A recently refurbished food takeaway business in busy location For Sale

A recently refurbished food takeaway business in busy location For Sale 

• Goodwill / Leasehold: £80,000
• Rent: £12,480 (£1,040 pcm)
• Turnover: ~£350,000 (£6,500 - £7000 per week)  

Business

Main Estates presents Stax, established 1.5 years ago, this business has become a well-loved gem in Leicester's vibrant burger and shakes scene, renowned for its smash burgers, juicy tenders, shakes and subs which are freshly cooked to order.
 

Key assets valued at approximately £40,000 are included in the sale, covering all high-quality kitchen equipment including the ice cream machine, fridges, freezers, fryers, grill, bain-maries, a large commercial kitchen extraction canopy, recently updated gas & electrics,  fitted storage, eat in furniture, brand assets and online platforms. The business is currently for sale due to a change in the owners’ personal circumstances, creating an excellent opportunity for a new owner to take over a high revenue generating business and boosting its current revenue and profit profile. 

Located in a prime high-footfall area on Uppingham Road. This business currently benefits from steady passing trade and a loyal customer base in store and via all major platforms including Uber Eats, Deliveroo and Just Eat, which has earned it increasing revenue over the last 9 months. 

Stax currently uses locally sourced, high-quality ingredients to create a menu that's bursting with flavours. With dedicated options for chicken and meat lovers, the business has carved out a niche that appeals to Leicester's diverse clientele. Their selection ranges from different types of munch boxes to their mouth waterings shakes, subs and donuts. 

Location
Stax is located at 235 Uppingham Road, Leicester LE5 4DG.

Premises
Stax occupies a vibrant corner premises adorned with bold, eye-catching signage on the external and internal of the shop. Inside, the space has a contemporary design with vibrant lighting and plenty of seating for approximate 15-20 eat in customers. It is also based in an area with a wide radius covering lots of areas including evington, scraptoft, thurnby, highfields and beyond for delivery.

We are advised the business occupies a garage and a back garden at the rear of the building with electricity supply to the garage which helps with storage. Behind the kitchen there is also a wash room with 2 sinks and a downstairs WC. 

Tenure
This opportunity is being sold on a Leasehold basis with a new lease being signed on completion of the purchase with the current letting agent.

The current rent is £12,480 per annum (£1,040 per calendar month

Staff
This business is run and managed by our client with the help of 3 full-time staff members and 1-2 part time staff members.. 

Financial Profile
This business generating a turnover of ~£350,000 (£6500-£7000 per week). Full financials can be made available upon further request.