SOLD / WITHDRAWN
29/11/23
603255
CHPWLV1 / Rightbiz
**Please note the store is now closed and not trading**
Mailbox Estates are delighted to welcome to the market a well presented Takeaway currently running as a Pan Asian Dine in or out Food Parlour.
Currently operating as a Chop and Wok Express, in which has nine major stores with many more new and exciting stores opening very soon across the UK.
The store offers a wide range of cuisines such as Pan-Asian, Thai, Indian, Malaysian and Japanese leaving its customers spoilt for choice. Cooked in a live 'food theatre' where all is visible while catering for all by offering a super healthy choice such as low calorie and oil free options.
There are NO FRANCHISE COMMITMENTS in place meaning this the perfect opportunity to open your own dream takeaway
The Opportunity:
* Established since 2009
* Low Rent and no business rates
* 5 star food Hygiene Rating
* Perfect trading position with large loyal customer base and repeat trade
* Current owner happy to offer a handover to ensure the continued success.
* Well presented and maintained
Weekly Turnover
* We have been advised that the current turnover is on average £3,000 - £4,000 per week.
* The business uses Just Eat, Uber Eats, Deliveroo, personal business App and website
Price
* £15,000 OIRO SAV
Tenure
*The site is offered by way of the assignment of the existing lease with 6 years left.
Rent:
* The rent is £11,550 per year.
Rates
* We have been advised that there are no business rates payable.
Staff
*The store is run under management of one full time and four part time staff and three delivery drivers.
Trading Hours:
* Monday - Sunday 4:00pm - 11:00pm
Accommodation
* There is no accommodation available.
Location:
* High Street location with neighbouring businesses such as a hair salon, barbers, a pub and other well know high street names.
* The store is well presented and maintained, with clear visible signage.
Fixtures and Fittings
The business is well-fitted throughout including specialised gas burners to accommodate the different food cuisines, a valuable inventory of equipment is included in the sale price, we are advised the approximate value of fixtures and fittings is £40,000
External:
* There is customer parking available to the front of the store.
* Delivery access to the rear for loading / unloading.
Regulatory
* A5 License
* 5* Food Hygiene Rating
Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.
Trading Information
* Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Viewing arrangements:
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.
DEPOSIT
* Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.
**Please note the store is now closed and not trading**
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 '£15,000 Quick Sale, 4K weekly turnover - CHPWLV1 / 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.