freezers.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (30% Deliveries)

Staff

The business is at present operated by the vendor's wife with 2 full time staff & 2 part time staff.

Trading Hours

6 Day week
TUESDAY - SATURDAY 3pm - 9.30pm
SUNDAY 3pm - 9pm

Outside

Rear yard & Parking space for 2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2021 with reviews every 4 years (next review 2025) at a current rent of £12,000 p.a.

NIL Business Rates after full relief (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 £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote