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National Fast Food Franchise With Great Brand Recognition
Annual Turnover £250,000
Gross Profit £162,500
Monthly Support From Chicken Cottage Franchise
Outstanding Location With All Local Amenities Nearby
Located In Great Trade Area Close To Heaton Park
EPC - C
REF 5533 –Franchised Takeway
Blacks Brokers are proud to bring to the market this leasehold Franchised Takeway located in the much sought after area of Salford, Greater Manchester.
The Chicken Cottage Franchise is a UK based fast food chain founded in 1994. Our client took on this branch in Salford just short of two years ago, in this time the business has generated a solid relationship with the local community.
Salford is a town lying at the heart of the City of Salford, a metropolitan borough of Greater Manchester. It is well linked with the M602, A6, A34 and the A56. The business is close to Heaton Park and is only 3 miles away from the Etihad Stadium.
REASON FOR SALE
The business is only being offered for sale due to our client relocating, creating this superb opportunity to obtain an established business on this busy and thriving main road location.
The business is held on a Full Repair and Insure (FRI) lease. The lease is 15 years in length with the current lease having 13 years remaining at a cost of £14,600 per annum with rent reviews every 3 years.
BUILDING LAYOUT AND DESIGN
The business is positioned in a busy and well populated area on the outskirts of Manchester and is positioned directly opposite Cheatham Hill shopping centre. The business is double fronted with large colourful and backlit corporate signage on display. Inside the business there are 16 seats in the customer area, which are a combination of bench seating and free standing chairs, set around fixed tables. Behind the full width servery is a corporate backlit menu. The business boasts a 5* food hygiene rating with a strong online presence on just eat and hungry house.
The business currently employs 4 members of staff 2 full time and 2 part time with the vendor also being there full time.
Financial details are available upon a viewing of the businesses. This branch of Chicken Cottage currently makes an annual turnover of approximately £250,000 with a gross profit of £162,000 with sales rising every year. This is a strong investment for any new owner. The franchise fees are £300 per calendar month.
This leasehold business offers a solid and consistent business opportunity with additional franchise support which delivers impressive weekly takings. 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.
MON - SUN: 11:30 - 03:30
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