Summary
- Asking price:
-
£42,000
- Sales revenue:
- £156,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team with the assistance of 4 full time staff.
Business description
DOUBLE FRONTED PREMISES with counter.
Level kitchen, fully equipped including 5-burner Chinese cooker, 1 large cooker, plus 1 additional small cooker, 4 fridges, 3 deep freezes, double sink and drainer etc.
Staff cloakroom with w.c. and wash hand basin
Property information
- Lease terms:
- We understand the premises are held on a secure renewable lease having approximately 16 years unexpired at a rental of £6,500 p.a. for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,100 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade of Shops, main road trading position, busy industrial area, WEST YORKSHIRE
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand the split of turnover is approximately £2,500 p.w. in respect of Chinese Takeaway & Delivery with the balance of £500 p.w. in respect of the Sandwich Bar). Gross profit £60/65% approx.
- Reasons for selling:
- To Include The Secure Lease, Goodwill, Fixtures & Fittings £42,000 Plus Stock At Valuation
Substantial Loan To An Approved Applicant
- Trading hours:
- Chinese Takeaway
Lunches - 11 a.m. - 2 p.m. Evenings - 5 p.m. - 11 p.m.
Sandwich Bar Section
Monday - Friday inclusive - 11 a.m. - 2 p.m.
- Financing available:
- Substantial Loan To An Approved Applicant.