American Fast Food Restaurant Franchise Tinseltown in Central London for Sale
City of London, London
- Status
FOR SALE
- Advert ID
644503
- Leasehold: £155,000
- Rent: £6,000 (£500 per month)
- Turnover: £260,000 (£5,000 per week)
- Profit: On request
Key Features
- Established trading history
- Evidence of financial stability required
- Positive customer ratings
- Excellent reputation and reviews
Business Details
American Fast Food Restaurant franchise of Tinseltown
Tinseltown, the renowned American fast food franchise, is prominently situated in the heart of central London. Known for its delicious burgers, wings, shakes, and waffles, this established takeaway and delivery service offers a vibrant dining experience that has captivated its customers since 1996. With an engaging brand that shines brightly among the competition, Tinseltown is designed to attract a diverse clientele eager for quality food at competitive prices.
The restaurant benefits from its prime location, which boasts high foot traffic and excellent visibility. Online ordering through platforms like Uber Eats further enhances convenience for customers, complemented by enticing promotions, including lunch deals and special offers. A basement space has been leased to another virtual restaurant, covering 75% of the rent, adding to the establishment's financial stability.
The current lease, acquired in 2023, spans 15 years, with an impressive remaining term of 12 years. As of now, the business generates a strong annual turnover of £260,000, supported by a modest annual rent of £6,000. Over the past year, there has been a notable increase in turnover, reflecting the business's growth potential.
Key Features of the Business
This fast food establishment offers several compelling features, including:
- Established trading history and positive customer ratings
- An excellent reputation with a loyal customer base and good hygiene standards
- Accessible transport links, making it easy for customers to visit
- External and internal CCTV for security
- A flexible management structure and sale options
- Aforementioned forecourt seating area and a full sandwich preparation area
- A beloved local favourite within a robust demographic and target market
The sale includes fixtures and fittings, ensuring a seamless transition for the new owners, along with the promise of training opportunities to support them in the business's operations. Given the owner's plan to move abroad, this presents a unique chance for aspiring entrepreneurs to take over a thriving and established fast food business in one of London's most sought-after locations.
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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.
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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.
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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.
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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.
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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.
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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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