Sheffield Quick Service Restaurant, Burrito Picante, For Sale - Staff Managed, £3336 Monthly Profit
Sheffield, South Yorkshire
- Status
FOR SALE
- Date Submitted:
15/08/23
- Advert ID
518160
- Leasehold: £85,000
- Rent: £20,000
- Turnover: £296,400 (£5,700 Per week)
- Net Profit: £35,000 (12% Profit margin)
Key Features
- Prime Location
- New Lease
- Free of Tie Leasehold
- Adjacent to Multiple Retailers
- Fully Fitted
- Attractive Business
Business Details
Quick Service Restaurant Staff Managed
*** CONFIDENTIAL SALE - DO NOT APPROACH BUSINESS ***
Have you ever wanted to own your own Quick Service Restaurant? Now could be that time....
Burrito Picante is a very well established business with over 12 years track record in the industry.
Located centrally in the affluent area of Broomhall,Sheffield. This business is perfectly situated for future success.
The owners now wish to franshise this site to an experienced franchisee.
A newly opened site available for franchise.
As you can see from the listing photos, the restaurant looks absolutely stunning and needs no work. Already currently attracting around 500 customers per week and generating a turnover of circa £5750 per week this is a perfect investment for multiple facett invesment. Suiting hands on or hands off investors and generating profits of circa £2000 per month.
The site is fully staffed with a team of 7, lead from the front by an exceptional general manager who is a very experienced hospitality individual. This means this opportunity is a turn key investment and is ready to start making you money from day one.
We have negotiated central accounts for our restaurants at discounted rates so you dont have to worry about the prices you pay. Our energy bills are now back to pre 2023 rates and are around £750 per month so you wont get stung by extortionate bills. There is a new 10 year lease in place with a very reasonable rent of £20,000 per annum.
Please note this is a confidential sale - We ask you to not approach the staff in this business as this will cause unease within the team.
If you wish to receive more informaiton please get in touch via right biz.
Proof of funds will be required.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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