Prime Location Takeaway Shop with Apartment in Leyton London for Sale
Leyton, London
- Status
FOR SALE
- Advert ID
622174
- Leasehold: £120,000
- Rent: £17,000 (£1,417 per month)
- Turnover: £182,000 (£3,500 per week)
- Net Profit: On request
Key Features
- Prime Location
- Close to Local Amenities
- New Lease
- Attractive Business
- Small Business
Business Details
Take away shop for sale in Leyton (east London)
The takeaway shop for sale in Leyton, East London, presents an excellent opportunity for growth, particularly if the new owner considers expanding into online business. The established business has been operating for 25 years, with the current owner having managed it for 22 years. This longevity is a testament to its stability and potential for future success.
The property includes an apartment above the shop, generating an additional income of £12,000 per year. The prime location of the business is close to various amenities such as a library, casino, mosque, and other residences and businesses, which all contribute to attracting a steady customer base. The rental expense for this prime location is £17,000 annually.
Competition in the area is minimal, with only one other shop located directly opposite. Included in the sale are various fixtures and fittings, which comprise two Henny Penny chicken fryers, a chicken display cabinet, a steamer, a grill, a chips fryer, a deep freezer, two fridges, a boiler, four chairs, and a table. All current stock is also part of the sale package.
The business currently employs two staff members and does not have an online presence, indicating an untapped market potential for digital expansion. The owner is willing to provide training to ensure a smooth transition for the new owners. The reason for selling is relocation, making this a unique opportunity for interested buyers.
The business is available as a leasehold opportunity with the asking price disclosed upon request. The current turnover stands at £182,000, highlighting its profitability. This is an attractive small business with a promising future, ideally suited for entrepreneurs looking to capitalize on a new lease in a thriving community.
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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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