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Leasehold Chinese/Asian street restaurant and takeaway for sale in Croydon, London.

Croydon, LondonEst. 6 years
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
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LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITYLEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITY
  • Leasehold: £275,000
  • Turnover: £1,040,000 (£20,000 per week)
  • Profit: Not Applicable

Business Details

LEASEHOLD CHINESE ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS TREMENDOUS FRANCHISE OPPORTUNITY

ADVERT TEXT
LEASEHOLD CHINESE/ASIAN STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
TREMENDOUS FRANCHISE OPPORTUNITY

LOCATION
Situated along a bustling main road in the heart of vibrant Croydon, this property benefits from high visibility and accessibility. The surrounding area is rich with a diverse array of shops and offices, providing a dynamic atmosphere. Additionally, its proximity to the rail station enhances convenience for both customers and employees. Notable nearby landmarks include hotels and Croydon College, further contributing to a thriving environment that attracts foot traffic and potential clientele.

BUSINESS
Established in 2020, this fully systemized Chinese/Asian Street food brand delivers an exceptional dining experience characterized by vibrant flavors and an engaging open kitchen. The flagship location on Mile End Road E1 has demonstrated remarkable success since its launch, closely followed by the Croydon branch, which has also achieved impressive turnover figures within a short timeframe. Both locations feature a sophisticated fit-out, creating a stylish and inviting atmosphere that enhances the overall patron experience.

This flourishing brand is distinguished by its exclusive proprietary recipes and well-structured operational systems, allowing for efficient management without requiring constant owner oversight. With a substantial foundation of brand promotion already in place, this business presents a unique opportunity for growth and expansion.

The operation is highly scalable and available for acquisition as single units or as a pair, making it an attractive investment for individuals aiming to enter the food and beverage sector with a reputable, established brand.

TURNOVER
We are advised that the business takes £16,000 - £20,000 pwk @ 60% GP.

STAFF
Fully staff operated with vendor oversight until it reaches its full potential of £25,000 pwk.

HOURS
11.00pm - 11.00pm Mon to Sun

PREMISES
Impressive double-fronted premises featuring a glass frontage that floods the spacious restaurant area with natural light. The inviting dining space accommodates seating for 26-30 patrons, creating a warm and welcoming atmosphere.

Towards the rear, a stylish servery enhances efficiency with illuminated menu displays and a state-of-the-art EPOS system, streamlining operations for optimal service. A striking open kitchen, separated by a glass wall, showcases a high-end fresh cooking operation, providing diners with a dynamic visual experience and a glimpse into the culinary artistry at work.

Customer restrooms are conveniently located at the rear, ensuring accessibility for all patrons. Stairs lead down to a lower ground floor seating area that comfortably hosts over 50 covers with custom seating arrangements, perfect for private dining or larger gatherings. This versatile space also includes access to essential storage rooms and a dedicated staff area, optimizing workflow and enhancing functionality throughout the premises.

OBSERVATIONS
Please Note: The Mile End Branch is also on the market. Turnover is £24,000 pwk. Rent £44,000 per annum. Price £400,000. Our Take Away (Other) Reference:C1255.

TENURE
20 year lease from 2026. Rent £60,000 VAT pa.

EPC RATING
Band C

BUSINESS RATES
TBA

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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.

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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.

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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.

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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.'.

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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.

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