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Italian Takeaway for Sale in Leeds, West Yorkshire

Leeds, West Yorkshire
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Italian Takeway for sale in leeds Photo 1
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Italian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leedsItalian Takeway for sale in leeds
  • Status

    FOR SALE

  • Advert ID

    636606

  • Asking Price: £80,000
  • Turnover: £312,000 (£6,000 per week)
  • Profit: £78,000 (25% Profit margin)

Key Features

  • Accounts Available
  • Offers Invited
  • Prime Location
  • Small Business

Business Details

Italian Takeway for sale in leeds

Italian Takeaway for Sale in Leeds

An established Italian takeaway business is available for sale in Leeds, West Yorkshire. This opportunity features a prime location with a large store area situated on a busy street. The address is convenient, and the phone number is easy to remember, enhancing customer accessibility.

The takeaway boasts a fully equipped kitchen, complete with a Lincoln Impinger oven and Hobart appliances to facilitate efficient food preparation. The modern kitchen layout is clean and organized, ensuring that cooking stations are well-structured to streamline operations and enhance service delivery.

Business Overview

With 25 years of establishment, this business has been owned by the current owner for 15 years. The area is bustling, with nearby amenities such as shops and restaurants that attract a steady flow of customers. Notably, there is no direct competition from other Italian takeaways in the vicinity, making this a unique market opportunity.

The business includes all necessary fixtures and fittings as part of the sale. There has been a noticeable increase in turnover over the past year, indicating growth potential. Current figures show a turnover of £312,000 with a profit margin of £78,000.

 

Reasons for Sale and Future Prospects

The owner is selling the business due to retirement plans. There are currently four employees, all contributing to the smooth operation of the takeaway. The business also maintains an online presence, expanding its reach in the digital market.

Asking price for the business is £80,000. The current owner is willing to provide training opportunities for the new owners to ensure a seamless transition and continued success of the takeaway.

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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.

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.

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