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WE ARE INFORMED the turnover averages £4,700 p.w. in our opinion offering tremendous potential for futher increase in the right hands. Gross profit 63.5%. (It should be noted that the purchase of this business will be subject to entering into a franchise agreement and we understand there is a royaly payment of 6½% of net turnover including promotions and advertising).
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£1,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire a Fast Food Restaurant specialising in Burgers & Chips
Double fronted Restaurant with tiled floor, suspended ceiling, concealed lighting. Full gas fired central heating. Stainless steel counter, computerised system for orders. Tables and chairs providing seating for 20 persons.
Open plan kitchen with Nico Flamed Grill Boiler, 2 deep fryers, chip skuttle, mileshake machine, soft drinks dispenser, 1 large larder fridge, 4 deep freezes etc.
Customer's cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor on a part time basis with 1 full time manager, 1 additional full time staff plus 4 part time staff.
Opening
Hours
11 a.m. - 11 p.m. seven days per week
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:
1 double bedroom
Bathroom with bath, wash hand basin
Separate w.c.
Large lounge
Large kitchen with fitted units
Outside
Rear garden. Garage.
Tenure
We understand the premises are held on a secure renewable lease having approx. 10 years unexpired at a rental of £7,500 p.a. exclusive of rates with rent revisions. (We further understand that a longer lease could be made available, if desired).
Uniform Business Rates: £1,800 p.a. approx. + water rates (metered)
