Buy a Virtual Freehold Chinese Take Away Price Reduced For Sale business for sale in on BusinessesForSale.com

  • Advert ID: 655575
  • (Seller ref: 8792HP)

Virtual Freehold Chinese Take Away Price Reduced For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£250,000
Sales revenue:
£187,200
Net profit:
Available on request
Employees:
The business employs 1 part time member of staff for 2 hours per night, to assist in the kitchen. A driver who works for approximately 3 hours per night on Friday and Saturday’s and our client and his wife both full time.


Advent Business Sales is delighted to have been instructed to offer to the market this well established Chinese takeaway.

Founded by our client 7 years ago the business is now reluctantly offered for sale to allow him time to pursue an alternative unrelated business venture.

The takeaway offers both Cantonese and Peking dishes at very reasonable rates, additionally, on Friday and Saturday evenings they offer free delivery on orders over £12.00 in value.

The takeaway achieves an excellent £3,600 per week average sales only through personal recommendation and word of mouth, as he does no advertising of any type.

The premises are very well decorated and the equipment, fixtures and fittings look in excellent order and include:
• 2 pan deep fat fryer
• 7 wok gas cooker with stainless steel extractor over
• 4 ring gas cooker with oven under
• Rice cooker
• Double door upright twin fridge
• Single door upright fridge
• 2 chest freezers
• 2 small upright freezers
• Microwave
• 2 chopping blocks
• Double bowl stainless steel sink
• Stainless work units – the wall to the rear of the cooking area is fully stainless clad
• The extractor unit feeds into a purified air cleaning system, which ensures no cooking smells or fumes bother any of the surrounding properties.

We are advised that stock at cost is approximately £2,000.


ref:8792HP


Property:
Leasehold
Lease terms:
TENURE: Virtual Freehold (Leasehold)
Original lease: 125 years –
Remaining Lease: 105 Years
Rent: £200 per annum
peppercorn ground rent only

We are advised that the annual business rates are currently: £1,000

Living accommodation:
BUSINESS PREMISES The shop occupies the ground floor of a modern purpose built block with very attractive lakeside views. Centre door with sign written plate glass windows Entry into the customer waiting area with 2 wicker sofas, 4 chairs and 2 coffee tables for use by waiting customers
Location:
Our client is located in an upmarket area of Buckinghamshire and has an excellent location both in terms of being in a relatively new building which is surrounded by residential properties and because of its beautiful setting opposite a lake.

Its upmarket arcade location with good free of charge parking and wonderful view is a natural draw for customers to the area. Other businesses within the arcade include a convenience store, veterinary practise, pub/restaurant, hairdresser and a medical centre.

Expansion potential:
Our client clearly has an excellent business, but we feel it still offers huge scope to increase both turnover and profits by:
1. Opening at lunchtime on Saturday’s and on Monday evenings
2. Advertising/leaflet drops as many new houses have been built recently and are due to be built in the near future.
3. Could also offer traditional fish and chips
4. The premises could be used as an Indian or a Bangladeshi takeaway
Trading hours:
Tues – Sun: 5pm – 11pm
Financing available:
Please let us know if you require finance for the purchase of a business.
Related documents:

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

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