Fast Food Takeaway in West Midlands For Sale

Situated in a parade of 4 shops, residental area WEST MIDLANDS

Turnover £ 5,000
Price £120,000

Features

Fish and Chip Shop with Chicken, Burgers and Pizza

No parking problems.

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 850 ft², WITH ELECTRIC SHUTTERS, CCTV (8 cameras, Tiled flooring, Suspended ceiling with led panel lights.

Customer waiting area.

Sales counter, EPOS cash register. Soft drinks fridge.

Open plan kitchen - Stainless steel extractor, Middleton pan fish and chip range, chip dump, microwave, griddle, souther fried chinchen machine, 2 x 3 pot bain maries, 3 doner machines, conveyor pizza oven, fish fridge, upright fridge, upright double door freezer, 2 ches freezer, single sink and drainer, wash hand basin, stainless steel preparation tables, etc.

Preparation area - Chipper, peeler, dough mixer, dough roller, batter mixer, etc.

Staff cloakroom with toilet and sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 60% approx.

Staff

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

Trading Hours

7 Day week
MONDAY - SATURDAY 12 noon - 2 pm Then 4 pm - 10 pm
SUNDAY 4 pm - 10 pm

Outside

Yard.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 15 YEARS LEASE at a rent of £13,500 p.a. for the first 3 years, with rent reviews every 3 years therafter.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2014

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote