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Reference R1110

Peri Peri Chicken Shop in Essex For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area, ESSEX

Turnover £ 5,000
Price £97,500

Features

Fast Food Takeaway & Delivery (specialising In Peri Peri Chicken, Ribs and Burgers)

PARKING BAYS TO FRONT

HYGIENE RATING 4 STARS

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS in the region of 291 ft² Tiled flooring, tube lighting. Sales counter - EPOS till, upright Coco Cola drinks fridge. CCTV 5 cameras. Alarm.

Customer waiting area. TV screen menu.

Stainless steel extractor, 4-burner commercial grill, 2 Henny Penny chicken machines, 2 basket deep fat fryer, microwave, mini oven, bun warmer, hot cabinet, chest freezer with stainless steel surface, freezer, double door fridge, double sink and drainer, shelving.

Cloakroom with toilet and sink.

Fire exit

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx. approx 60% delivery (Uber Eat, Just Eat and Deliveroo)

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff. We are informed the wage bill averages £500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SATURDAY 11am - 11pm
SUNDAY 11am - 10pm
We understand a weekend extension has been applied for (closing at midnight)

Outside

Yard to rear with outline planning to extend.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lCouoncil lease, granted for 20 years in 2015 with reviews every 5 years (next review 2025) at a current rent of £9,600 p.a.

Please note there is Anti competition clause. Unable to sell pizza or kebabs.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 48,750 (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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