Modern Fast Food Restaurant in Kent For Sale

City Centre, excellent trading position, office and commercial area, Kent.

Turnover £ 5,000
Price £140,000

Features

Modern Fast Food Restaurant & Takeaway Specialising In Pizza, Grill, Kebab and Chicken

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES, in the region of 950 ft², Vinyl flooring, suspended ceiling with spot lights and pendants.

Tables and chairs seating 24 people.

Sales counter - EPOS till, 2 soft drinks fridges,

OPEN PLAN KITCHEN - Stainless steel extractor, conveyor pizza oven (gas), double basketr deep fat fryer, 4 burner hob, peri peri Rationale steamer, grill, heated cabinet, rotorisserie, 2 kebab machines, salad fridge, display chiller, 2 upright fridges, 2 chest freezers, upright freezer, dough mixer, pizza topping station, single sink and drainer, wash hand basin, etc,

Ladies / Disabled cloakroom with toilet and wash hand basin.
Gents cloakroom with toilet and wash hand basin.

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 1 full time staff employed. with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 11 pm

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 2024 with reviews every 5 years (next review 2029) at a current rent of £15,500 p.a. plus V.A.T.

Business Rates from April 2024 £500 approx. (Please contact local authority to confirm)

THE BUSINESS WAS ESTABLISHED IN JUNE 2024 AND IS OFFERED FOR SALE SOLELY DUE TO OWNER'S ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote