Restaurant for sale within Hornchurch Essex

Summary:

-          Proof of funds required

-          Huge Potential

-          Unique Opportunity

-          Established Business

-          Residential Area

-          Heavy Footfall Area

-          Excellent Client Base

-          Prime Location

-          All Fixtures & Fittings Included

Business Description:

Silk Letting LTD are proud to present to the market a restaurant within Hornchurch. This business has been trading for the past 5 years and has managed to keep its customers happy by serving the finest quality of products, ranging from things such as

Scallops

Spring Rolls

Fish Cakes

Dumplings

Stir Fry

Sea Food

Rice

Noodles and much more.

By serving these products at a high standard, this business has managed to build itself an excellent client base, which gives a buyer an existing audience to serve their food to. This is a huge benefit, as it would save a buyer time in building a client base from scratch.

Alongside an excellent client base also comes a good reputation, with many highly rated reviews online, leading to just under a 5-star rating. This makes the business more appealing to anyone who may come across the website online and could factor towards the number of potential customers who bought into the business.

This business operates from walk-ins, and passing trade, and has existing agreements with

Deliveroo, Just Eat and Uber Eats.

With all fixtures and fittings included within the purchase of the business, it gives the buyer a huge advantage, as it would assist them towards an easy takeover.

Location and Amenities:

This business is situated on a very busy road surrounded by many local amenities almost making it

seem like a shopping complex. The surrounding amenities factor towards the heavy amount of traffic built up in the area and around the premises, therefore, leading to a high amount of walk-ins and passing trade.

With a bus stop very close by, it makes the business very easily accessible for customers, staff, and the owner if they do need to travel to the premises via public transport.

However, if public transport is not what suits you best, then you will be glad to hear that there are many parking bays outside of the premises, which gives ease of access to anyone who needs to travel to the premises via car.

Growth Potential:

Although this business has already grown to become a success, there are still many ways in which a buyer can expand.

For example, currently, the business opens at 6 pm each day, which leaves space during the morning and afternoon hours free. During these free hours, a buyer could instead open the business which would help the business increase the number of daily sales made and also help maximise profits and revenue.

Another way in which a buyer can improve is by launching the business on different social media

platforms, such as Instagram, and Tik Tok. This could help the business reach out to a wider audience, and potentially help bring in customers from all around the country and not just from the local area.

Financial Profile:

Tenure: Lease (Rents Property Only) – 5 months left remaining on the lease; however, this is renewable.

Turnover is available upon request.

Property:

This business is presented throughout one floor and consists of a reception, a kitchen, a customer

toilet, a storage room and a dining room which consists of around 30 covers, which makes the business perfect for customers who are entering the premises in small or even large groups.

Security Features:

It is fully equipped with metal shutters, 4 CCTV cameras and an alarm system which ensures that the business is always kept safe whilst attended to and unattended.

We advise our buyers not to miss out on this opportunity!

Fixtures and Fittings:

All fixtures and fittings are included in the purchase of this business, which makes it ready for a buyer to get going right away.

A full list of assets is available upon request.

Staff: 

This business currently employs 6 staff members who are willing to stay under new ownership. This is a huge advantage to a buyer, as it gives them an already experienced and efficient team to work with.

It is currently trading:

Tuesday – Saturday: 6:00 pm – 10:00 pm

Sunday: 6:00 pm – 9:30 pm

Reason for the business sale:

The owner has decided to sell the business due to other commitments, which creates the perfect opportunity for a buyer to continue the ongoing success of this business.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for any new owner.

VIEWING STRICTLY BY APPOINTMENT!

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.