Chucky’s Burgers
Turnover circa: 105k
Adjusted Net Profit circa: £46k
BUSINESS SUMMARY
Business Name: Chucky’s Burgers
Location: 250 High Road, Leyton, London, E10 5PW
Established: 2023
Type of Business: Fast Food Burger Restaurant
BUSINESS DESCRIPTION
Chucky’s is a popular, trendy burger restaurant located in the heart of Leyton, London. Known for its hand-crafted take on the classic burger, the establishment is a firm favourite among both locals and visitors to the area with the benefit of being located within a busy residential area, along the main high street of local shops. The store has recently had an extensive refit to an extremely high standard boosting the brands image.
PRODUCT/SERVICE OFFERINGS
Burgers: Freshly prepared hand-crafted burgers with a choice beef patty or crispy chicken burgers, with a selection of toppings and sauces.
Sides: Freshly prepared chips in store made to order with a range of toppings including cheese, paprika and jalapenos.
Milkshakes: A full range of flavourings including Oreo & Daim, Oreo, Mint Aero, Ferrero Rocher and Kinder Bueno
Drinks: Full range of soft drinks.
Takeaway & Delivery: Working with delivery partners the business caters for walk in, telephone and delivery orders.
MARKET ANALYSIS
The takeaway and food delivery market in London, including areas like Leyton, exhibits diverse consumer behaviours and preferences that are crucial for operators to understand. A notable trend is the loyalty of consumers to local restaurants, with 41% of consumers sticking to one or two 'local hero' restaurants for their orders. Younger consumers, particularly those aged 18-24, tend to be more adventurous, having up to five regular favourites.
FINANCIAL OVERVIEW
Gross Revenue: £105k
Net Profit: £46k
KEY ACHIEVEMENTS
Reviews:
4.5-star rating on 'Google Reviews' with over 50 reviews.
3.9-star rating on 'Just Eat' with 8 reviews.
LOYAL CUSTOMERS
Regular, repeat customer base provides ongoing consistent revenue.
Hygiene Awards: Rated 5-star hygiene by the Food Standards Agency in April 2023.
EXPANSION
Additional Locations: The strong brand and local presence lend itself to being duplication across the UK.
Franchise: Alternatively, this successful location could be used to springboard the business into rapid expansion through franchising the model.
Delivery: Implementing a delivery service to cater to the increasing demand for at-home dining through directly employed staff to compliment food app orders.
Catering: Catering services for events, parties, and corporate lunches.
New Menu Items: Introducing vegan and gluten-free options to cater to a wider audience.
Website Development: The business attracts custom through delivery partner apps, local reputation and passing trade, however there is an opportunity to develop and implement a dedicated website with ordering capabilities for click and collect and/or deliveries.
PREMESIS
The premises is a ground floor retail unit on an extremely busy residential estate parade of retail shops. The premises is available by way of a lease at £17,665 per annum.
The premises alone is worth a significant sum as it has been fully fitted out for an incoming operator to come in and launch their own brand if preferred. There is also a rear building section which is approximately 6m wide x 8m length. Approximately 50m2, which is ripe for expansion if desired.
The vendor has made significant improvements to the property over the years and introduced new catering equipment and furnishings which offer fresh and vibrant environment for customers and requires no further investment from an incoming operator who can capitalise on the extensive fit out to date.
Viewing is essential to appreciate the quality of the business on offer.
FINANCIAL INFORMATION
Detailed financial information is available upon request.
FURTHER INFORMATION
Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is strictly confidential.
For more information, please contact us.
