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Reputable Fast Food Delivery Business For Sale

City Of London, London, UK
Asking Price:
£59,995
Turnover:
£220,000
Net Profit:
Available on request

Business
Please quote reference B06373

Hilton Smythe are pleased to have been given the opportunity to manage the sale of an authentic Indian street food delivery business, with a renowned reputation amongst East London residents. This is a superb opportunity to take on a high turnover business.

The business was founded 2 years ago by the current owner who has run it successfully and lucratively since. 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, the founders have exploited a niche and got it to a point of stability. They feel it will be a great addition to a bigger business. The founders are serial entrepreneurs and will look to build something new from zero, in a different area, once released from this successful venture.

The business prides itself on the quality of its food which is freshly prepared on site using local ingredients wherever possible. The extensive menu includes several tasty options that can be seen on the well-presented modern website - https://---.---------.--.--/

Our client has had an ordering system created that can be located on the website as seen above, as well as using ordering sites such as Just Eat Uber eats and Deliveroo to take food orders.

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 -

Ideal owner managed or partnership business
Current owner happy to offer a handover to ensure the continued success

The following is included in the sale:
1 x Van
2x almost new motorbikes
1 x gala food stall tent
Proprietary software (online ordering system).*All in very good condition*

Hilton Smythe highly advises early enquiry to avoid disappointment.

Location
The business is currently based from a commercial kitchen based in East London on a very attractive monthly rental agreement, therefore benefits from being a relocatable business within the London area!

With the choice of kitchen being to new owners’ preference.

Premises
The business is currently being run from a Ghost Kitchen, and can be relocated to any kitchen within the London area to keep local customers.

Tenure
We are advised the business is being sold on a Business Only basis.

Hours
The business trading hours are as followed:
Monday - Closed

Tuesday - 16:00pm - 22:00pm

Wednesday - Closed

Thursday - 16:00pm - 22:00pm

Friday & Saturday - 16:00pm - 22:30pm

Sunday - 16:00pm - 22:00pm

Staff
The business is ran and managed by 1 full time and 1 part time staff member.

Financial Profile
We are advised the business generated an advised turnover of circa £220,000, further financial information can be made available upon request.

Please quote reference B06373

Other Information

Relocatable:
This business can be relocated.

Contact Hilton Smythe

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