FOR SALE
28/09/23
600391
484 / Rightbiz
This is a rare opportunity to acquire a well-established takeaway business based in Taunton, Somerset. The business is available on a relocatable basis.
The business operates as a takeaway business selling delicious, freshly baked jacket potatoes with a wide range of hot and cold fillings, hot pork rolls, wraps, and hot and cold drinks to their customer base in the town centre on a takeaway basis. They pride themselves on using the finest, locally sourced ingredients, where possible and use compostable food boxes and cutlery as the environment is also very important to them.
The business operates from a fully fitted catering trailer which has a town centre Council pitch outside a busy bank. The business has a licence, costing just £530 per annum, so the trailer can be left on the pitch 24/7 or can be moved should the new owner wish to do events. The pitch can be transferred and has incredibly low running costs as the pitch fee includes the electric. The pitch can be renewed each year assuming the rules are adhered to, and the owner has permission for tables and chairs for customers who prefer to sit and eat. There is currently seating for 12 people around 5 tables which is included in the licence and provides more flexibility for customers.
The business has been established since 2016 and they have experienced steady growth on an annual basis since then. They have built up an excellent reputation in their local community and are considered a household name in the area. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures in a short period of time.
· High footfall and passing trade
· Highly sought-after location
· Prominent location in the area
· Loyal customer base
· High quality catering trailer
· All fixtures, fittings and equipment included
· Minimal overheads (pitch fee includes electric)
· Minimal competition from similar businesses
· High turnover - £52,000 (approx.)
· Huge potential for further growth and success.
· Large amount of parking nearby
It is with a heavy heart that the current vendor is selling due to personal reasons. Due to the location and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking an established business within the (retail) catering sector or an existing business looking for a lucrative acquisition.
This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.
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
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