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Well Established Fast Food Eatery Dundee City Centre For Sale

Dundee, Dundee City, UK
Asking Price:
£220,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£600,000
Net Profit:
Available on request

Extremely popular Tex-Mex eatery located in Dundee city centre.

Wee Mexico has been established for over four years, with the current owners managing for the past three years. In that time revenue has more than quadrupled to £12,000 - £15,000 per week on average (full details available on request).

The eatery benefits from dine-in, takeaway and delivery trade. Current covid restrictions have forced the business to operate primarily through delivery, however this has not effected turnover. In the past four weeks of hospitality restrictions the business has averaged £13,000 revenue each week.

The business benefits from a huge loyal customer base built up over the years mainly consisting of younger student demographic. Over 10,000 followers on facebook & 3000 followers on Instagram allows the business to benefit from very low marketing costs.

A new owner could hugely benefit from franchising the business or trading in other areas.

Net profit & director salaries are available upon request.

Selling due to other business & personal commitments.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

8 Years left on leasehold

Leasehold Rent:

£18,000 per annum

Location:

Prime city centre location, short walk from both universities.

Premises Details:

The premises consists of a ground floor kitchen & takeaway area with a 40 cover customer area situated behind it. The first floor has a large stock room, prep kitchen and smaller store room.

Business Operation

Expansion Potential:

New owners could take the concept to other cities or areas. There is also a huge opportunity to franchise.

Reasons for selling:

Other business and personal commitments

Trading hours:

Non Covid hours:
11am - 10pm Mon - Sun

Employees:
13
Years established:
4

Other Information

Support & training:

Full training and support will be given to the new buyer.

Furniture / Fixtures value:
£20,000 - included in the asking price
Website:
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Contact Information

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