Old Established Chinese Takeaway in South Yorkshire For Sale

Situated in a Parade, excellent trading position, residential area, South Yorkshire.

Turnover £ 10,000
Price £55,000

Features

Chinese Takeaway

5 STAR HYGIENE RATING

6 DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 875 ft², Non slip vinyl flooring, plasterboard ceiling with tube lights.

Custome waiting area.

Sales counter, EPOS cash register, soft drinks fridge.

Separate Kitchen - Stainless steel extractor, 8 burner hob, oven, rice cooker, heated cabinet, bain marie, 2 microwaves, 2 chest freezers, double sink and drainer, stainless steel prepareation table, etc.

Walkin cold room.

2 rear rooms, dry stores.

Staff cloakroom with toilet and wash hand basin.

Turnover

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

Staff

The business is at present operated by the The business is at present operated by the vendor with the assistance of 1 full time and 4 part time staff plus delivery drivers.

Trading Hours

6 Day week
TUESDAY - SUNDAY 5 p.m. - 10.30 p.m.
CLOSED MONDAY

Outside

Yard with bin store.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2006 with reviews every 5 years (next review 2026) at a current rent of £16,000 p.a. plus VAT

we are advised, to an approved applicant, the Landlord grant a new lease ate terms to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote