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Fast food takeaway in East London near Queen Mary University available for sale

City of London, London
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  • Status

    FOR SALE

  • Advert ID

    654156

  • Leasehold: £110,000 (Stock at valuation)
  • Rent: £25,000 (£2,083 per month)
  • Turnover: £410,000 (£7,885 per week)
  • Profit: On request

Key Features

  • Strong market demand
  • Growing market trends
  • Growth potential in low competition area
  • Growth potential with added services

Business Details

Fast Food for sale East London

This highly profitable fast-food takeaway is a fantastic opportunity for either an ambitious owner-operator or an expanding franchise group seeking to capture local market share instantly. Situated in a bustling area with heavy foot traffic, the business boasts a modern commercial kitchen and has demonstrated strong, consistent revenue over its three years of operation. Its prime location is just a stone's throw away from Queen Mary University and Mile End Station, making it incredibly accessible for both locals and students alike. The shop features a seating capacity for 12, as well as a spacious entrance for takeaway customers.

The business has established a strong brand presence, specialising in burgers and wings, and is recognised for its vibrant décor that enhances the customer experience. The kitchen is well-equipped with modern appliances and an efficient layout designed for high-volume service, ensuring that busy periods are effectively managed. Moreover, the shop includes additional storage spaces and potential for outdoor seating, which could further expand its appeal and customer base.

Key Business Highlights

The takeaway has several notable advantages that make it an attractive investment. There is a strong market demand for fast food in the area, bolstered by growing trends within the industry. The competition is healthy, suggesting a stable environment for further growth, particularly with the introduction of additional services. The food offered is halal-certified, catering to a diverse customer base.

Operational Insights

The business is currently operated with a team of six employees, ensuring a well-staffed environment for efficient service. Although the takeaway has an online presence through a delivery platform, there is ample room for expansion in this area. The current owner is prepared to offer comprehensive training and handover support, providing new owners with the confidence needed to take over smoothly. With healthy daily revenues and high customer visibility, the takeaway stands poised for continued success.

Strategic Location

Its location is ideal for attracting lunchtime crowds, especially given its proximity to schools and universities. The establishment has received a five-star hygiene rating, further underscoring its reputation and commitment to quality. With high volumes of trade and local demand, this is an excellent opportunity for hands-on operators looking to make an impact in the fast-food market. The establishment is available for immediate occupancy, allowing for a seamless operational transition.

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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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