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Locally Renowned Takeaway Business

Smethwick, West Midlands
Status
FOR SALE
Advert ID
253219
Reference
B05726 / Rightbiz
Leasehold Price: £49,999
Annual Turnover: £182,000
Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Dixi Express which is a well-established Takeaway shop with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

There has been a food-based business at these premises for over 15 years and the current owner has run it as Dixi Express for the last 3 years and the business has flourished under his ownership accruing many regular customers and a burgeoning reputation. Alas the business is now being sold, albeit reluctantly and with a heavy heart only due to personal reasons. The vendor is keen to see his beloved takeaway pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Dixi Express is a Pizza takeaway and offers an extensive menu for delivery or collection including:

  • Drinks.
  • Pizzas.
  • Starters.
  • Kebabs.
  • Burgers.
  • Wraps.
  • Southern Fried Chicken.
  • Peri Peri Chicken.
  • Desserts.
  • Ice Cream.
  • Kids meals.
  • Meal Deals.
The sale will include the company website and the business enjoys great visibility on the internet.

Reasons to Buy:

  • A well-established business with an enviable reputation and many existing customers.
  • Prime trading position on a busy main road with free parking.
  • Low running costs with inexpensive rent and no business rates.
  • All fixtures and fittings included making this a real ‘Turnkey’ business opportunity.
  • Current owner happy to offer a handover to ensure the continued success.
  • Ideal owner managed or partnership business.
Hilton Smythe highly advise early viewing to avoid disappointment.



Location
Dixi Express is in Smethwick.

Smethwick is an industrial town in Sandwell, West Midlands, historically in Staffordshire. It is 4 miles west of Birmingham city centre and borders West Bromwich and Oldbury to the north and west.

Dixi Express occupies a prominent main road position and thus benefits from high levels of footfall and passing trade along with regular custom.

The business is nicely presented and maintained with clear visible signage and distinctive livery.

There is free on street parking immediately outside the premises.



Premises
Dixi Express occupies the ground floor of an end terrace retail unit and briefly comprises:

Shop

Double fronted with windows and glazed door to front creating a light, airy and inviting interior, nicely presented with wood effect flooring, suspended ceiling, customer waiting area, illuminated menu boards, space for tables and chairs, bespoke counter running the width of the shop.

Wash Up Area

With twin stainless-steel sinks, perimeter shelving, separate hand wash basin with Triton water heater.

Kitchen

A generous and comprehensively equipped catering kitchen, tiled floor, 2 upright fridges, dough mixer, stainless steel preparation tables , twin basket fryer, southern fried chicken machine, upright freezer, 2 kebab machines, Buffalo griddle, further twin basket fryer, chip scuttle, pizza oven, 4 compartment fridge with 10 pot pizza topping, glass topped ice cream freezer, glass serve over counter.

Cellar

With power and light, UPVc wall cladding, chest freezer, perimeter shelving and floor storage space.

Premises are circa 85sqm.



Tenure
We are advised that Dixi Express is being sold as a leasehold business opportunity.

The existing lease is arranged on a monthly rolling basis, but we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £10,494 per annum which is reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.



Hours
Monday to Sunday 11.30 – 22.30.



Staff
The business is run and managed by our client with the help of 4 full time members of staff.



Financial Profile
Dixi Express generates an advised current turnover of circa £182,000 per annum and continues to grow at an impressive pace.



Listing Details
Location: Smethwick, West Midlands
Sector: Take Aways Businesses, Restaurants
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Advert Reference: B05726 / Rightbiz

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