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Established High Profit Dixy Chicken Outlet in West Midlands

Undisclosed, West Midlands
Leasehold Price:
£63,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
238201
Reference
36971-980418 / Rightbiz

Details

High Profit, Established Dixy Chicken outlet in West Midlands – Owner looking for quick sale
Transworld are pleased to represent this Established, High profit, Dixy Chicken Outlet.

The Business Owner is close to completing the purchase of another business and is keen to achieve a quick sale, hence the very attractive listing price.

Dixy Chicken is an established franchise brand with a very popular menu. This outlet operates at a high turnover, delivering a gross profit of circa 70% and excellent net profits.
The store has been a Dixy Chicken for 6 years. The business has operated as a fast food chicken business for 25 years.
The business is open seven days per week. The business is located on the busy high street in a popular retail area with high footfall. It is in a busy residential area with local schools and located close to a busy main thoroughfare.
This is a great opportunity to purchase a successful established Dixy Chicken outlet with a proven track record and an established team in place including a manager. The large premises are fitted out with excellent equipment and is well finished throughout. Dixy Chicken has active online bookings through Just Eats.
The property includes a recently refurbished flat which will generate an additional income for the new owner.

Dixy Chicken is located on a busy High Street, in a busy residential area which is packed full of independent stores, coffee shops, bars and eating establishments. It is a busy location and has several thriving businesses along the busy high street and surrounding area. During the current owner’s tenure Weekly takings have been consistently high.

Unfortunately, due to other business interests the owner does not have the necessary time to focus on the growth of the business. They are looking for a quick sale as such the business is very competitively priced

The extensive menu offers a very comprehensive range of food to suit all tastes and appetites. 

The owner has established employees in place including a manager.

He will provide the new owner with all technical assistance to ensure that the restaurant continues to be a success. The business model is well established, cooking recipes easy to learn and online ordering systems are well bedded down. The business is in good order for a new owner to step in without skipping a beat.

• The business enjoys very healthy sales
• The whole property is secured on a long lease.
• Annual rent is £17000
• The flat generates an additional income of £6,000 per annum
• The business has a 4-star hygiene rating
• This Dixy Chicken outlet is located on the busy high street.

• The proven Dixy Chicken menu offers all customers a great choice of quality food.
• The business has an established manager and team in place this will allow you to focus on marketing the business in order to increase the sales still further.
• The premises are large, and you may choose to add to the proven Dixy Chicken menu and link them to the Just Eat and other food delivery options.
• You may choose to increase the existing team and extend the opening hours.

Owner is looking for quick sale – hence the very attractive selling price

Dixy Chicken is located on a main thoroughfare in a busy residential area. 

Established team in place including a manager.

Proven sales history.

Significant opportunity to increase takings.

The lease includes a recently refurbished two-bedroom flat which provides additional rental income of £6000 per annum.

This is an excellent opportunity for a new owner to buy a restaurant with an established brand which has excellent financials, a team led by a manager. The new owner will have time to build the business to further increase earnings potential.

Purchase Price
£63,000 (Sixty-Three Thousand Pounds) to include the goodwill, fixtures and fittings and the benefit of the long lease with stock extra at valuation.

Key Financials
Expected annual turnover £280,000

The large premises comprise of a ground floor sales area with seating for up to 30 customers. It has an open plan kitchen which is fully fitted and equipped. A rear small store room, a WC and a kitchen at the rear which also has a rear store, cold storage and an office. 
The premises are equipped with CCTV.
The premises have a self-contained flat with entrance from the rear. On the first floor there is a comfortable lounge, a kitchen and a double bedroom and there is a second double bedroom located on the second floor.

The property is secured on a long lease
Current rent is £17000 per annum

The owner has established employees in place including a manager. He will also provide the new owner with all technical assistance to ensure that the restaurant continues to be a success. The business model is well established, cooking recipes easy to learn and online ordering systems are well bedded down. The business is in good order for a new owner to step in without skipping a beat.

Trading Hours

The business opening hours are:
Monday to Thursday 10am to 11pm
Friday and Saturday 10am to 12am
Sunday 11am to 11pm

The new owner has the opportunity to extend the opening hours.

Seller Details
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Listing Details
Leasehold Price: £63,000
Tenure: Leasehold
Sector: Food Franchise Resales Businesses
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