FOR SALE
21/12/23
604224
CS0223 / Rightbiz
Mailbox Estates is delighted to present an exceptional opportunity to acquire a highly popular takeaway located on a bustling main road, providing unmatched visibility and exposure.
This exciting venture presents an ideal prospect for seasoned operators seeking expansion, as well as first-time buyers drawn to its manageable size and straightforward operation
By expanding services to include delectable offerings such as kebabs and pizzas, the establishment stands to significantly boost turnover and profit margins. Moreover, tapping into the local lunchtime trade with enticing meal deals is poised to further drive profitability, especially given the proximity of the business to a secondary school and two other schools within walking distance.
Reason for Sale:
•Our clients are selling due to family commitments
The Opportunity:
•Weekly turnover of £2,000
•Nil Business Rates
•Option to add Pizzas and increase the delivery radius
•Extend the opening hours for the lunch time trade
•Low rent of £1,100 per month
Location:
•Strategically positioned alongside complementary retail businesses, benefitting from high footfall. Bold signage and a corner location enhance visibility, with three major schools nearby, including a local football stadium
Weekly Turnover:
•We have been advised by our client that the weekly turnover on average is £2,000.
•The business is a member of food hub, just eat, Uber eats and have their own website
Internal:
•The store offers both eat-in and take-out services, featuring an open-plan trading area with a central serving counter, a fully-equipped kitchen, spacious preparation area, storage room, staff WC, and rear access
Tenure:
•Offered via assignment of the existing lease, with 5 years remaining and the option to renew
Rent:
•The rent per annum is £13,200
Staff:
•Owner-managed with two part-time staff members
Trading Hours:
•Monday to Sunday, 4:30pm - 10:30pm
Fixtures and Fittings:
•The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as.
•Large Griddle
•Panini grill x 1
•Flame grilled fires x2
•Food warmer
•Stainless Steel Fridge
•Single Freezer X1
•Chest Freezer x 3 double
•Mini Red bull Fridge x 1
•Drinks Fridge x 1
•Stainless steal canopy with extractors
•Fryers x 2
External:
•There is customer parking available to the front of the store
•Rear delivery access for convenient loading/unloading
Rates:
•We have been advised that there are no business rates payable.
Regulatory:
•A3 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
•Successful applicants will be required to pay a non-refundable deposit.
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 'Excellent Burger Bar Takeaway situated on a bustling main road - CS0223 / 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.