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Highly Profitable Long Established Chinese Takeaway For Sale

Westcliff on Sea, Essex, UK
Asking Price:
£85,000
Turnover:
£624,000
Net Profit:
Undisclosed

A rare opportunity to acquire a very long-established and highly profitable Chinese takeaway located in Westcliff on Sea, Essex. The business has been owned and successfully operated by the same vendor for over 20 years and is now offered for sale due to genuine retirement.

The takeaway benefits from an exceptionally strong and well-established turnover, supported by highly profitable accounts. The most recent year-end accounts (March 31, 2022) confirm a reconstituted net profit in excess of £85,000, making this an outstanding opportunity for an experienced operator or investor seeking a proven and lucrative business.

The business is sold as a fully equipped, turnkey operation, with all fixtures, fittings, and equipment included in the sale price. This includes a large walk-in freezer and a well-appointed commercial kitchen fitted with quality equipment throughout. Low overheads further enhance profitability, with the premises benefiting from zero business rates payable subject to small business rate relief.

The premises are located in a strong local trading position, benefiting from good passing trade and free lay-by parking directly to the front. The surrounding parade includes complementary businesses such as a Spar convenience store, pharmacy, and beauty salon, all of which contribute to consistent customer flow.

Currently trading six days per week and closed on Tuesdays, the business operates lunchtime and evening service, leaving potential to further optimise trading patterns if desired. Full financial information will be made available following a viewing, subject to the vendor’s approval.

This is an exceptional opportunity to acquire a long-established takeaway with outstanding profitability, strong local demand, and a genuine reason for sale. Early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Approximately 7 years remaining at £12,300 per annum exclusive

Premises Details:

Terraced retail unit measuring approximately 645 sq ft, comprising a customer takeaway area with seating and serve-over counter, fully equipped commercial kitchen, separate prep room, lean-to store with WC, large walk-in freezer, and rear access to a service road with bin storage.

Rateable value £5,700 with zero business rates payable subject to small business rate relief

Size in square feet:
Approximately 645 sq ft

Business Operation

Expansion Potential:

Potential to further enhance turnover through menu development, online delivery platforms, and marketing, subject to the new owner’s strategy.

Competition / Market:

The business benefits from its long-standing presence, loyal customer base, and strong trading position within a busy local parade.

Reasons for selling:

Retirement

Trading hours:

Six days per week (closed Tuesday)
12:00pm – 2:00pm and 5:00pm – 10:00pm

Employees:
Full complement of staff
Years established:
20+