Sweet Treat Fast Food Takeaway in Greater Manchester For Sale

Shopping centre locality, residential, office and commercial area, MANCHESTER

Turnover £ 5,000
Price £100,000

Features

Established Franchise Food Business Specialising In Freshly Prepared Spanish / Portugese Sweet Delicacies

5 STAR HYGIENE RATING

OPEN FRONTED PREMISES, sales counter, EPOS till, CCTV system (2 cameras), stainless steel preparation table, large Deep fryer with press, Dough mixer, hob, heat lamp, button to cup Coffee Machine, ice cream display freezer, sources Pumps, under counter drinks display fridge (glass fronted upright double-door), etc

Stock room, sink, dishwasher, fridge.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 80% approx.

Staff

5 part time staff.

We are informed the wage bill averages £950 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 am - 7pm
SUNDAY 10 am - 5 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £40,000 p.a. plus VAT then after 2 years £42,500 then £45,000 for the last 2 years

In addition we understand there is a Service charge of £2,600 p.a. approx.

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

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

Price

SALE VIA SHARE TRANSFER

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote