Prime Location Takeaway Business for Sale in Birmingham, West Midlands with Modern Amenities
Birmingham, West Midlands
- Status
FOR SALE
- Advert ID
626304
- Leasehold: £74,995
- Rent: £13,500 (£1,125 per month)
- Turnover: £208,000 (£4,000 per week)
- Profit: On request
Key Features
- Established Business
- Prime Location
- Potential for Alternative Use
- Close to Local Amenities
Business Details
Running Takeaway Business For Sale
This established takeaway business, located in a prime town center in Birmingham, West Midlands, is now available for sale. Positioned right next to Erdington train station, it benefits from heavy footfall and proximity to various local amenities, such as a pub, nursery, church, mosque, and off-license, all within a short walking distance. It boasts a modern interior design with ambient lighting, spacious dining area, and stylish seating, along with a fully equipped kitchen ready for operations. The leasehold price is £74,995, with an annual rent of £13,500 and a current turnover of £208,000.
All fixtures, fittings, and stock are included in the sale, except for two small items - the electric oven and a mini freezer under the canopy. Previously, the premises successfully operated as a Jamaican Caribbean cuisine for six years, generating around £14,000 a month on a part-time opening basis of 30 hours per week, and prior to that, as an African food place for three years. There is an opportunity for the council to grant a late-night license, adding further potential for growth. Other alternatives for the property include transforming it into another food cuisine, off-license, dark kitchen, or even renting the seating area as a barbershop.
The current owner is selling to focus on expanding into a food/shisha bar, hence the exclusion of the business name and brand. The lease comes with a three-year break clause within a ten-year lease term, allowing potential renewal with new terms. The area has minimal competition due to the unique nature of the freshly fried food offered. The business is listed on platforms like Foodhub, Just Eat, and Deliveroo, and support can be provided if the nature of the food remains unchanged. With only two employees required, this is an attractive, fully fitted business with potential for further expansion and alternative use.
For viewings, appointments must be scheduled. Interested parties are encouraged to reach out for further inquiries. Reasonable offers will be considered, but inappropriate offers are discouraged.
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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.
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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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