Well Established Kebab Shop in Norfolk For Sale

Shopping precinct locality, excellent trading position, residential, office and commercial area, Norfolk.

Turnover £ 5,250
Price £85,000

Features

Well Established Kebab Shop

DOUBLE FRONTED PREMISES in the region of 850 ft² with industrial non-slip floor, suspended ceiling with fluorescent lighting, 3-pan counter range, EPOS till, stainless steel extractor unit, 2 kebab machine, grill, pizza oven with conveyor belt (single deck). Tables and chairs providing seating for 8 People.

Staff Toilet with w.c. and wash hand basin.

Stock room.

Walkin coldroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £5,500 p.w. with a Gross profit of 65% approx. (including £3,000 via online portals)

Staff

The business is at present operated by the vendor with 2 full time staff plus 2 drivers.

Trading Hours

7 Day week
MONDAY - SUNDAY 2pm - Midnight

Outside

Parking space for 3 car.

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 2020 with reviews every 5 years (next review 2030) at a current rent of £17,666 p.a. + VAT (including service charge)

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote