| (REF: 2120) Busy Take away in Good Location |
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| Seller Reference: |
2120 |
| B4S Reference: |
25989 |
| Asking Price: |
£85,000
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| Net Profit: |
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| Sales Revenue: |
£223,600 |
| Number of Staff: |
5 |
| Established For: |
16 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Hanworth, West London, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £223,600 with a gross profit of £158,600. (See financial summary below).
- A business with great potential.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for couple or partnership.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides Home Delivery and Takeaway menu. Pizzas, Burgers, Kebabs, Chicken and Curries.
History
Phoenix Business Transfer Agents are delighted to place onto the market this very busy delivery and Takeaway which has been established since 1985. The business has been in the hands of the current owner since 1985 and now wishes to sell to be able concentrate on our businesses.
Services
This very good business opportunity provides a home delivery service and take away menu.
Staffing
The concern employs 5.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business in just-eat.co.uk and has a website.
Competition
As far as competition is concerned there is another similar business nearby.
Market
The client base consists of locals, many repeat clients and from the web site.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.
• With an enhanced website.
• Could be run as a Restaurant with A3 use.
• Longer hours it is licensed to 2 AM.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £223,600 with a gross profit of 70%. The wages are £1500 per week. The present value of the stock is £2500.
The potential turnover of the business within the next 2 years is forecast to reach £300,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Leasehold |
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Lease Terms: |
The original length of the lease was 15 years with 5 years remaining. The rent is £14,000 pa with a review in 5 years. The lease may be renewable or negotiable for longer term if required. The rates are £4150.
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Current Rent: |
14000pa |
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Living Accommodation: |
No |
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Location: |
- Situated in Hampton Road area of Hanworth.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent parking facilities.
- Surrounded by densely well populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the M25 and M3.
- Richmond lies close by.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.
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As far as competition is concerned there is another similar business nearby. |
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As far as competition is concerned there is another similar business nearby. |
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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wishes to sell to be able concentrate on other business interests. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Sunday to Thursday 12 am to 12 pm
Friday to Saturday 11 am to 12 pm
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