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Fast food takeaway with 1 bed flat for sale in Southend on Sea Essex

Southend on Sea, Essex
Fast food Takeaway with 1 bed flat upstairs Photo 1
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Fast food Takeaway with 1 bed flat upstairs
  • Status

    FOR SALE

  • Advert ID

    649797

  • Leasehold: Price on Application
  • Rent: £15,600 (£1,300 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Access to food delivery platforms
  • Accessible location
  • Accessible street-level entrance
  • Active online presence

Business Details

Fast food Takeaway with 1 bed flat upstairs

Located in a vibrant seaside town, this fast food takeaway presents an exceptional opportunity for prospective business owners. The establishment has been thriving for over two years and operates from a well-maintained shop, complete with a one-bedroom flat located upstairs. The monthly rent for both the flat and the shop is £1,300, making it an enticing offering for anyone looking to invest in the food industry.

The business benefits from its strategic position, surrounded by various amenities such as shops, restaurants, and places of worship, which help to attract a steady stream of customers. The competition in the area is limited, providing a unique advantage for the current owners, who have noted a significant increase in turnover over the past year. With two employees currently on the team, the business is managed efficiently, and the current owner is committed to ensuring a smooth transition by offering training opportunities to new owners.

Key Features and Advantages

This takeaway is not only conveniently located at street level but also possesses an accessible entrance, ensuring ease of access for customers. The business boasts an active online presence and is partnered with various food delivery platforms, giving it an edge in today’s competitive market. In addition, there is potential for rental income from the residential flat above the shop, enhancing the overall revenue prospects.

The premises include a well-equipped commercial kitchen and sufficient seating capacity for patrons. Furthermore, there is additional storage space available for supplies, which adds to the business's operational efficiency. The attractive interior design enhances the customer experience and helps to create a welcoming atmosphere.

Opportunities for Growth

This takeaway stands out due to its established goodwill value and the potential to expand through delivery partnerships and other growth opportunities. With the existing stock included in the sale, along with a leasehold arrangement, new owners can step in and start operating immediately, benefiting from the continuity of business operations. Notably, the business also qualifies for a business rates exemption, which can further improve profitability.

This fast food takeaway is an ideal choice for anyone looking to dive into the food industry with promising prospects for growth and stability. The combination of a prime location, established customer base, and supportive community makes this business an attractive investment.

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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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