Chicken Restaurant in Surrey For Sale

Situated in a parade, excellent trading position, SURREY

Turnover £ 8,400
Price £120,000

Features

Modern Chicken Restaurant & Takeaway

5 STAR HYGIENE RATING.

DOUBLE FRONTED PREMISES in the region of 860 ft² with ELECTRIC SHUTTERS. CCTV (11 cameras). Air conditioning (cool and warm). Laminate wood effect flooring, suspended ceiling with spotlights. Tables and chairs providing seating for 30 persons. Sales counter - 2 EPOS tills, self scan order / payment point. 2 under-counter drinks fridges, 2 under-counter freezers, double door fridge.

Ladies and gentlemen's cloakrooms with toilet and sink

Disabled cloakroom with toilet and sink

Stainless steel extractor, 1 Rational steamer, 1 convotherm steamer, microwave, double basket deep fat fryer, 7 burner large capacity grill, 2 double drawer hot cabinets, 2 heated cabinets, sink, soft drinks dispenser,

Rear Kitchen

Chest freezer, full height single door freezer, single sink, double sink with drainer, hand wash basin, diswasher, grease trapper, 2 stainless steel preparation tables.

Walk-in chiller

Staff cloakroom with sink and toilet.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,400 p.w. with a gross profit of 65% approx. Sales year ending April 2022 showed sales of £557,563. Uber / Just Eat account for 40% of sales. PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO AN OPTIONAL FRANCHISE AGREEMENT, FULL DETAILS UPON REQUEST.

Staff

The business is at present operated by the vendor on a management basis with 5 full time staff employed. We are informed the wage bill averages £2,000 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 11 a.m - 11 p.m
SUNDAY 12 noon - 10 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2016 with reviews every 5 years (next review 2026) at a current rent of £35,000 p.a. plus VAT. In addition we understand there is a Service charge of £1,103 p.a. approx. plus VAT.

Business Rates from April 2023 £2,460 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote