Indian and Bangladeshi Takeaway for Sale in Highams Park London
Highams Park, LondonEst. 35 years
- Status
FOR SALE
- Advert ID
657367
- Leasehold: £70,000
- Rent: £12,500 (£1,042 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: On request
Key Features
- A3 planning consent
- Well-maintained premises and fixtures
- Established customer base potential
- Appointment-only viewings available
Business Details
Established Indian & Bangladeshi Takeaway for Sale in Highams Park, London
An excellent opportunity to acquire a well-established and fully operational Indian and Bangladeshi takeaway in Highams Park, London.
The business has successfully traded from the same location for 27 years, building a loyal customer base and an excellent local reputation. It currently achieves average weekly sales of over £6,000, supported by till and online ordering reports.
The takeaway occupies a prime location only one minute from Highams Park station, approximately 15 minutes from Stratford and 10 minutes from Ilford. The annual rent is £12,500, with a 10-year open lease and renewal available.
The premises include a fully equipped commercial kitchen, walk-in cold room, new boiler, rear garden and additional storage space. All operational fixtures and fittings are included, subject to an agreed inventory. There is no accommodation.
The business trades six days a week from 5:00 pm to 10:30 pm. It has established accounts with Just Eat, Deliveroo and Uber Eats, as well as its own ordering website, mobile app, Google profile and social media presence.
The business currently employs four full-time staff, with part-time staff used when required. It would be particularly suitable for an experienced owner-operator who can be actively involved in the day-to-day running and develop its full potential.
The business is being sold because the owner is focusing on other takeaway businesses. A reasonable handover and training period can be provided by agreement.
Financial information, staffing costs, wages and overheads will be discussed with genuine buyers. Supporting sales records are available following a viewing and satisfactory proof of funds.
Asking price: £70,000. Viewing is strictly by appointment only.
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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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