Excellent Takeaway Opportunity Premium Advert

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Status
FOR SALE
Advert ID
191675
Reference
5571 / RightBiz

Details

    Established 10 Years

    Annual Turnover £182,000

    Gross Profits Circa 75%

    Short Hours

    Relocation Sale

    EPC - D

Description:
REF 5571 – Leasehold Takeaway with Accommodation




Blacks Business Brokers are proud to bring to the market this leasehold takeaway business located in the much sought after area of Cheadle, Greater Manchester.




INTRODUCTION

Salaam Bangla has been trading here on Church Road in Gatley since 2007 and over that time it has firmly established itself within the local community and gained a superb customer base and reputation.




LOCATION

Gatley is an affluent suburban area within Cheadle. The area is close to Stockport, East Didsbury and Manchester. The area is densely populated with many residents, parks, schools, shops and other businesses. Church Road is the main high street in the area and competition is limited. Well linked with local motorway networks, the area is reputable and popular. Additionally, there is a large, free car park close by.




REASON FOR SALE

The business is only being offered for sale as our client is relocating.




LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 12 years with 3 yearly rent reviews. The current lease began in 2007 at a cost of £288 per week.




BUILDING LAYOUT AND DESIGN

The business is housed within a single fronted, terraced unit within a parade of shops and businesses. The business is well branded with clear signage on display and a side entrance for the first-floor accommodation. Inside, the customer servery area is well presented, with comfortable seating with wooden flooring throughout. The counter area overlooks the kitchen area, which is well equipped and presented. There is a further food preparation area to the rear with a cooking station in place.
On the first floor is a small, two bedroomed flat. This is currently used as storage but could easily be transformed into accommodation for a new owner or potentially could be let.




STAFF

There are currently no staff employed as our client runs the business alone.




FINANCIAL DETAILS

Financial details are available upon a viewing of the business and the business has traded solidly over its history. The business generates weekly takings of £3,500 with strong gross profits of between 70%-75%, 40% of the turnover comes from Just Eat & Hungry House. All customers are from the local area as one would expect with the majority of orders being placed over the phone.




SUMMARY

This leasehold business is well placed and very well established, with large customer base and fantastic reputation. The business already has partnerships in place with HungryHouse and JustEat and could benefit from an online presence of it’s own. There is plenty of scope to develop the business further and there are even more income opportunities through the leasing of the first floor of this building. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
Counter

Till

Food Stand

Naan Clay Oven

Fryer

2 Coolers

Hotplate

3 Fridges

1 Freezer

Drinks Chiller


Opening Hours:
MON - SUN: 17:00 - 23:00


Weekly Rent:
£288 Per Week.
Listing Details
Leasehold Price: £30,000
Tenure: Leasehold
Sector: Fast Food Businesses, Take Aways Businesses
Financials
Annual Turnover: £182,000
Energy Performance Certificate (EPC)
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