FOR SALE
21/03/23
510361
2355 / Rightbiz
Summary:
Business Description:
Silk Letting LTD are proud to present to the market a well-established takeaway in the centre of Somerset. Located on the seafront near a lot of local amenities, this business is based in a prime location with a heavy amount of footfall
It has been serving its customers the finest portions of foods such as:
Burgers
Roasts
Filled Rolls
Sausages
Desserts and much more.
This business has managed to build itself an excellent client base gaining many loyal customers over the past two years that it has been trading. With a high reputation, it gives the business a good look online as it has many 5-star reviews to back this up.
It already has an agreement with a national business that they cater for, which will give a buyer a head start, as there is a wide reach from this.
The business currently operates from takeaways and deliveries from its website and has agreements with Just Eat, Deliveroo and Uber Eats.
With all fixtures and fittings included and an A3 and A5 license, this business will be equipped and ready for a new owner to get going right away.
Location and Amenities:
Situated in the main food quarter, this business is in an area which generates a huge amount of footfall. Not only because it is on the seafront, but also with the fact that it is surrounded by some of the most popular amenities within the area.
The amount of footfall the area generates leads to a high number of walk-ins and passing trade. Also, nearby pay and display on close streets, make this business easily accessible for the owner customers and staff if they need to travel.
Conveniently, there are also local transportation links on the main road close by. For example, many buses come into the area which also makes the business easily accessible for anyone who prefers to use public transport.
Growth Potential:
Although this business is already a success, it still has room for further growth.
For example, the business could open at earlier times of the day such as early morning. This gives a new owner the chance to then cater towards people who are in the area at that time. This also gives the owner a chance to reach out to a new audience and maximise on profits throughout the day.
Expanding on this, the new owner could also offer a breakfast menu at earlier times of the day. By doing so, the new owner could generate a lot more custom and cater to a different audience just by expanding the menu.
This premises can be home to any sort of business trade, meaning that a buyer is not restricted to just trade as a takeaway. If a buyer has other plans then this is the perfect location to proceed with any business ventures that a buyer may have.
Financial Profile:
Tenure: Lease (Rents Property Only) – 4 years left remaining on the lease however this can be extended.
This business benefits from not having to pay business rates.
Turnover is available upon request.
This business has a very low monthly rent, being one of the lowest in the area.
Property:
This well-established business is set over one floor in a very spacious property. As this business is takeaway only, it leaves the employees plenty of space to work in comfort and ease within their newly refurbished kitchen.
The business décor posted outside the front of the shop will never fail to catch the attention of anyone passing by.
Security Features:
CCTV cameras can be put up if the owner requires them however, the business is based in a very safeguarded area by the council where not much crime happens.
We advise our buyers not to miss this unique opportunity!
Fixtures and Fittings:
All fixtures and fittings are included in the purchase of this business making it ready for a new owner to get going right away.
A full list of assets is available upon request.
Staff:
The business does currently employ five staff members however, only three are willing to stay under new ownership. This is an advantage for a new owner as it already gives them an efficient team to work with. It also saves the new owner time as they would not have to spend time looking for new members to help with the success of the business.
The business is currently open:
Monday: Closed
Tuesday - Saturday: 3pm - 9:30pm
Sunday: 11am - 9:00pm
The owner is currently selling the business due to personal reasons which creates the perfect opportunity for a new owner to continue the success of this well-established business.
We believe that this business will not be on the market for long, so we advise you to book your viewings now to avoid disappointment!
VIEWING STRICTLY BY APPOINTMENT!
If you are interested, please contact us to discuss any sales enquiries or to arrange a viewing on 0161 507 9791.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Takeaway for sale In Somerset - 2355 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.