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Catering business for sale in prime Essex location with 50 cover seating and quality equipment

Undisclosed, Essex
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Thriving Catering  Business with 50 Cover Seating in Prime Essex High Street Area Location Photo 1
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Thriving Catering  Business with 50 Cover Seating in Prime Essex High Street Area LocationThriving Catering  Business with 50 Cover Seating in Prime Essex High Street Area LocationThriving Catering  Business with 50 Cover Seating in Prime Essex High Street Area LocationThriving Catering  Business with 50 Cover Seating in Prime Essex High Street Area LocationThriving Catering  Business with 50 Cover Seating in Prime Essex High Street Area Location
  • Leasehold: £35,000
  • Rent: £22,000 (£1,833 per month)
  • Turnover: £182,000 (£3,500 per week)
  • Profit: On request

Key Features

  • Potential for Alternative Use
  • Established Business
  • Prime Location

Business Details

Thriving Catering Business with 50 Cover Seating in Prime Essex High Street Area Location

Thriving Catering Takeaway with 50-Cover Seating – Prime Essex Town Centre Location

A fantastic opportunity to acquire a well-established catering takeaway business with 50 internal covers, situated in a prominent position on a busy Essex Town Centre. With an impressive weekly turnover of approximately £3,500, this business operates on limited hours, presenting significant untapped potential to increase profits through daytime trading.

Currently run on an evening-focused schedule, the business is perfect for an enthusiastic owner-operator or family-run venture seeking to expand the offering and maximise the high footfall location. The site enjoys al fresco dining opportunity areas, ideal for summer trade and creating a vibrant street presence.

All high-quality equipment is included in the sale, allowing for a smooth handover and immediate trading. The layout also includes first-floor customer toilets and space to install a cold store if desired – offering even more scope for development.

Rent: £22,000 per annum, with a break clause in year six and a three yearly rent-review pattern. The lease has an unexpired term of 12 years.

Turnover: Working limited evening only hours our client is currently producing a regular income of £3500 per week, it is anticipated that with the introduction of daytime trading that income could be upwards of £5000 a week.

Price: Our client will consider genuine offers in the region of £35,000 for their leasehold interest to include, fixtures, fittings and all equipment.


 

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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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