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Established Takeaway - Bolton For Sale

Bolton, Greater Manchester, UK
Asking Price:
£35,000 Furniture / Fixtures included
Turnover:
£83,519
Net Profit:
Available on request

Prominent Busy Main Road Location
Accounts Available Year End 31st October 2021
Annual Turnover £83,519
Gross Profit £58,628
Rental Income From First Floor Flat
Further Financial Info Available After Viewing
Established 2015
Fully Equipped
Popular Delivery Service
Scope For Marketing Drive
Potential To Expand Menu
Could Accommodate Any Cuisine
EPC - TBC

REF 7781 – Leasehold Takeaway

Blacks Brokers are pleased to bring to the market this leasehold takeaway located in Bolton, Greater Manchester.

INTRODUCTION

New Curry Korner was established by our client in this busy area of Bolton in 2015. The business offers a range of dishes including European, biryani, tandoori and much more. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and good reviews are noted online. New Curry Korner has a comprehensive website in place and a strong social media following.

LOCATION

New Curry Korner occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Morrisons. There are also a number of amenities nearby including parks, schools and restaurants. The area is well linked by the A58 with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business operates with four members of part time staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

New Curry Korner has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st October 2021 show that the business has an annual turnover of £83,519 and a gross profit of £58,628. The first floor flat generates an additional £5,400 per annum. Full financial information is available upon request.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This well established business occupies an enviable trading position in a busy area of Bolton close to a large residential area. Our client has secured a strong customer base and good reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours, outside catering and a strong marketing drive. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - SUN: 17:00 - 23:00

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