- Listing ID: 899847
- (Seller ref: R1091)
Fully Equipped Indian Fast Food Restaurant For Sale
- Location:
-
- UK
- > England
- > South East
- > Essex
- > Essex
- Category:
- Type:
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Summary
- Asking price:
- £110,000
- Turnover:
- £338,000
- Net profit:
- Available on request
- Employees:
- The business is at present mainly staff operated. Staff employed 2 full time and between 4 & 6 part time per week. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Business description
This Indian Fast Food Restaurant is part of the Food Court which has seating for up to 300 persons. The staffing of the seating area is undertaken by the Shopping Centre and included in the service charge.
The premises are fully equipped including counter, 1 computerised till, hot display unit, 1 double door glass fronted display fridge, 1 single door glass fronted display fridge.
Kitchen area at rear with tiled floor, stainless steel extractor unit, stainless steel cladding to walls, electric 4-burner cooker, stainless steel tables, 1 upright double door stainless steel fridge, 1 upright double door stainless steel deep freeze, fridge etc.
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £55,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
In addition, we understand there is a service charge of approx. £8,000 p.a.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated as part of the extensive Food Court, ESSEX
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Friday inclusive - 10 a.m. - 10 p.m.
Saturday opening - 9 a.m. - 9 p.m.
Sunday opening - 11 a.m. - 5 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- > England
- > South East
- > Essex
- > Essex
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