Thai & Japanese Takeaway in Barnet For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Herts. BARNET

Turnover £ 5,000
Price £75,000

Features

Thai & Japanese Takeaway

6 DAYS OPENING ~ 4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 765 ft² WITH DOUBLE DOORS ELECTRIC SHUTTERS, tiled floor, suspended ceiling with hanging lights, sales counter, 2 EPOS tills, 3 x LED Menu Boards, 2 under counter fridge, bubble tea machine, Tables and chairs providing seating for 8 People.

KITCHEN with stainless steel extractor unit, Chinese Cooker (8-burner), 2 x deep fryer (2 pan), 2 large fridges, 3 freezers, fridge, 2 microwaves, stainless steel preparation table.

Staff Toilet with w.c. and wash hand basin plus shower..
Stock room.
Walkin coldroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 65% approx. (70% DELIVERIES)

Staff

The business is at present operated by the 2 partners with 2 chefs & 2 drivers

Trading Hours

6 Day week
TUESDAY - SATURDAY 4pm - 10.30pm
SUNDAY 4pm - 10pm

Outside

Parking to rear

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £11,496 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote