| (REF: 2417) Leasehold Takeaway in South Wales with Accommodation |
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| Seller Reference: |
2417 |
| B4S Reference: |
31620 |
| Asking Price: |
£99,950
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| Net Profit: |
£36,400 |
| Sales Revenue: |
£143,000 |
| Number of Staff: |
4 |
| Established For: |
12 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Cardiff, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £140,000 pa with a net profit of £36,400 (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 a husband and wife team or business partnership
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides Kebabs, Pizza, Wraps, Jackets, Fried Chicken, Chips, Desserts and Soft Drinks with a good range of Extras and Side Dishes with a free delivery service.
Services
This very good business opportunity provides Kebabs, Pizza, Wraps, Jackets, Fried Chicken, Chips, Desserts and Soft Drinks with a good range of Extras and Side Dishes with a free delivery service.
Staffing
The concern employs 2 part-time and 2 full-time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business via the Just Eat website.
Competition
There is no local competition.
Market
The client base consists of local residents with high volumes of passing trade.
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.
• Increasing the open hours to include lunchtime trading.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.
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.
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 15 years remaining. The rent is £9,600 pa with a review in 2016. The lease may be renewable or negotiable for longer term if required. The rates are £800 |
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Current Rent: |
The rent is £9,600 pa |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
On the first floor there is a 2 bedroom apartment with living room, bathroom and kitchen with independent access.
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Location: |
- Situated in the High Street area of Barry in South Wales.
- Prominent location on main arterial road.
- Part of a parade of shops
- Excellent free parking facilities nearby.
- Industrial estates nearby.
- Surrounded by a densely 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 A4050, A4055 and A4232.
- Cardiff, Bridgend and Penarth all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
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There is no local competition. |
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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.
• Increasing the open hours to include lunchtime trading.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With the introduction of a website and e-commerce.
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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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now wishes to sell due to a business partnership break up. |
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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: 4pm – 12am.
Friday to Saturday: 4pm – 2am
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The concern employs 2 part-time and 2 full-time staff. |
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