Established Café/Takeaway in Dundee for Sale at £44,995, Turnkey Condition
City of Dundee, Dundee
- Status
FOR SALE
- Date Submitted:
10/05/21
- Advert ID
276349
- Reference
B06135 / Rightbiz
- Call Agent:
- Leasehold: £37,500
- Asking Price: £130,000
- Turnover: £45,121 (£868 Per week)
- Net Profit: £13,897 (31% Profit margin)
Business Details
Well established Cafe Takeaway for sale
Business*** Leasehold price - £37,500 + SAV ***
Please quote reference B06135
CoGoGo are delighted to offer to the market an exciting opportunity to acquire on both a Freehold or Leasehold basis, this very well-presented café / takeaway business that can be found in true turnkey condition.
Bosphorus Café Kebab and Pizza has been under the careful and meticulous ownership of our client for a number of years growing the business to become the popular eatery it is today. The current owner is now looking to sell the business as they look to relocate in the near future.
The business provides a range of quality, freshly cooked kebabs and pizzas that are available for takeaway or delivery, with customers having the option to sit in the pleasant 20 cover café dining area. The business has currently been run on shorter hours to suit our client, but there is scope to open in the mornings and afternoons to catch some further trade.
The business trades on its reputation and has outstanding future possibilities, offering the opportunity for either an established operator looking to expand their portfolio or an individual/partnership/investor looking for a turn-key business opportunity with great potential for a profitable return.
A tremendous opportunity to own this turnkey business, and early enquiries are highly recommended to avoid disappointment.
Location
The business is located in the popular city of Dundee on the busy and thriving Arbroath Road area within the city.
The business is surrounded by a mixture of residential and commercial properties, leading to a good level of passing trade as well as regular footfall. The area is well serviced in terms of local amenities, with a bus stop outside the premises offering access to all other areas within the city.
Premises
The business is located in a traditional double fronted café/ takeaway premises. The main area is capable of 20 covers for sit-in dining, with service counter located to the left-hand side, with a fully functioning commercial kitchen area located to the rear of the premises with a host of industry standard catering equipment. The premises further benefits from customer W/C area, full extraction system along with mains gas supply.
The business can be found in good general condition leaving very little for a new owner to do upon purchase. The business also benefits from excellent signage and is easily visible to passing trade.
All Fixtures and fittings to be included.
Tenure
We are advised that the business is being sold on both a Freehold or Leasehold basis.
For the Leasehold, our client has advised he would be happy to offer a new lease subject to a minimum of 10 years. The rent would be £700pcm.
Hours
The business hours are;
Monday – 17:00 – 23:00
Tuesday – CLOSED
Wednesday – CLOSED
Thursday – 17:00 – 23:00
Friday – 17:00 – 23:00
Saturday – 17:00 – 23:00
Sunday – 17:00 – 23:00
Staff
We are advised that the business is ran and managed by the owner with the help of 1 full time member of staff.
Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £29,000. Full financials can be made available upon further request.
Please quote reference B06135
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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