Chinese Restaurant Takeaway for Sale in City of London with 22 Years Lease

Asia Restaurant/ Takeaway for Sale of 22 years lease

 Location: City of London, EC3R 8DR

There are many undergrounds and train station in walk distance: Bank station of Central Line walks in 11 min, Monument station of District Line walks in 2 min, Liverpool Street Station walks 10 min, and Train Stations of Cannon Street, Fenchurch Street, London Bridge are also can walk to arrive.

Excellent location in most central London, just in central of City of London, with global financial companies around, there are over 100,000 white collar staff working in one square mile of fanatical city.

Those customers are rich; every year their average income is over 100,000 pounds per person. they have high needs for global food, such as Korea, Thai, Chinese, Japanese Food. If you do well, they will keep returning to you.

There is also many rich Asia students live around city of London, they like their hometown meal.

Property:

Ground floor area is 14 square meters, including the front meal box food warmer display desk, and chairs desks set for 7 customers. We also have a goods delivery elevator/lift.

The kitchen is in the basement, with a ventilation iron door, an area of ​​70 square meters. We also have massage /rest rooms, shower room, toilet in basement, and loft storage.

Competition around

Competition is strong, but because there are over 100,000 people need have lunch, but restaurant amount is limited, so as long as you have good food, you do not need worry about have no customers.

 Operation

Small restaurant and takeaway sit in Centre of City of London, (financial city), postcode: EC3R 8DR

Newly opened 2.5 years, still have 22 years lease to transfer.

Currently operating normally, from 10:30am to 10:30pm, with a weekly turnover of about 5,000 pounds.

All kitchen equipment were newly bought in 2022, such as new water-running Chinese stove, (front 3 heads, rear 2 heads) at £8000, new extractor hood at £10000, new baking oven, new iron roast plate, 3 new freezers & 1 old freezer, 3 fridges,

We have our own website, plus:

3 takeaway platforms: Deliveroo, Hungry Panda, Uber Eats,

3 company ordering platforms for group orders etc

Asking price:

After two years operation, we have over 3,000 customers locally, and the business is still growing every month.

Our total fixed asset investment is around £100,000, two years running fees such as staff salary etc have spent over £150,000, total I spent £250,00

But we only ask transfer fee at £120,000, ( 20,000 is my salary to make business from zero to 5000 pounds per week)

If you need more information, please reply this email

Best wishes

Jane ( Jingwen Wang)