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Fast Food Restaurant in West Midlands For Sale

Fast Food Restaurant in West Midlands For Sale
Fast Food Restaurant in West Midlands For Sale Buy a Fast Food Restaurant in West Midlands For Sale Sell a Fast Food Restaurant in West Midlands For Sale Fast Food Restaurant in West Midlands For Sale for Sale Fast Food Restaurant in West Midlands For Sale for Sale Fast Food Restaurant in West Midlands For Sale for Sale Fast Food Restaurant in West Midlands For Sale for Sale Fast Food Restaurant in West Midlands For Sale for Sale Fast Food Restaurant in West Midlands For Sale for Sale

Register to see map and to make an appointment Situated in a parade, close to town centre, WEST MIDLANDS

Turnover 8,000
Price 200,000

Features

Superbly Fitted Fast Food Restaurant Plus Takeaway

We understand the business was opened in November, 2015 & caters for fried chicken, pizzas, burgers, Peri Peri chicken plus fish & chips..

Electric shutters to SPACIOUS SINGLE FRONTED PREMISES. Front area with woodstrip floor. Tables & chairs providing seating for 25/30 persons. Work area with tiled floor. Counter, 3 computers for ordering.

LEVEL OPEN PLAN KITCHEN with stainless steel extractor, plastic cladding to walls. The equipment includes 1 single deck pizza oven with conveyor belt, 2 Henny Penny chicken pressure cookers, charcoal grill, 4 stainless steel counter fridges, walk-in coldroom, walk-in deep freezer etc.

Customers' cloakroom with w.c. & wash hand basin
In addition there is a staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,000 p.w. including takeaway. We understand deliveries commenced in May, 2018 & in our opinion the business offers terrific potential for further development in the right hands.

Staff

The business is at present mainly staff operated. Staff employed 5 full time plus 4 part time staff.
It will be appreciated upon inspection that with an active husband & wife team the wage bill could be reduced.

Trading Hours

Monday - Thursday inclusive - 11 a.m. - 10 p.m.
Friday & Saturday - 11 a.m. - 1 a.m.
Sunday opening - 12 noon - 10 p.m.

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from November, 2015 at a rental of 37,500 p.a. exclusive of rates up to November, 2020 with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 100,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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