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Established Takeaway Bolton

Bolton, Manchester
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  • Leasehold: £35,000
  • Turnover: £83,519 £1,606 Per week
  • Net Profit: Not Applicable

Business Details

    Prominent Busy Main Road Location

    Accounts Available Year End 31st October 2021

    Annual Turnover £83,519

    Gross Profit £58,628

    Rental Income From First Floor Flat

    Further Financial Info Available After Viewing

    Established 2015

    Fully Equipped

    Popular Delivery Service

    Scope For Marketing Drive

    Potential To Expand Menu

    Could Accommodate Any Cuisine

    EPC - TBC

Description:
REF 7781 – Leasehold Takeaway
Blacks Business Brokers are pleased to bring to the market this leasehold takeaway located in Bolton, Greater Manchester.

INTRODUCTION
New Curry Korner was established by our client in this busy area of Bolton in 2015. The business offers a range of dishes including European, biryani, tandoori and much more. 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. Our client has ensured the business has an excellent reputation and good reviews are noted online. New Curry Korner has a comprehensive website in place and a strong social media following.

LOCATION
New Curry Korner occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Morrisons. There are also a number of amenities nearby including parks, schools and restaurants. The area is well linked by the A58 with very strong public transport links and parking is available in the surrounding area.

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.

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

FINANCIAL DETAILS
New Curry Korner has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st October 2021 show that the business has an annual turnover of £83,519 and a gross profit of £58,628. The first floor flat generates an additional £5,400 per annum. Full financial information is available upon request.

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

SUMMARY
This well established business occupies an enviable trading position in a busy area of Bolton close to a large residential area. Our client has secured a strong customer base and good reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours, outside catering and a strong marketing drive. 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.

Accomodation:
BUILDING LAYOUT AND DESIGN
New Curry Korner operates from the ground floor of a mid terraced property on a busy road. The business has large branding and signage on display above a fully glazed frontage. Inside, the servery/counter is positioned to the front of the shop with fully equipped kitchen to the rear of this. The two bedroomed first floor flat generates an income of £450 per calendar month. All areas are well equipped and presented well.



Fixtures & Fittings:
Drinks Display Fridge
Deep Fat Fryers
Tandoori Oven
Hob
Stainless Steel Prep Units
Microwave
Fridges
Freezer
Stainless Steel Sink


Opening Hours:
MON - SUN: 17:00 - 23:00


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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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