Fast Food Restaurant and Takeaway in Kent For Sale

Situated in a parade, excellent town centre trading position, KENT

Turnover £ 4,750
Price £180,000

Features

Well Fitted Fast Food Restaurant

FORECOURT WITH SEATING FOR 8 EOPLE

SINGLE FRONTED PREMISES in the region of 1,950 ft² with CANOPY, suspended ceiling with LED spot lights, tiled floor, Air conditioning with hot air, sales counter, cash register, Coca-Cola fridge, CCTV system (8 cameras, 1 monitor), coffee grinder, Coffee Machine (3 Group).

Open plan kitchen area with stainless steel extractor unit, grill, Gas 2-burner Cooker, bain marie (2-pot), 2 microwaves, toaster, 2 fridges, freezer, dishwasher (commercial).

2 Toilets with w.c. and wash hand basin.

First floor in the region of 915 ft² used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 - £5,000 p.w. with a Gross profit of 65% approx. (no deliveries)

Staff

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

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 4pm
SUNDAY 9am - 4pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 25 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £28,000 p.a.

Business Rates from April 2023 £7,800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2003, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote