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Established Takeaway With Accommodation - Wigan For Sale

Wigan, Greater Manchester, UK
Asking Price:
£92,000 Furniture / Fixtures included
Turnover:
£107,894
Net Profit:
Available on request

Main Road Trading Position
Accounts Available Year End 5th April 2020
Annual Turnover (Year End 05 April 2020) £107,894
Annual Gross Profit (Year End 05 April 2020) £64,077
Accounts Available After Viewing
New Lease Available
Two Bedroom Accommodation
High Footfall Area
Established 2009
Delivery Service In Place
Fully Equipped
Well Presented
CCTV In Place
Excellent Online Reviews
Could Suit Any Cuisine
Scope To Expand Menu
EPC - D

REF 7528 – Leasehold Takeaway With Accommodation

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

INTRODUCTION

Don Mario was established by our client in this bus residential area of Wigan in 2009. The business offers a range of freshly prepared foods including kebabs, pizzas, chicken and burgers as well as desserts and drinks. 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 superb reviews are noted on Google and Just Eat. The business is the hero legend on Just Eat For Wigan. Don Mario has an app with ordering system.

LOCATION

Don Mario occupies a main road trading position within a small parade of shops. The area is densely populated residentially but is also close to large multiples including Tesco Express and The Holiday Inn Express. There are also a number of other local amenities nearby including a convenience store, schools and a hair salon. The area is well linked by the M6 with very strong public transport links and parking is available in the immediate 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.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a fourteen year lease which began in 2010 at a cost of £219 per week. We are advised that a new lease is available if preferred.

STAFF

The business operates with seven members of staff supporting our client working in a full time hands on role.

FINANCIAL DETAILS

Don Mario has traded solidly since opening and our client has established a strong repeat customer base. Accounts Available Year End 5th April 2020, Annual Turnover (Year End 05 April 2020) £107,894,
Annual Gross Profit (Year End 05 April 2020) £64,077. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This long established business occupies an enviable trading position in a popular and busy area of Wigan. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new menu items and longer opening hours, possibly to include lunches. A new owner may also chose to develop a new website and social media presence 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 - THU: 16:00 - 00:00
FRI & SAT: 16:00 - 01:00
SUN: 16:00 - 00:30

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