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Busy Road Kebab, Burger & Pizza Takeaway Business for Sale in West Worthing, Sussex

West Worthing, West Sussex
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KEBAB, BURGER & PIZZA TAKE AWAY  LOCATED ON BUSY MAIN ROAD,  WORTHING, WEST SUSSEX Photo 1
KEBAB, BURGER & PIZZA TAKE AWAY  LOCATED ON BUSY MAIN ROAD,  WORTHING, WEST SUSSEX Photo 2
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KEBAB, BURGER & PIZZA TAKE AWAY  LOCATED ON BUSY MAIN ROAD,  WORTHING, WEST SUSSEXKEBAB, BURGER & PIZZA TAKE AWAY  LOCATED ON BUSY MAIN ROAD,  WORTHING, WEST SUSSEX
  • Status

    FOR SALE

  • Date Submitted:

    07/07/23

  • Advert ID

    516298

  • Reference

    6726C / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £60,000 (Stock at valuation)
  • Rent: £8,000
  • Turnover: £182,000 (£3,500 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Accounts Available
  • Prime Location
  • Fully Fitted

Business Details

KEBAB, BURGER & PIZZA TAKE AWAY LOCATED ON BUSY MAIN ROAD, WORTHING, WEST SUSSEX

The take away is positioned on Ham Road in Worthing, West Sussex on a busy parade of shops. The take away is ideally positioned for providing deliveries across the town.  The surrounding area is densely populated with many flats in the area.  Currently the vendor works with Just Eats, where he has received a star rating of 4.6*.  There would be huge potential to expand onto other platforms to further increase annual turnover. The business has also received positive reviews on Google Reviews and Trip Advisor. The business has been in current vendor’s ownership since 2012 and now only comes to the market due to the vendor’s wish to retire.

THE PREMISES:  This well-equipped premise comes to the market in good condition. On entering the premises there is a serve over counter for taking orders. Behind this area is the cooking area which includes full extraction, two doner kebab machines and a deep fat fryer. To the rear of the premises is a preparation and washing up area as well additional fridges and freezers. The staff toilet is also located to the rear of premises.  There is also access at the rear of the premises where the bins can be accessed and there is parking for 2 cars. The premise also has the benefit of CCTV.

TENURE: The ground floor premises is held on a full repairing and insuring lease at a current rental of £8,000 per annum, with 7 years left on the current lease.

RATES:  We have been informed that the current rateable value of the premises is £7,200 per annum and the rates payable amount to zero. Prospective occupiers should make their own enquiries to verify same.

TURNOVER: The vendor and her family run the business with the assistance of 1 part time delivery driver. The current opening hours are 4pm-11pm Saturday-Thursday and 12pm-11pm on Friday. The average current turnover is £3,500 per week. They currently only work with Just Eat, therefore there is the opportunity to include other delivery companies as well.

GENERAL REMARKS:  Established business. Secure lease. Based on a busy main road in a densely populated area. Easy access to Worthing and surrounding areas for deliveries.

PRICE:  We are instructed to quote for all of the fixture and fittings, lease and goodwill - £60,000 SAV Price reduction.

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE: The premises has been rated a band D and the full report is available upon request.  

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT: All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE  & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:        6726C

These particulars are believed to be correct but their accuracy is not guaranteed and

they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

 I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial

                  should I be party to negotiations or actions which seek to preclude, or are contrary to

                  the interest of Watkins Commercial.

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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.

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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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The data showed regarding this advert 'KEBAB, BURGER & PIZZA TAKE AWAY LOCATED ON BUSY MAIN ROAD, WORTHING, WEST SUSSEX - 6726C / 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.