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Profitable well equipped INDUSTRIAL CATERING UNIT (catering mainly for Middle Eastern & Mediteranean dishes)

Nationwide Businesses Limited are Business Transfer Agents offering Business for sale across the UK. We currently offer catering, hotels, pubs, post office, newsagents, general stores, off licences and many other businesses for sale.  
Business Summary:
Reference : R8113
Categories : Fast Food Restaurants
Catering Companies
Other food service businesses
Pizza Delivery shops
Chinese Takeaways
Location : Middlesex
Turnover : £ 8,000 p.w.
Price : £ 70,000 (Leasehold)

No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Location

Situated on an Industrial Estate, MIDDLESEX (Please register to make appointments and view addresses)

Features

Large Industrial Unit in the region of 3,000 sq. ft. plus mezzanine floor. Plus included in the sale Retail Unit in Shopping Centre approx. 3 miles from the main business.

Ground floor comprising large catering kitchen with non-slip floor. Well equipped including stainless steel extractor unit, 2 6-burner gas cookers, 1 double gas deep fryer, 1 electric double deep fryer, 2 walk-in coldrooms, 1 walk-in deep freeze, hobart mixer, dough double conveyor belt for preparation in respect of baking, double sink and drainer, wash hand basin.


In addition, included in the sale, is a refrigerated 'P' registered diesel van.

In addition, on the ground floor, are 2 offices
Staff changing room
Staff kitchen
Staff cloakroom with w.c. and wash hand basin
Stockroom

Stairs to mezzanine floor, ideal for storage purposes

Included in the sale is a RETAIL UNIT situated in a Shopping Centre approx. 3 miles away in Hounslow. The site area is approx. 2.4m x 5.5m and is fully equipped including cool display counter, electronic cash register, 1-2m upright glass fronted fridge, 1-3m upright glass fronted fridge, sealing machine etc.

We understand this unit opened in December, 2006 and the turnover is currently in the region of £2,100 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand these premises are held on a yearly Licence at a current rental of £550 p.w.

Turnover

WE ARE INFORMED the turnover in respect of the Industrial Catering Unit is in the region of £300,000 p.a. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit in respect of the Industrial Unit is in the region of £90,000. As will be appreciated the turnover from the Retail Unit in Hounslow we are advised is currently in the region of £2,100 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit profit in respect of the Retail Unit is in the region of 40%.

Staff

The main business is at present operated by 2 partners with the assistance of 4 full time staff.

Retail Unit
At present staff operated. 1 full time and 1 part time staff employed.

Opening Hours

Monday - Friday inclusive - 8 a.m. - 4 p.m.
We understand the deliveries are operated within approx. a 10 mile radius of the business to regular customers.

Retail Unit
9 a.m. - 6 p.m. seven days per week

Outside

Parking for 4 cars

Tenure

We understand the landlord, subject to satisfactory references, will grant a new 3/5 years lease at a rental of £24,000 p.a. inclusive of service charge, exclusive of rates.

Uniform Business Rates: £4,700 p.a. approx. + water rates (metered)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWIL, FIXTURES & FITTINGS plus LICENCE AGREEMENT in respect of the RETAIL UNIT £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : R8113

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