Buy a Fast Food Take Away For Sale business for sale in Central London on BusinessesForSale.com

  • Advert ID: 650929
  • (Seller ref: R8939)

Fast Food Take Away For Sale


Location:
Category:

Listed by:

Asking price:
£99,000
Sales revenue:
£145,600
Net profit:
Available on request
Employees:
The business is at present mainly staff run with the vendor assisting on a part time basis. 3 full time plus 1 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.


No Parking Problems

SPACIOUS SINGLE FRONTED PREMISES with tiled floor. Tables and chairs providing seating for 12 persons. 2 gas double deep fryers, large grill, 2 stainless steel fridges plus 1 additional fridge, potato chipper and peeler, 1 cool display unit, 2 chest deep freezes etc.

Large kitchen at rear 25ft x 10ft approx.

Staff cloakroom with w.c. and wash hand basin


Lease terms:
We understand the premises are held on a secure renewable lease having approximately 13 years unexpired at a rental of £18,000 p.a. exclusive of rates up to March, 2011, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £4,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION
Living accommodation:
The accommodation in the form of a SELF CONTAINED FLAT comprises: 1 Double Bedroom Bathroom with bath, w.c. and wash hand basin Lounge Kitchen with fitted units
Location:
Occupying a corner position, excellent main road trading position, CITY OF LONDON.

Expansion potential:
WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.
Reasons for selling:
To Include The Secure Lease, Goodwill, Fixtures & Fittings £99,000 Plus Stock At Valuation Substantial Loan To An Approved Applicant
Trading hours:
12 noon - 11 p.m. seven days per week
Financing available:
Substantial Loan To An Approved Applicant.

For more information about this business for sale, click the Contact Seller button.

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