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Highly Rated Franchise Chinese Takeaway Opportunity In Oldbury For Sale

Oldbury, West Midlands, UK
Asking Price:
£39,995
Turnover:
Available on request
Net Profit:
Available on request

CoGoGo are delighted to welcome to the market Chop & Wok (Quinton), a highly rated contemporary chinese takeaway.

Chop & Wok (Quinton) was first established in 2019, before our client took over in 2021. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.

Chop & Wok (Quinton) is a pan-Asian wok-based takeaway and restaurant set in a modern and conceptual environment, with an Asian fusion menu.

The business has now come to the open market as our client is looking to pursue other business interests.

Business activities -

Exciting franchise opportunity
A modern pan-Asian wok-based takeaway & restaurant concept
Bright, youthful brand design
Offer an Asian fusion menu, cooked in a live ‘food theatre’
Menu includes lunchtime food on the go to evening dinners for friends and families
Menu encompasses Chinese, Thai, Malay, Japanese & Indian flavours
100% Halal
Split into 2 sections – the ‘Chop’ menu and the ‘Wok’ menu
Sales – split between walk in customers and own website delivery orders to further orders taken by the delivery partners – Just Eat, Deliveroo & Uber
Menu includes meal combo offers as well as ‘Build your own wok’ option

Key selling points -

Very contemporary Chinese street food concept
Instagram page – 4,450 followers
Own website – with online ordering
Priced for quick sale!
Original investment to open the store = £130,000
Business handover offered
Expanding franchise network
Very busy location
Instant opportunity to grow sales

Scope to improve -

Extend the current opening hours to include lunchtime
Promote larger orders/office meetings/celebrations
Increase delivery area
Promote more walk in customers

A full breakdown on all the equipment included in the sale can be made available.

Financial Profile

We are advised as per the 2023 accounts, the business generated a turnover in the region of £260,000. Further financials can be made available upon request.

Property Information

Property:

Leasehold

Location:

Chop & Wok (Quinton) is located on the popular Hagley Road West, in Oldbury, West Midlands.

The business has eye catching signage and receives high levels of footfall and passing trade and benefits from being surrounded by housing.

Premises Details:

Occupies a single fronted premises.

Ground floor -

Customer waiting area and informal seating area
Service counter
Commercial kitchen
Dishwashing area
Storeroom/ walk in cold room
Staff area & toilets

Business Operation

Trading hours:

The current trading hours are -

Monday to Sunday - 5:00pm - 10:45pm

Employees:
We are advised that the business has 4 members of staff.