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Chinese takeaway for sale in Crouch End London near schools and pubs with high foot traffic

Crouch End, London
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  • Status

    FOR SALE

  • Advert ID

    650074

  • Leasehold: Price on Application
  • Rent: £23,000 (£1,917 per month)
  • Turnover: £702,000 (£13,500 per week)
  • Profit: On request

Key Features

  • Ample storage space available
  • Accessible location for customers
  • Low annual rent cost
  • Ample living accommodation

Business Details

Chinese takeway

Our shop is ideally situated on a bustling high street, close to a primary school and popular local establishments such as Pizzagogo and Pizza Hut. This prime location attracts a diverse clientele who appreciate the flavours of Chinese cuisine, making it a hotspot for food lovers in the area. However, due to my commitments with a larger restaurant, I am unable to devote the necessary time and attention to both businesses. Therefore, I am looking for someone who would be interested in taking over this established operation. If you are interested, please reach out for more details.

This business boasts numerous appealing features that enhance its viability and potential for growth. The fully equipped kitchen includes a wood-fired pizza oven, ideal for crafting delicious dishes. The interior is modern and inviting, providing a welcoming atmosphere for customers to enjoy their meals. Additionally, the setup is delivery-friendly, with dedicated parking for motorbikes catering to ride-sharing services, making it convenient for both customers and delivery partners.

Business Overview and Performance

This establishment has been running successfully for one year, during which time it has demonstrated a steady growth in turnover. With a diverse menu that includes authentic Chinese, Thai, and dim sum cuisine, the brand is well-known within the community. The dining area is elegantly designed and accommodates multiple seating arrangements, ensuring comfort for diners. The shop benefits from low annual rent costs and ample storage space, contributing to its financial stability.

Market Position and Potential

Located near amenities such as McCafferty's Bar, Crunch End, Zam Chicken, and an off-licence shop, the business attracts significant foot traffic. While there is competition from well-known establishments like Papa John’s, Domino’s, and other pizza and kebab shops, the unique offerings and established brand recognition provide a solid foundation for future growth. Additionally, catering services are available, which further expands its reach and revenue potential.

Operational Support and Transition

The business currently employs a dedicated team consisting of four Chinese chefs, one manager, one pizza maker, and six delivery drivers. An online presence is established, making it easier for customers to place orders. As the current owner, I am willing to offer training for new owners to ensure a smooth transition and continued success. The comprehensive training programmes and extensive financial records will equip the new owner with a clear understanding of the business's operations and performance.

Key Features

  • Ample storage space available
  • Accessible location for customers
  • Low annual rent cost
  • Comfortable seating arrangements and modern decor
  • Attractive financial performance metrics
  • Cashless payment options available
  • Community engagement fostering loyal customers
  • Diverse menu options catering to varied tastes
  • Detailed financial performance insights available

With a comprehensive stock inclusion and a detached commercial property, this is a unique opportunity for someone interested in the food industry. The potential for growth and the support provided during the transition make this business a promising venture for any aspiring restaurateur.

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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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