Indian & Kebab Takeaway in Southampton For Sale

Busy road, residential area, HAMPSHIRE SOUTHAMPTON

Turnover £ 5,000
Price £110,000

Features

Profitable well Established Detached Indian Fast Food & Kebabs Takeaway & Delivery

Forecourt area providing parking for 3/4 cars

SINGLE FRONTED PREMISES with counter, computer system for ordering.

OPEN PLAN KITCHEN with stainless steel extractor, Tandoori oven, 12-burner gas cooker, 1 kebab machine, 3 deep fryers, 2 commercial microwave ovens, 7 fridges, 4 deep freezers, double sink & drainer.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. takeaway & delivery, in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of £60%.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 8 full time & 2 part time staff.
It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.

Trading Hours

5 p.m. - 11 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Garden

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

Uniform Business Rates: £3,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote