Chinese takeaway business for sale in Great Yarmouth, serving the community since 1989.
Great Yarmouth, NorfolkEst. 37 years
- Status
FOR SALE
- Advert ID
658899
- Leasehold: £120,000 (Stock at valuation)
- Rent: £7,250 (£604 per month)
- Turnover: £208,000 (£4,000 per week)
- Profit: Not Applicable
Key Features
- Central village location
Business Details
Chinese takeaway business for sale Great Yarmouth Central Village Location
A well-established Chinese takeaway business in Bradwell, Great Yarmouth, Norfolk, is now on the market as the owners prepare for retirement. This thriving family-run operation has been serving the community since 1989 and boasts a solid reputation, loyal customer base, and a commendable hygiene rating of 4. The property features a spacious kitchen equipped with all the necessary cooking tools and storage facilities, ensuring a seamless operation. Additionally, there is ample parking available for both staff and customers, making accessibility one of its many advantages.
Situated in a bustling area, this takeaway benefits from high foot traffic and excellent visibility, drawing in a steady stream of customers. The inviting front counter and comfortable dining area offer a pleasant atmosphere for patrons, while the easy access to nearby amenities such as a newsagent with a post office and bus stops enhances its appeal. Notably, competition in the vicinity is minimal, allowing for an uninterrupted flow of business.
In addition to its numerous strengths, the business has experienced an increase in turnover over the past year, demonstrating its ongoing viability and growth potential. The current owners, who have managed the business for the past nine years, are ready to pass the reins due to health concerns and retirement plans. With a dedicated team of six employees, the new owner will have a solid foundation to build upon.
Future Opportunities
Prospective buyers can further diversify the business, as the premises can easily be adapted to offer different cuisines, such as kebabs, fried chicken, or pizza, or even be transformed into a convenience store. Moreover, the seller is willing to provide training to ensure a smooth transition, allowing new owners to hit the ground running.
Overall, this is an exceptional opportunity for anyone looking to step into a profitable, established business in a thriving location. With a strong community presence and room for expansion, this Chinese takeaway is primed for new ownership.
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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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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.
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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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