Chinese and Thai Takeaway in Hertfordshire For Sale

Situated in a small parade, excellent trading position, residential area with free parking, HERTFORDSHIRE

Turnover £ 65,000
Price £100,000

Features

Attractive Chinese & Thai Takeaway

SINGLE FRONTED PREMISES in the region of 950 ft² WITH ELECTRIC SHUTTERS, tiled floor, spot and hanging lighting, sales counter, EPOS till, 3 x LED Menu Boards, CCTV system (6 cameras).

Open plan kitchen area, stainless steel extractor unit, Chinese Cooker (5-burner), 2 x freezers, 2 x fridges, 3 x noodle machines,, 2 x microwave, double sink and rainer.

Office.
Stock room.
Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 65% approx. (80% ON LINE SALES)

Staff

The business is at present operated by the vendor's wife with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 11am - 10pm

Outside

Shared rear Parking

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £26,000 p.a. + VAT

Business Rates from April 2025 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote