Fast Food Restaurant in Friern Barnet For Sale

Situated in a parade, main road trading position, residential area, close to Underground Station, NORTH LONDON FRIERN BARNET

Turnover £ 4,500
Price £65,000

Features

Fast Food Restaurant (kebabs, Burgers and Pizza)

R STAR HYGIENE RATING

SINGLE FRONTED PREMISES with ELECTRIC SHUTTERS in the region of 743 ft². Awyning . Air conditioning. Non-slip lino flooring, suspended ceiling with LED lighting. Tables and chair seating 30 persons. Sales counter, touch screen till, soft drinks fridge, display chiller. CCTV (6 cameras)

Ladies' and gentlemen's cloakroom with toiletand sink

OPEN PLAN KITCHEN. Stainless steel extractor, 2 doner machines, gas grill double basket deep fat fryer, 2 deep fat fryers, electric pizza oven, microwave, prooving drawer, dough mixer, roller, pizza makeup sataion with topping bins, double sink and drainer, separate wash hand basin, stainless steel preparation table.

Walk-in cold room

Staff toilet with sink

Storeroom with walk-in freezer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w.

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff. We are informed the wage bill averages £2,500p.w. approx.

Trading Hours

7 Day week
Sunday - Thursday - 12 noon - 11 p.m
Friday and Saturday - 12 noon - 1 a.m

Outside

Parking to the rear.

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 3 years (next review 2025) at a current rent of £28,000 p.a.

Business Rates from April 2022 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote