Buy a 2 Prime Location A5 Take Aways business for sale in Islington on BusinessesForSale.com

  • Listing ID: 898830

2 Prime Location A5 Take Aways For Sale


Location:
Category:
Type:

Asking price:
£40,000
Sales revenue:
£260,000
Cash flow:
£30,000
Years established:
1
Relocatable:
This business can be relocated.

N1 Internal Kitchen


Two A5 Units are being offered for sale either separately or as a pair. Run under management the current owner wishes to devote more time to other business interests.

1. South West London

Prime site on Fulham road, approximately 1000 square feet + basement refurbished in 2007

Shop front, fully working commercial kitchen, walk in fridge/extraction/air conditioning. Rare A5 license.

Site has achieved sales of £5,500 per week. Current sales are £3500 per week trading 5pm - 10pm each day only and therefore offers the opportunity to easily build sales from extended opening hours.

Offered for sale either as :

Shell unit - no trade, fully refurbished, new electrics/kitchen - £40,000
Trade inclusive £75,000 (includes fixtures and fittings/equipment needed for trade) (see note below re trade opportunity)
Rent: £35,000 per annum (15 years remaining on lease)

N1/City

This prime street front A5 premises was refitted 12 months ago and is now offered for sale as a non trading unit to include:

1. Approx 650 square feet space
2. Front counter/breakfast bar/seperate kitchen/office - store room/
3. Completely refurbished in December 2008.
4. Full extraction system/walk in fridge/ walk in freezer/ network cabling/ new electric circuits

The business is run as a telephone and internet sales delivery business, offering multi cuisine options, turning over £5500 - £6000 per week. Walk in trade is limited as this side of the business has not been pushed despite this being a high street site. The business is open 11am - 1pm and 5pm - 10pm (weekends 5pm - 10pm only) and therefore offers the opportunity to greatly enhance sales with wider opening hours.

The premises is currently unbranded and therefore offers the opportunity for new owners to brand their own cuisine.

OPPORTUNITY

The premises is offered for sale as a shell unit. Because of the nature of the existing business (telephone and internet sales) there is an opportunity to purchase the database and business of the existing trade at each location. The existing trade requires minimum training and can easily be run alongside a new owners business, but has the opportunity of delivering the turnover currently achieved in the last 12 months. This provides a low risk entry into the market for an owner wishing to provide their own cuisine but having existing trade that is rebrandable/easily incorporated and can be run alongside a new business.

Various other fixtures and fittings by negotiation.


Property:
Leasehold
Lease terms:
Expiry March 2007
Leasehold rent:
£20,000 per annum
Location:
Islington, London N1 and London SW6
Premises details:
N1
Ground floor site. Front counter and servery. Breakfast bar for eat in customers. Newly kitted entire premises (650 square feet), brand new kitchen fit out. 2 entrance doors (public and staff).

SW6

Ground floor and basement

Planning consent:
A5
Financing available:
Owner can provide up to 50% of the cost of full business transfer.
Furniture / Fixtures value:
£15,000
Related documents:

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


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