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Popular Fast Food Takeaway in Brierley Hill, West Midlands

Brierley Hill, West Midlands
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Popular Fast Food Takeaway in Brierley Hill, West Midlands
  • Leasehold: £59,950
  • Turnover: £182,000 £3,500 Per week
  • Net Profit: £60,000 33% Profit margin

Business Details

City Business Brokers are pleased to bring to the market this well-established Fast Food Takeaway business.  This is a great opportunity to purchase a popular business which was established by our client a year ago and only now comes onto the market due to business diversification.  The business is located on a busy shopping High Street, consisting of complementary shops and businesses in the bustling and popular area of Brierley Hill.

 

The business sells a huge variety of fast foods including brioche burgers, hot dogs, wraps, sides, dips, children’s menu, desserts, milkshakes, smoothies, ice cream burgers and hot and cold drinks.  A dine-in or collection service is offered along with deliveries using JustEat, UberEats, Deliveroo and foodhub.  

 

The ground floor premises have recently been completely refurbished and a valuable inventory of fixtures, fittings, furniture and equipment (circa £40,000) is included in the asking priceThis well-presented establishment has seating for up to 22 and has benefit of parking to the front of the shop.

 

·         Open 7 days 4.00pm-11.00pm

·         Staff: 1 Full-time (owner) and 5 part-time delivery drivers

·         Rent: £550 per month

·         Lease: 4½ years remain on the current lease

·         Turnover averages £3,500 per week

·         Profit: £60,000 per annum if totally owner run

 

This is a well-established, profitable business.  There is considerable potential for growth by extending the opening hours to offer a breakfast or lunch service and/or late-night service. Furthermore, there is potential growth by offering eat in, or walk in takeaways and considering a franchise opportunity.  The is also the possibility to introduce or create a new product range/brand including alcoholic beverages, pizzas, desserts and shakes etc. Additionally, there is a high rate of potential growth for the new owner to create and boost online and social media presence. Moreover, consideration of corporate catering to larger businesses has also proven to boost growth.

 

We feel the business should be owner-run (couple) to maximise profit.  Viewing is highly recommended.

 

A full profile is available once a non-disclosure agreement has been signed.

 

All enquiries to City Business Brokers.

 

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

 

All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

 

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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.

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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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