Fast Food Takeaway in Essex For Sale

Situated in a parade, busy road, residential area, ESSEX

Turnover £ 3,000
Price £60,000

Features

Fast Food Takeaway

FORECOURT TO FRONT WITH SEATING FOR 8 PEOPLE

The unit is currently offering a mixture of cuisines including Chicken, Pizza and Kebabs.

SINGLE FRONTED PREMISES in the region of 520 ft² with tiled floor, suspended ceiling with spot lights, sales counter, EPOS till, Illuminated menu board, stainless steel extractor unit, Deep fryer, hot display cabinet, 2 kebab machine, bain marie (2-pot), grill, steamer, chips fryer, Tables and chairs providing seating for 4 People, etc.

Kitchen, pizza oven (2-deck), fridges, freezers, double sink and drainer, breading table..

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (£700 online)

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff.

Trading Hours

7 Day week
MONDAY - THURSDAY 11.30am - 10pm
FRIDAY & SATURDAY 11.30am - 11pm
SUNDAY 2.30pm - 9pm

Outside

Parking space for 1 car plus garage

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 2023 with reviews every 4 years (next review 2027) at a current rent of £12,600 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 IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote