African Takeaway in South London For Sale

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, S LONDON

Turnover £ 3,500
Price £40,000

Features

Licensed Authentic African Takeaway & Restaurant

6 DAYS OPENING

5 STAR HYGIENE RATING

NO. 1 ON JUST EAT

SINGLE FRONTED PREMISES in the region of 600 ft² with ELECTRIC SHUTTERS. Air conditioning with hot air. Tiled floor, suspended ceiling with spotlights & wall lights. BAR, cash register. Tables and chairs providing seating for 12 persons (can be extened).

KITCHEN. Stainless steel extractor unit, 6-burner gas cooker, 2 door 6-pan chiller, 3 commercial microwaves, grill, 3 upright freezers, under-counter fridge & freezer, drinks cabinet, 3 stainless steel preparation tables, double sink and drainer.

Toilet with w.c. and wash hand basin

Stockroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a gross profit of 65% approx. (60% Delivery)

Staff

The business is at present operated by the vendor with 2 full time staff employed.

Trading Hours

6 Day week
TUESDAY - FRIDAY 1 p.m - 10 p.m
SATURDAY & SUNDAY 3 p.m - 10 p.m

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2013 with reviews every 5 years (next review 2028) at a current rent of £10,000 p.a.

Business Rates from April 2023 £580 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote