Well fitted Takeaway in West Midlands For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, West Midlands.

Turnover £ 7,500
Price £117,000

Features

Well Fittted Pizza and Kebab Shop

6 DAYS OPENING
4 STAR HYGIENE RATING

DOUBLE FRONTED CORNER PREMISES in the region of 880 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights., sales counter, cash register, 5 x LED Menu Boards, Stools providing seating for 10 People, Coca-Cola fridge, CCTV system (5 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, kebab machine, hot plate, deep fryer (2 pan), 2 fridges, 3 freezers, double sink and drainer, wash hand sink.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,500 p.w. with a Gross profit of 65% approx. (£5,800 sales via portals)

Staff

The business is at present operated by the vendor with the assistance of 6 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 3.30pm - 3.30am
SUNDAY 3.30pm - 11pm

Outside

Rear yard (Walkin coldroom not working)

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 2023 with reviews every 4 years (next review 2027) at a current rent of £16,800 p.a.

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 VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £117,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 58,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote