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Established Food Kiosk Barnsley

Barnsley, South Yorkshire
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Established Food Kiosk - BarnsleyEstablished Food Kiosk - BarnsleyEstablished Food Kiosk - BarnsleyEstablished Food Kiosk - BarnsleyEstablished Food Kiosk - Barnsley
  • Leasehold: £60,000
  • Turnover: £123,306
  • Net Profit: Not Applicable
    Prominent Shopping Centre Location

    Accounts Available Year End 28th February 2020

    Annual Turnover £123,306

    Gross Profit £69,580

    Further Financial Info Available After Viewing

    Established 2009

    Fully Equipped

    Prime Location

    High Footfall Area

    Five Star Food Hygiene Rating

    Strong Social Media Following

    Website Ready To Launch

    Potential For Delivery Services

    Scope To Launch Uber and Deliveroo

Description:
REF 7716 – Leasehold Food Kiosk
Blacks Business Brokers are pleased to bring to the market this leasehold food kiosk located in Cheapside, Barnsley.

INTRODUCTION
Hot Jacks was established by our client in this busy shopping centre in Barnsley in 2009. The business offers a range of hot foods, drinks and treats including milkshakes and ice blasts. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position in The Alhambra Shopping Centre. Our client has ensured the business has an excellent reputation, five star hygiene rating and superb reviews are noted on Google and Trip Advisor.

LOCATION
Hot Jacks occupies a prime trading position in the shopping centre right outside a busy toy store. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Primark, Next, Wilko and many more. This area of Barnsley is well linked by the M1 with very strong public transport links and parking is available close by. The Alhambra Shopping Centre sees around 400,000 visitors per month and Barnsley is currently undergoing a £200 million refurbishment programme.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The current lease is a five year lease which began in 2018 at a cost of £311.50 per week.

BUILDING LAYOUT AND DESIGN
Hot Jacks operated from a large, circular kiosk with two serving areas. Inside, the kiosk is fitted with a range of catering equipment including oven/grill, fridge and freezer, coffee maker, chocolate fondue machine and much more

STAFF
The business operates with three members of part time staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS
Hot Jacks has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 28th February 2020 show annual turnover of £123,306 and gross profit of £69,580. Full financial information is available upon request.

BUSINESS RATES
Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This very well established business occupies an enviable trading position in a sought after shopping centre position. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu options and a delivery service. Our client has created a website with ordering system which is ready for a new owner to launch. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings:
All Catering Equipment
Chocolate Fondue Machine
Fridge
Freezer
Coffee Machine
Oven/Grill


Opening Hours:
MON - SAT: 10:00 - 17:30 SUN: 10:00 - 16:00


Weekly Rent:
£311 Per Week. Weekly Rent:
£311 Per Week.
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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. Rest 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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