Fast Food Restaurant and Takeaway in Surrey For Sale

Situated in a parade, main road trading position, residential and commercial area, SURREY.

Turnover £ 7,000
Price £110,000

Features

Burger & Chicken Takeaway & Restaurant

DOUBLE FRONTED PREMISES with canopy blind. Byfold doors. Tiled floor, plaster board ceiling with tube lights. Tables & Chairs providing seating for 20 persons. CCTV (3 cameras.)

OPEN KITCHEN. Stainless steel extractor, 2 free standing electric fryers, twin tank table top fryer, 1-2m flat gas grill, microwave, 2 under-counter fridges, 1 under-counter freezer, refridgerated preparation station, 2 chest freezers, 1 stainless steel table, single sink and drainer, separate wash hand basin, ice cream machine, blender, etc.

Unisex cloakroom with w.c, wash hand basin

PREPARATION ROOM. Stanless steel freezer, sink, chest freezers, upright 2 door stainless steel fridge, upright single door stainless steel fridge.

Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the manager with 3 full time staff plus the assistance of 1 part time staff. We are informed the wage bill averages £1,800 p.w. approx.

Trading Hours

7 Day week
12 noon - 11pm

Outside

Garden with seating for 20 persons

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 25 years in 2018 with reviews every 5 years (next review 2023) at a current rent of £20,400 p.a.

Business Rates from April 2024 £1,000 approx. (after small business relief)

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