Fast Food Restaurant in Putney For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SW LONDON PUTNEY

Turnover £ 6,500
Price £125,000

Features

Double Fronted Fast Food Premises (specialising In Peri Peri and Fried Chicken, Kebabs, Burgers and Wraps)

5 STAR HYGIENE RATING

DOUBLE FRONTED PREMISES in the region of 500 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with concealed lighting. Tables and chairs seating 8 persons. Sales counter, touchscreen till with cash drawer, 2 soft drinks fridges, coffee machine (rented). CCTV (2 camers),

OPEN PLAN KITCHEN. Stainless steel extractor. Grill, twin pan deep fryer, small fryer, microwave, Rational oven, Tandoori oven, 5-burner range, large single door fridge, 2 chest freezers, small chest freezer, stainless steel preparation table, double sink and drainer, fat collector.

Staff toilet with sink.

Stairs to basement in the region of 160 ft². Dry store and walk-in chiller.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500/ £7,000 p.w. with a gross profit of 65% approx. (70% DELIVERIES)

Staff

The business is at present operated by the vendor with 2 full time and 1 part time staff plus 1 part time driver.
We are informed the wage bill averages £1,500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 11.45 a.m - 9.45 p.m

Outside

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 24 years in 2018 with reviews every 4 years (next review 2026) at a current rent of £19,000 p.a.

Business Rates from April 2022 £3,560 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote