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Highly Rated Takeaway For Sale

West Midlands, West Midlands, UK
Asking Price:
£87,000
Turnover:
£250,000
Net Profit:
Available on request

Business
Please quote reference B06658

Hilton Smythe are pleased to have been given the opportunity to manage the sale of this great takeaway which is well-established with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

This business was founded over 20 years ago, and the current owner has run it successfully and lucratively for the last 3 years. The business has been a real labour of love for him accruing many regular customers and a great reputation.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the vendor's ill health. He is keen to see his beloved food delivery service passed to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

The business prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible. The extensive menu includes;

Pizzas
Kebabs
Burgers
Pasta
Chicken
Side orders
Salads
Drinks
Desserts

The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.

The sale of the business includes -

2x Fridges
4x Freezers
1x Electric oven
1x Till
Fully fitted CCTV
1x Walk in fridge
Table and chairs
1x Tv
1x Pizza oven
1x Grill

Scope to improve -

Advertising and marketing campaign
Maximise the use of social media particularly Twitter and Instagram
Extend the opening hours
Introduce new products to the current food offering
Introduce a loyalty/card scheme

Reasons to buy -

A well-established business with an enviable reputation and many existing customers
Ideal owner managed or partnership business
All fixtures and fittings included making this a real Turnkey business opportunity
Current owner happy to offer a handover to ensure the continued success

Hilton Smythe highly advises early enquiry to avoid disappointment

This great little business is likely to attract considerable interest.

Location
This business is prominently positioned in a main road position in a densely populated residential area which comprises a mix of property types including owner occupied, private rented and local authority.

The business is beautifully presented and maintained with clear visible signage and distinctive livery. There is free on-street parking not far from the business.

Premises
The business is located in a modern double-fronted, ground floor commercial premises with several tables and chairs, main customer service area with kitchen to the rear, and w/c facilities. The business was recently refurbished prior to lockdown and can be found in excellent all-around condition.

All fixtures and fittings along with all the equipment are to be included in the sale.

*** 4 bedroom Flat also included in sale of the business that currently has tenants. With extra income of around £750 PCM

Tenure
We are advised that the business is being sold on a Leasehold basis, with 16 years remaining on the 19 year lease. The rent is £1,666 per month.

Hours
The business hours are -

Monday – 12:00pm – 12:00am
Tuesday – 12:00pm – 12:00am
Wednesday – 12:00pm – 12:00am
Thursday – 12:00pm – 12:00am
Friday – 2:00pm – 02:00am
Saturday – 2:00pm – 02:00am
Sunday – 12:00pm – 12:00am

Staff
We are advised that the business has 2 full-time and 2 part-time members of staff.

Financial Profile
Full financials can be made available upon further request.

Please quote reference B06658

Property Information

Property:

Leasehold

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