Buy a Well Equipped Indian Hot Food Takeaway & Delivery business for sale in Essex on BusinessesForSale.com

  • Listing ID: 870005
  • (Seller ref: R9952)

Well Equipped Indian Hot Food Takeaway & Delivery For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£35,000
Turnover:
£93,600
Net profit:
Available on request
Employees:
The business is at present operated by the vedor on a part time basis with the assistance of his son on a full time basis plus 4 full time and 2 part time staff.

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No parking restrictions

SINGLE FRONTED INDIAN HOT FOOD TAKEAWAY with tiled floor, counter.

Kitchen at rear with non-slip floor. The equipment includes Tandoori oven, 9-burner gas cooker, stainless steel extractor system, stainless steel tables, 1 microwave oven, chest deep freeze, 1 upright deep freeze. 2 fridges, double sink and drainer, wash hand basin etc.

Staff cloakroom with w.c. and wash hand basin


Property:
Leasehold
Lease terms:
We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of £10,400 p.a. exclusive of rates, fixed for the remainder of the term.

We further understand the landlord will consider a surrender of the existing lease and the granting of a new 15 years lease at approximately £10,400 p.a. exclusive of rates for the fist 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION
Location:
Situated in a parade, residential and commercial area, ESSEX

Expansion potential:
WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. takeaway & delivery, in our opinion offering further potential to increase in the right hands. Gross profit 65% approx.
Reasons for selling:
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Trading hours:
Evenings only - 5 p.m. - 11 p.m. seven days per week
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.


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