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Quality Fast Food Take Away in Birmingham – looking for a quick sale busy location

Birmingham, West Midlands
Leasehold Price:
£59,000
Status
FOR SALE
Advert ID
253056
Reference
20191102KP / Rightbiz

Offers are invited of £59,000 for this busy, quality Fast Food Take Away Restaurant in Birmingham

The Business Owner is planning to relocate to another area of the country; hence he is looking for a quick sale.

The current owner has continued to increase sales during his tenure and has an excellent reputation locally for the quality of his food. The business is open seven days per week. The premises are 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 very popular, quality, fast food outlet with a proven track record and excellent reputation. The large premises are fitted out with excellent equipment and is well finished throughout. The business has online bookings through Just Eats and is a gold partner with a rating of over 5 Stars.

The property includes four flats which will continue to generate an additional income for the new owner.      

Summary

The business is located in a busy residential area, close to all main transport links. It is a busy location and has several thriving businesses in the surrounding area. During the current owner’s tenure Weekly takings have continued to grow.

The extensive menu offers a very comprehensive range of food to suit all tastes and appetites. Food on offer includes:

  • Pizza, Peri -Peri Chicken, Southern Fried Chicken, lamb and Chicken Kebabs, Burgers, a variety of combos, Hot wings, Chicken strips, Masala Fish and Chips, Rice, Taftan bread and much more

Premises

The large premises comprise of a ground floor sales area with seating for 20 customers. It has an open plan kitchen which is fully fitted and equipped.

The owner has invested heavily in the business. The premises are fitted out to a very professional standard and includes a high standard of equipment.

The downstairs premises include two washrooms and is approximately 1000 sqft

The premises include 4 flats.

Tenure The property is secured on a long lease until April 2029

Current rent is £13,200 per annum

The owner has employees in place. 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.

 

Trading Hours

The business opening hours are:

Seven days per week 4pm to 3am

 

Potential

  • The proven menu offers all customers a great choice of quality food.
  • The new owner can build on the excellent foundations and invest in local marketing to further increase the sales.
  • The premises are large enough to allow you to add to the existing menu if you choose.
  • The business is a Just Eats gold partner
  • There is opportunity to rent out all four flats – three are currently occupied
  • The flat can generate an income of £13,440 per annum
  • This outlet is located in a very busy residential area.

 

Conclusions

Owner is looking for quick sale and will give the new owner all support required

Proven Quality menu with options to add further food choices.

Located on a main thoroughfare in a busy residential area.

Just Eats Gold Partner

Over 5 * customer ratings on Just Eats

Employees including a delivery driver in place.

Owner has continued to increase sales during his tenure.

The lease includes four flats.

 

Purchase Price

£59,000 (Fifty-Nine Thousand Pounds) to include the goodwill, excellent fixtures and fittings and the benefit of the long lease with stock extra at valuation.

 

Key Financial Information

Current Weekly Takings

£4,000

 

Listing Details
Leasehold Price: £59,000
Tenure: Leasehold
Location: Birmingham, West Midlands
Sector: Take Aways Businesses, Fast Food Businesses, Kebab Shops
Financials
Annual Turnover: £210,000
Annual Net Profit: Available upon request
Key Features
  • Offers Invited
  • Small Business
  • With Accommodation
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 20191102KP / Rightbiz
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