Fast Food Takeaway in Essex For Sale

Situated in a parade, excellent trading position, ESSEX

Turnover £ 6,000
Price £65,000

Features

Well Fitted Pizza, Curry & Grill Take Away

FORECOURT WITH SEATING FOR 8 PEOPLE
4 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 470 ft² WITH ELECTRIC SHUTTERS & Canopy, tiled floor, suspended ceiling with LED lights, sales counter, 4 x LED Menu Boards, EPOS till, breakfast bar with seating for 4 people, drinks display fridge (glass fronted upright), freezer, CCTV system (9 cameras, 1 monitor), surround sound speaker system.

Kitchen with stainless steel extractor unit, stainless steel walls, grill, Gas 6-burner Cooker, Oven, 1-burner Cooker, Roti maker, 18" pizza oven with conveyor belt (single deck) (ON LOAN), Dough mixer, 2 x microwave oven, refrigerated making table, 4 door under counter fridge, 3 fridges, freezer, stainless steel preparation tables, deep fryer (2 pan), chip dump, double sink and drainer with grease trap, sink.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a Gross profit of 65% approx. (60% DELIVERY)

Staff

The business is at present operated by 3 full time & 3 part time staff plus 1 driver.

Trading Hours

7 Day week (3am Licence)
SUNDAY - THURSDAY 12 noon - 2am
FRIDAY & SATURDAY 12 noon - 3am

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £24,000 p.a. + VAT

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 o.n.o. 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