Korean Cuisine Restaurant Code.82 In Manchester UK Available For Purchase
Undisclosed, Manchester
- Status
FOR SALE
- Advert ID
623978
- Reference
B08462 / Rightbiz
- Call Agent:
- Leasehold: £79,999
- Turnover: £120,000 (£2,308 Per week)
- Net Profit: £45,000 (38% Profit margin)
Business Details
Thriving Restaurant For Sale
BusinessPlease quote reference B08462
CoGoGo presents a takeaway business for sale in Manchester.
Are you ready to step into the fast-paced world of food takeaway with a thriving business? This small limited company, which is fully registered, is a turn-key takeaway opportunity for an entrepreneur looking to own a profitable business with plenty of growth potential.
Code.82 serves authentic Korean cuisine, blending traditional flavours with modern presentation for an unforgettable dining experience.
Key Highlights:
- Profitable and Proven: Generating a net profit of £45,000 annually from a turnover of £120,000, this business is already a solid performer.
- Lease Terms: The current rent of £2,250 including bills (excluding VAT).
- Well-Established: Owned for 9 months, the business has already built a strong customer base in its locality.
- Profitable: 2nd biggest selling brand on Hungry Panda, great reviews and ratings on Deliveroo/UberEats.
- Convenient Operating Hours: Open 7 days a week, including a shorter Monday schedule for flexibility.
- Scope for Growth: The business currently operates 10 months a year, leaving untapped potential to increase turnover by opening year-round.
- Ideal Location: Positioned perfectly for takeaway services with steady customer flow.
- Lease Duration: 2 years remaining, with a break clause in March, allowing flexibility for the buyer.
- Staffing: Currently run by a single individual, making it perfect for an owner-operator.
Don’t miss out on this fantastic opportunity to own a profitable takeaway business. With scope for growth, this venture is primed for success.
Enquire today to learn more and book a viewing!
Location
Located at Code.82, Unit D, Aldow Enterprise Park, Blackett St, Manchester M12 6AE, the business benefits from a prime spot within an established area that attracts high levels of foot traffic.
Premises
The business is set up in well-suited premises, ideal for takeaway operations.
Tenure
Leasehold - 2-year lease with a break clause in March, providing the new owner with flexibility for future decisions regarding the premises.
The current rent is set at £2,250 including bills (excluding VAT).
Hours
The business operates 7 days a week from 12:00 pm to 10:00 pm.
Staff
Currently operated by one person. With expansion potential, the new owner could hire additional staff to handle increased demand.
Financial Profile
Turnover: £120,000
Net Profit: £45,000
Rental Income: £2,250 per month.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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.
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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 amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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
Contact seller
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
Get Solicitor
