Chinese Takeaway for Sale in Grimsby, Lincolnshire
Grimsby, Lincolnshire
- Status
FOR SALE
- Advert ID
647364
- Rent: £13,000 (£1,083 per month)
- Turnover: £78,000 (£1,500 per week)
- Profit: £10,000 (13% Profit margin)
Business Details
Chinese take away for sale in grimbsy
Discover an exciting opportunity to own a well-established Chinese takeaway in Grimsby, Lincolnshire. This profitable business has been running for 20 years and has built a strong reputation within the community. Situated in a prime location, the takeaway benefits from high foot traffic, being conveniently positioned next to a Morrison's supermarket and directly opposite a primary school. Such a strategic location attracts a steady flow of customers, enhancing the business's potential for growth.
The leasehold for this thriving takeaway is priced at £25,000, with a current annual turnover of £78,000. The annual rent for the premises stands at £13,000, allowing for a healthy profit margin of approximately £10,000. Moreover, this offer is inclusive of all stock, providing a seamless transition for the new owner. This is truly an exceptional chance to step into a successful venture in a bustling area.
Key Details
With a well-established history of two decades, this Chinese takeaway enjoys a loyal customer base and a solid reputation in the local market. The combination of a prime location and a longstanding presence offers a new owner a remarkable opportunity to continue building on the existing success. If you are looking to invest in a thriving business with stability and growth potential, this Chinese takeaway in Grimsby is an opportunity not to be missed.
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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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