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A Rare Opportunity to Take Over an Established Roosters Piri Piri Franchise in the Centre of Leeds

Leeds, West Yorkshire
Status
FOR SALE
Advert ID
260892
Reference
SL11119 / Rightbiz
08000614117
Leasehold Price: £120,000
Annual Turnover: £280,000
Annual Net Profit: Available upon request
A rare opportunity to takeover an established Roosters Piri Piri franchise in the heart of Leeds city centre in a very busy area. The owners are selling as they have to travel from Nottingham every day to attend the business and the travel time and cost is now too much and have decided to let the business go at a very low price. This franchise now has over 40 franchises throughout the UK and have opened stores in several international locations. Roosters Piri Piri is a healthy and modern food establishment with halal meat as standard to cater for all.

The sale includes all fixtures and fittings in this very clean and modern kitchen with no additional franchise fee to pay, full training will be provided. There is a large seating area for customers to sit and enjoy their food as well as the delivery side of the business, there are great opportunities to grow this business way beyond it’s current takings of £280,000. The franchise also benefits from corporate deals with Just Eat, Deliveroo and Uber.

The current lease has 7.5 years remaining on it with a break clause in 2.5 years. Rent stands at £20,400 and business rates of £10,400, there is also a service charge of approximately £10k in this popular shopping centre.

Opening hours are currently 11am to 8pm but the owners have said there is an opportunity to open until 10pm to further capitalise on the delivery side of the business. Further to this there is more opportunity to use Virtual Brands to expand the delivery side of the business even more.

Listing Details
Location: Leeds, West Yorkshire
Marketed By: Business Sales Plus
Sector:
Key Features
  • Accounts Available
  • With Car Park
  • Established Business
  • Potential for Alternative Use
  • Adjacent to Multiple Retailers
  • Prime Location
  • Attractive Business
  • Fully Fitted
  • Town Centre location
  • Price Reduced
Contact Agent
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Advert Reference: SL11119 / Rightbiz

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