Fast Food Takeaway in Hertfordshire For Sale

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

Turnover £ 2,000
Price £49,500

Features

Fast Food Takeaway

6 DAYS OPENING
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 570 ft² with wood strip floor, suspended ceiling with spot and hanging lighting, sales counter, EPOS till, Tables and chairs providing seating for 8 People.

Kitchen with stainless steel extractor unit, Oven (commercial / convection), grill, chicken rotisitery, pizza oven (2-deck), stainless steel preparation table.

Preparation room, 2 fridge, under counter freezer, deep freeze.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 65% approx. (70% DELIVERIES)

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week (OPTIONAL 11pm - 1am LATE LICENCE from the council)
SUNDAY - TUESDAY & THURSDAY 5pm - 10.30pm
FRIDAY & SATURDAY 5pm - 11pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2021 with reviews every 2½ years (next review 2028) at a current rent of £10,895 p.a.

Business Rates from April 2024 £600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO FAMILY MEMBERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote