Mailbox Estates are delighted to welcome a great opportunity to acquire a Pan-Asian Wok based noodle bar takeaway franchise.
The Birmingham branch is one of many within the West Midlands and the store offers a wide range of cuisines such as Malaysian, Indian, Pan-Asian, Thai and Japanese which is nicely presented and served in a striking electric coloured box.
The shop is in perfect working order and is currently operating strong weekly sales via online orders through vendors like Just Eat, Uber Eats and Deliveroo. The store is located on a very busy road, with schools, a community centre and other well know branded businesses all located within its vicinity.
There are no start up fees for the new franchisee, this will be paid by the vendor as a gesture of goodwill. Royalties of £300.00 per week.
REASON FOR SALE:
•Our client is reluctantly selling this business due to other commitments that require their full attention
THE OPPURTUNITY:
•Established Franchise since 2009
•Low Rent and no Business Rates
•5* Food Hygiene Rating
•Halal Registered
•Prime Location with loyal customer base and repeat trade
TURNOVER:
•We have been advised that the current weekly turnover is on average £6,500
•The business currently uses Just Eat, Uber Eats and Deliveroo
RENT:
•The rent per annum is £9,600
LOCATION:
•High street location with neighbouring businesses such as a select and save supermarket, a hair salon and other well known high street names
•The store is well presented and maintained, with clear visible signage
EXTERNAL:
•Private garden to the rear for staff or owner parking
•Free ample off road parking available directly outside
SHOP FLOOR PLAN:
•Ground Floor - Shop sales area of approximately 71 SQ M (764 SQ FT)
•Kitchen •Preparation Room •Staff WC •Storage Room
TENURE:
•The site is offered by way of the transfer with a new 7 year lease
TRADING HOURS:
•Mondays-Sundays 17:00-22:45
•The store is licenced to open earlier if required
•The store currently trades with limited opening hours which presents an opportunity for a new owner to increase turnover and profitability through extended opening hours
FIXTURES AND FITTINGS:
•The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price
BUSINESS RATES:
•There are no business rates payable
•Purchasers should enquire with relevant local authorities to confirm the rates payable
STAFF:
•The takeaway is run under management of 4 part time staff and 2 drivers
LEGAL COST:
•Each party to be responsible for their own legal costs in connection with the sale
•Landlord's legal fees are the buyers responsibility
**Please note as this is a confidential sale, the true location of this shop has not been disclosed. Please contact us directly should you wish to know the exact store location
DEPOSITS:
•Successful applicants will be required to pay a non-refundable deposit
Viewing is highly recommended, strictly via AGENT ONLY
