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Profitable King Wraps Takeaway Business in Enfield London for Sale

Enfield, London
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  • Status

    FOR SALE

  • Date Submitted:

    08/04/24

  • Advert ID

    609464

  • Leasehold: £75,000
  • Rent: £8,340
  • Turnover: £286,000 (£5,500 Per week)
  • Net Profit: On request

Key Features

  • Small Business
  • Fully Fitted
  • Prime Location
  • Offers Invited
  • Attractive Business

Business Details

King Wraps takeaway for sale

We established King Wraps, a takeaway restaurant, a few years ago. The business is presently generating an income between £5,000 and £6,000 every week. The cost-effective annual rent is £7,000 making it an attractive option for someone looking for a manageable overhead. Due to our commitment to other businesses, King Wraps is fully staff-managed and we have decided to sell it.

The asking price for the business is £75,000. However, we are open to considering reasonable offers. The reason behind our sale is our inability to administrate the business due to our other obligations. We believe that with the right management, there is a substantial opportunity for the business to flourish further because of its affordable operational costs and consistent income.

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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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