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5-Star Rated Peri Peri Chicken Restaurant Franchise in Berkshire for Sale

Slough, Berkshire
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Highly rated restaurant franchise opportunity for saleHighly rated restaurant franchise opportunity for saleHighly rated restaurant franchise opportunity for saleHighly rated restaurant franchise opportunity for saleHighly rated restaurant franchise opportunity for saleHighly rated restaurant franchise opportunity for sale
  • Status

    FOR SALE

  • Date Submitted:

    04/08/23

  • Advert ID

    517611

  • Reference

    B07451 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £299,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly rated restaurant franchise opportunity for sale

Business
Please quote reference B07451

CoGoGo are delighted to welcome to the market Five Lads, a highly rated restaurant franchise opportunity in Slough, Berkshire. 

The business was first established by our client in 2021, building up an excellent reputation and regular client base during its short time of trading. As seen by the many online reviews and ratings, the business is extremely popular within the local community.

This business opportunity as now come to the open market due to our clients desire to move on. 

Five Lads is restaurant franchise opportunity uses the finest fresh ingredients to ensure the quality is consistent every time. Together with their signature Peri Peri chicken, marinated in their secret recipe along with a choice of Gourmet burgers, there is something for everyone.

Key selling points -

  • Excellent location
  • Newly renovated with new equipment
  • Would suit a partnership or family run business.
  • 5 star hygiene rating
Scope for further growth - 

  • Push advertising and marketing
  • Leaflet/Menu drops in the local area


Location
Five Lads is located on Farnham Road in Slough, Berkshire.

The business has attractive eye catching signage, receiving high levels of footfall and passing trade. 



Premises
Upon entrance is the main service area with seating for 20+.

Counter with til systems and large menu boards.

Rear kitchen and preparation area fully fitted stainless steel worktops and equipment.

Easy clean flooring and wall coverings/



Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 20 year lease, with a 10 year break clause. The current rent is £29,000 per annum.



Hours
The current trading hours are -

Monday to Sunday - 11:30 - 23:30



Staff
We are advised that the business has 4 full-time and 3 part-time staff members. 



Financial Profile
We are advised as per the 2023 accounts (11 months), the business generated a turnover in the region of £300,000 and the kit is £170,000. Further financials can be made available upon request. 



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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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