Profitable Chicken & Wings Hut Takeaway in Busy London Area Up For Sale
City of London, London
- Status
FOR SALE
- Advert ID
620911
- Reference
B08334 / Rightbiz
- Call Agent:
- Leasehold: £59,995
- Turnover: £175,000 (£3,365 per week)
- Profit: Not Applicable
Business Details
Profitable & Thriving Takeaway For Sale
BusinessPlease quote reference B08334
CoGoGo presents Chicken & Wings Hut a profitable fried chicken takeaway established in 2023, located in the bustling heart of Plumstead.
Newly kitted out with high-quality, modern equipment, this popular takeaway has rapidly built a loyal customer base, thanks to its fresh renovation, strategic location, and reputation for delicious fried chicken and wings.
Chicken & Wings Hut is fully operational with two skilled staff members who run day-to-day operations seamlessly. The takeaway is listing on popular delivery platforms Uber Eats and Just Eat, maximising visibility and driving consistent online orders alongside in-store sales. A full CCTV security system is in place, ensuring safety and peace of mind.
With assets valued in the region of £35,000, the business is fully equipped and ready for a new owner to step in without any additional investment. The current owner is selling due to a desire to pursue new ventures, presenting a prime opportunity for someone to take over and further grow this thriving business.
Opportunities for Growth:
- Enhanced Marketing & Promotions: Launching social media campaigns and in-store promotions could boost brand awareness and attract a larger customer base.
- Expanded Menu Options: Adding additional sides, desserts and more could increase average order value, enhancing profitability.
- Catering & Party Packages: Offering group or catering options could attract additional customers for events and gatherings.
Don't miss the chance to own this high-performing takeaway in the vibrant area of Plumstead!
Location
Positioned in a high-footfall area with substantial passing trade, it's the go-to spot for locals and visitors alike seeking fast, flavourful meals.
Premises
Chicken & Wings Hut occupies a single-fronted storefront, boasting eye-catching signage that draws in passersby with its bold colours and dynamic design. The menu is prominently displayed on the windows, allowing customers to browse their mouthwatering selection of chicken dishes and wings before stepping inside.
Tenure
This opportunity is being sold on a Leasehold basis with 9 years remaining on the lease.
The current rent is £13,000 per annum.
Hours
The current operating hours are:
Monday to Sunday - 11:00 am to 1:00 am
Staff
This business is run and managed by our client with the help of 2 staff members.
Financial Profile
This business generated a turnover of £175,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Advert Statistics Graph
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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.
Be safe, use a Rightbiz Solicitor
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