Profitable Gyros, Kebab, Burger Shop in King's Lynn Norfolk Town Centre for Sale
Kings Lynn, Norfolk
- Status
FOR SALE
- Advert ID
623419
- Leasehold: £64,900
- Rent: £17,500 (£1,458 per month)
- Turnover: £260,000 (£5,000 per week)
- Profit: Not Applicable
Key Features
- Accounts Available
- Established Business
- High Turnover
- Prime Location
Business Details
Gyros Kebab Burgers shop for sale in Kings Lynn
Business for Sale: Gyros, Kebab Restaurant & Takeaway Shop in King's Lynn Town Centre
This lucrative fast food takeaway is strategically positioned in the bustling King's Lynn Town Centre. With its exceptional location, the restaurant offers an enticing array of cuisines, including gyros, burgers, kebabs, shawarma, and wraps, boasting a high turnover. The business is notable for its high-quality food and top-notch service, attracting a steady flow of customers.
The sale includes all kitchen appliances, fixtures, and fittings. A significant advantage is the late trading license, which permits extended operating hours. Furthermore, the business collaborates with popular delivery services such as Just Eat, Deliveroo, and Uber Eats. This affiliation enhances its reach and revenue streams.
The current rent for the premises is £1,750 per month, backed by a renewable lease lasting 7 years. The revenue ranges from £4,500 to £5,000 weekly, showcasing the business's financial robustness. The asking price for this thriving establishment is £69,000.
This is a ghost kitchen operating under four successful brands: Sobe Burgers, Patty Guy, Smashed, and Bangtan. Having been in operation for three years, the business has experienced an upward trend in turnover and maintains a strong online presence. Situated near essential amenities such as the town's bus station and shopping centers, the location attracts a diverse clientele, with minimal competition in the vicinity.
Additional Details:
- The business has been under the same ownership for 3 years.
- There is a significant increase in turnover year-on-year.
- All fixtures and fittings are included in the sale price.
- Comprehensive accounts are available for interested buyers.
Offered at a leasehold price of £64,900, the total annual turnover is estimated at £260,000, and the yearly rent is set at £17,500. The sale also includes all stock, further sweetening the deal.
This well-established business, positioned in a high-traffic area with convenient parking, is poised for continued growth. It is available for immediate acquisition, with full details open for discussion upon inspection. Serious inquiries only, please.
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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.
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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.
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