Kebab and Pizza Takeaway in Bangor, Gwynedd County with room for development available for sale
Bangor, Gwynedd CountyEst. 11 years
- Status
FOR SALE
- Advert ID
659732
- Leasehold: £35,000 (Stock at valuation)
- Rent: £10,000 (£833 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: On request
Key Features
- Fully equipped shop
- Fully fitted operational setup
- Fully fitted takeaway space
- Goodwill and Assets
Business Details
Kebab and Pizza Takeaway
For sale is a busy takeaway shop that has been serving delicious pizza, burgers, and kebabs for 11 years. With a loyal customer base and a steady stream of regular orders, this well-established business offers tremendous growth potential.
The shop operates on popular delivery platforms such as Just Eat and Uber Eats, enhancing its reach and availability to customers. The possibility of increasing sales further adds to its appeal, making it a lucrative opportunity for potential buyers.
Key Financial Information
The business boasts a weekly turnover of between £6,000 and £7,000, presenting clear potential for further growth. The rent is set at an affordable £800 per month, located in a prime area of North Wales. Notably, there are no business rates to pay, providing significant savings each year. The shop also benefits from a secure 10-year lease, ensuring stability and peace of mind for new owners.
Established Clientele and Location Benefits
With over a decade of loyal service, the takeaway has developed a strong customer following. Its location is enhanced by nearby amenities, such as pubs and shops, which draw in additional clientele. All fixtures and fittings are included in the sale, ensuring that the new owners can hit the ground running without the need for substantial further investment.
Operational Capability and Support
The takeaway is fully equipped with a complete operational setup and a professionally fitted takeaway space. Goodwill and business reputation are included in the sale, ensuring a smooth transition for new owners. With a healthy turnover and profits, along with high customer retention rates, this business is not only appealing but also positioned for continued success.
Future Prospects and Selling Reason
As the current owner, who has invested 11 years into this venture, plans to move to a different city, this offers a unique opportunity for someone who is keen to continue and build upon the existing success. Currently, the business employs three staff members and has a vibrant online presence to attract even more customers.
Moreover, the new owners can expect a supportive transition, as training opportunities will be offered to help them acclimatise to the business operations and maintain its cherished reputation.
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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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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.
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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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