Modern Fast Food Takeaway in West Midlands For Sale

Semi-detached property, excellent trading position, residential area, West Midlands.

Turnover £ 6,000
Price £129,500

Features

Modern Fast Food Takeaway Specialising In Fish and Chips, Kebabs, Chicken and Burgers

CUSTOMER PARKING TO FRONT

6 DAYS OPENING

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 800 ft², CCTV (4 cameras), Tiled flooring, plasterboard ceiling with spot lights.

Customer waiting area.

Sales counter - Electric cash register, sof drinks fridge, ice cream freezer.

OPEN PLAN KITCHEN - Stainless steel extractor, 3 pan range (Middleton), chip skuttle, doner machine, microwave, large double door fridge, 3 chest freezers, triple door under counter fridge, double sink and drainer, stainless steel preparation table, potato peeler, potato chipper, etc.

Dry store.

Staff cloakroom with toilet and wash hand basin.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. (£1,000 p.w. delivery via portals) with a Gross profit of 60% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 12 noon - 2 p.m. Then 4 p.m. - 9 p.m.
SATURDAY 12 noon - 9 p.m.
CLOSED SUNDAYS

Outside

Yard with parking.

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 2021 with reviews every 3 years (next review 2027) at a current rent of £12,400 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND OFFERED FOR SALE DUE TO FAMILY COMMITMENTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £129,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 64,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote