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Leasehold Chinese Restaurant/Takeaway - Mile End Road E1 For Sale

London, UK
Asking Price:
£400,000
Turnover:
£1,248,000
Net Profit:
Undisclosed

ADVERT TEXT
LEASEHOLD CHINESE STREET BRANDED RESTAURANT & TAKEAWAY BUSINESS
FRANCHISE OPPORTUNITY

BUSINESS
Established in 2020, this fully systemized Chinese street food brand offers an exceptional dining experience characterized by its vibrant flavors and a dynamic open kitchen. The business currently operates from two strategically located units, one on Mile End Road and the other in central Croydon, each featuring a high-end fit-out that creates a stylish and inviting eating environment.

This successful brand comes with unique proprietary recipes and robust operational systems that facilitate efficient management without necessitating constant owner presence. With significant brand promotion already in place, this business presents a unique opportunity for growth and expansion.

The operation is highly scalable and is available for purchase either individually or as a pair, making it an ideal investment for those looking to enter the food and beverage sector with a ready-made, reputable brand.

TURNOVER
We are advised that the business takes £24,000 pwk @ 60% GP.

STAFF
Fully staff operated.

OBSERVATIONS
Please Note: The Croydon Branch is also on the market. Turnover is £16,000 - £20,000 pwk. Rent £60,000 + VAT pa. Price £275,000. Our ref:C1256.

TENURE
20 year lease from 2020. Rent £44,000 pa.

EPC RATING
Band B

BUSINESS RATES
TBA

Property Information

Property:

Leasehold

Location:

Located in a highly desirable trading area on the bustling Mile End Road, this property benefits from a vibrant mix of surroundings. It is nestled among a diverse array of eateries and enjoys a significant residential population, driving consistent foot traffic. Additionally, its proximity to Queen Mary University of London and several prominent hospitals enhances potential customer engagement, contributing to substantial trade opportunities.

Premises Details:

Single-fronted premises featuring a glass frontage that invites natural light into the restaurant area, which accommodates mixed seating for 26-30 patrons. The thoughtfully designed servery at the rear is equipped with illuminated menu displays and a state-of-the-art EPOS system, enhancing operational efficiency. A striking open kitchen, separated by a glass wall, showcases the high-end fresh cooking operation, adding a dynamic visual element for diners.

Customer restrooms are conveniently located at the rear, ensuring ease of access. Stairs lead down to a lower ground floor seating area that comfortably hosts over 50 covers with custom seating arrangements, ideal for private dining or larger gatherings. This space also provides access to essential storage rooms and a staff area, optimizing workflow and functionality.

On the first floor, dedicated office space offers a professional environment for management activities. Additionally, a comprehensive inventory of equipment is available for interested parties. This prime property offers an ideal opportunity for any hospitality business looking to make its mark in a thriving location.

Business Operation

Trading hours:

12.00pm - 11.00pm Mon to Sun

Contact Broker
Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.