Modern Indian Takeaway in Epsom For Sale

Situated in a parade, busy road, SURREY

Turnover £ 6,750
Price £65,000

Features

Well Equipped Indian Takeaway, Established 1991

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 485 ft²., CCTV (5 cameras), Tiled flooring, plasterboard ceiling with LED lighting.

Customer waiting area.

Sales counter, cash register (EPOS).

Kitchen - Stainless steel extractor, 9 burner hob, additional 3 burner hob, 3 ovens, 2 hotplates, commercial blender, microwave, tandoori oven, 2 double door freezers, 1 stainless steel topped deep freeze, single fridge (soft drinks), freezer, stainless steel preparation table, double sink and drainer, etc.

Dry store.

New boiler.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. - £7,000 p.w. with a Gross profit of 65% approx. We are advised the business enjoys 80% repeat orders.

Staff

The business is at present operated by the vendor with 3 full time and 1 part time staff employed.

We are informed the wage bill averages £1,250 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 5 p.m. - 11 p.m.

Outside

Secure metal store.

Garden area to rear with potential to extend.

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 2023 with reviews every 4 years (next review 2027) at a current rent of £18,000 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote