Fast Food Restaurant & Takeaway in South London For Sale

Situated in a parade, main road trading position, close to Station and University, SE LONDON

Turnover £ 4,500
Price £55,000

Features

Fast Food Takeaway, Specialising In Burgers, Kebabs and Pizza Takeaway and Delivery

Outdoor seating for 6 persons

4 STAR HYGIENE RATING

SINGLE FRONTED GROUND FLOOR PREMISES in the region of 255 ft². Non slip vinyl flooring, suspended ceiling with spotlights. Customer waiting areas with seating for 4 people (could be increased.).

Sales counter, Epos till, triple door under-counter fridge, double door under-counter fridge, etc.

Customer cloakroom with toilet and sink.

OPEN PLAN DUAL PURPOSES KITCHEN presently used for burgers, kebabs and pizza. .
Stainless steel extractor, grill, doner machine, double basket deep fat fryer, double deck pizza oven, 4-pot bain marie, 4 ring hob, microwave, 2 freezer, drinks fridge, 2 fridges, dishwasher, double sink and drainer, 3 stainless steel preparation tables, pizza making station, dough mixer, dough roller, etc.

Preperation room

Stairs to basement in the region of 200 ft²;

Preparation table, fridge, 2 freezers.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendorThe business is at present operated by the vendor with 2 full time staff employed (including 1 driver.)

Trading Hours

7 Day week
MONDAY - FRIDAY 4 p.m. - 3 p.m.
SATURDAY & SUNDAY 12 noon - 3.a.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 8 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £21,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023 AND OFFERED FOR SALE SOLELY DUE TO THE VENDORS OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote