Long Established Indian Takeaway in Bexley For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, BEXLEY, Kent / South London.

Turnover £ 8,500
Price £85,000

Features

Long Established Indian Takeaway

4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 500 ft², CCTV (2 cameras), Tiled flooring, suspeded ceiling with spot lights.

Customer waiting area, sale counter, cash drawer, soft drinks fridge.

Kitchen - Stainless steel extractor, new 8 burner cooker with oven, modern tandoori oven, double basket deep fat fryer, 3 hot cupboards, 3 single door stainless steel fridges, 2 chest freezers, stainless steel preparation tables, double sink and drainer, etc,

Walkin cold room

Staff cloakroom with toilet and sink.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 40% approx.

Tremendous potential to increase sales with the introduction of other cusineses (Pizzas, Chicken, Kebabs and burgers.)

Staff

The business is at present operated by the vendor with 4 full time and 3 part time staff (including drivers.)

We are informed the wage bill averages £2,200p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 4.30 pm - 10 pm

Scope and demand for longer hours.

Outside

Yard with shed (dry store)

Bin Store

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2014 with reviews every 5 years (next review 2029) at a current rent of £18,200 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1992, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote