Established Pan Asian Takeaway Business for Sale in Prime Barnet Location
Barnet, London
- Status
FOR SALE
- Date Submitted:
14/02/24
- Advert ID
606731
- Reference
202443073 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Turnover: On request
- Net Profit: On request
Business Details
Business For Sale Pan Asian Takeaway, Barnet EN4 8SY
Business For Sale - Pan Asian Takeaway, Barnet EN4 8SY
Tuk Tuk, 35 Church Hill Rd, London, Barnet EN4 8SY - Thai and Japanese takeaway/restaurant for sale.
Parker Barras are delighted to bring to the market this outstanding opportunity to acquire a well established Thai/Japanese Restaurant/takeaway.
Situated in an affluent area the business is known for its increasing sales and strong local reputation.
The business is perfectly poised for a new owner to take over the business and propel it to new heights.
- Location: Prime spot in a wealthy neighbourhood with a significant increase in new apartments, enhancing potential customer base.
- Rent: Extremely competitive at £958 per month, ensuring low overheads.
- Business Rate: No Business rate
- Lease: 8 years remaining
- Turnover: weekly turnover of £5000
- Capacity: Features customer waiting area and extensive storage space.
- Parking: Plenty of parking areas at the back for customer convenience.
- Operating Hours: Currently serving from 4:00 PM - 10:30 PM; potential to extend hours and maximise revenue.
- Online Presence: Strong digital footprint with established platforms including Just Eat, Uber Eats, Deliveroo, and the shop’s website.
Substantial investment has been poured into recent renovations, resulting in a contemporary and inviting space that resonates with quality. This well-established brand enjoys a loyal customer base, ensuring steady business and sustained success. Additionally, its strategic location is enhanced by a multitude of parking options, adding to the convenience for customers and solidifying its position as a preferred choice in the area.
This sale encompasses not only the fixtures and fittings but also the stock, fridges, bubble tea machines, and all necessary equipment, offering a comprehensive package for anyone keen to dive into the food industry without the need for significant extra outlay. The current proprietors are presenting this attractive proposal due to other ventures, with specifics available upon viewing.
For Sale: £75,000 (Negotiable)
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Listing Statistics
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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.
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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.
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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.'.
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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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