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Reference R2683

Fast Food Restaurant and Takeaway in North London For Sale

Fast Food Restaurant and Takeaway in North London For Sale
Fast Food Restaurant and Takeaway in North London For Sale Buy a Fast Food Restaurant and Takeaway in North London For Sale Sell a Fast Food Restaurant and Takeaway in North London For Sale

Register to see map and to make an appointment Situated on a busy main road with high visibility and transport links, main road trading position, residential and commercial area, NW LONDON

Turnover £ 10,000
Price £175,000

Features

Fully Fitted Fast Food Restaurant and Takeaway

The site operates as a halal-certified fast-casual restaurant offering premium burgers, chicken, and milkshakes.

DOUBLE FRONTED PREMISES in the region of 1,420 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, spot lights, Air conditioning with hot air, sales counter, EPOS till, Tables and chairs providing seating for 18 People, CCTV system (5 cameras).

Open plan kitchen area, stainless steel extractor unit, 3 x grill, 2 x deep fryer (2 pan), deep fryer, ice cream freezer, Rational Oven, fridges, freezers.

Toilet with w.c. and wash hand basin..

Stock room.

Walkin coldroom.

Basement in the region of 700 ft², used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 p.w. with a Gross profit of 65% approx. (40% DELIVERIES)

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12noon - 11pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2019 with reviews every 5 years (next review 2029) with rent to be confirmed

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2025 £8,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (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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