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Thriving Chinese Takeaway & Noodle Bar For Sale on Main Road in Birmingham

Birmingham, West Midlands
Busy Takeaway On Main Road For Sale Photo 1
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Busy Takeaway On Main Road For Sale
  • Leasehold: £69,950
  • Rent: £9,600
  • Turnover: £312,000 (£6,000 Per week)
  • Net Profit: Not Applicable

Key Features

  • With Car Park
  • Price Reduced
  • Accounts Available
  • Fully Fitted
  • Potential for Alternative Use
  • Town Centre location
  • Adjacent to Multiple Retailers
  • Prime Location
  • High Turnover
  • Close to Local Amenities

Business Details

Busy Takeaway On Main Road For Sale

Mailbox Estates is excited to present a remarkable opportunity to acquire a flourishing Chinese takeaway and noodle bar franchise.

This well-maintained establishment boasts strong weekly sales, largely driven by online orders through popular platforms such as Just Eat, Uber Eats, and Deliveroo. Located on a busy road, the shop benefits from high foot traffic, with nearby schools, a community centre, and well-known branded businesses contributing to a consistent flow of potential customers.

As a part of the Chop and Wok franchise, which features nine flagship locations and several exciting new stores set to open across the UK, this franchise offers a diverse and dynamic menu. Customers can enjoy a wide range of cuisines, including Pan-Asian, Thai, Indian, Malaysian, and Japanese, delivering an exceptional and varied dining experience.

The incoming franchisee will benefit from waived start-up fees, generously covered by the vendor as a goodwill gesture. A weekly royalty fee of £300 applies, making this a fantastic turn-key business opportunity.

REASON FOR SALE:
* Our client is reluctantly selling this business due to other commitments that require their full attention.

THE OPPORTUNITY:
* Established Franchise since 2009
* Low Rent and no business rates
* 5* Food Hygiene Rating
* Perfect trading position with large loyal customer base and repeat trade
* Halal registered
* Current owner happy to offer a handover to ensure the continued success.

TURNOVER:
* We have been advised that the current turnover is on average £6,000 per week.
* The business currently uses Just Eat, Uber Eats and Deliveroo.

RENT:
* The rent per month is £800 or £9,600 per year.

LOCATION:
* High Street location with neighbouring businesses such as a Select and Save supermarket, a hair salon and other well know high street names.
* The store is well presented and maintained, with clear visible signage.

EXTERNAL:
* Private garden to the rear for staff or owner parking

SHOP FLOOR PLAN:
* Ground floor - shop sales area of approximately 71 Sq. M (764 Sq. ft)
* Kitchen
* Prep room
* Staff WC
* Storage room

TENURE:
* The site is offered by way of the transfer with a new 7 year lease.

TRADING HOURS:
* Monday - Sunday 5:00pm - 10:45pm
* The store is licenced to open earlier if required.

FIXTURES AND FITTINGS:
* The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

BUSINESS RATES:
* There are no business rates payable.
* Purchasers should enquire with relevant local authorities to confirm the rates payable.

STAFF:
* The takeaway is run under management of four part time staff and two drivers and currently trades with limited opening hours which presents an opportunity for a new owner to increase turnover and profitability through extended opening hours.

LEGAL COST:
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers responsibility.

* Please note, as this is a confidential sale, the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.

DEPOSITS:
* Successful applicants will be required to pay a non-refundable deposit

Viewing is highly recommended, strictly via AGENT ONLY.

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Listing Statistics

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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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