| (REF: 1264LE) Takeaway Indian Sweets & Savoury Business |
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| Seller Reference: |
1264LE |
| B4S Reference: |
32370 |
| Asking Price: |
£250,000
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| Net Profit: |
£12,114 |
| Sales Revenue: |
£48,784 |
| Number of Staff: |
3 |
| Established For: |
25 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Undisclosed, Leicestershire, United Kingdom |
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HISTORY
The business is currently run by two sisters, who took over from their father who founded it over 25 years ago
REASON FOR SALE
The business is only now being reluctantly offered for sale due to the ill health of the two vendors
PRODUCTS
The business offers a good selection of home produced cakes, sweets and savoury products
CUSTOMERS
The customers are drawn mostly from the nearby densely populated residential areas
PREMISES
Mid terraced property off a busy arterial road, it briefly comprises:
Side entry door into the shop
2 serve over chilled counter units
Single door upright chiller unit
Side display counter with storage under
Rear shelving for product display and storage cupboards under
Fly zapper
2 sets of scales and 2 tills
Through to prep area with range of wall and base units
Single upright fridge and freezer
Stainless steel work benches
Side shelving for spice storage
Access to large but unused cellar
Through to rear kitchen with 4 ring gas cooker
3 x large gas single burner cookers
Stainless steel clad walls with stainless steel extraction unit over
Stainless steel sink with side drainer
Stainless steel work benches
w/c
back door entry to access via staircase to first floor apartment used predominately for storage purposes with 2 large rooms, bathroom and kitchen area
The premises benefit from a non slip floor in the retail and prep areas, air con unit for hot and cold in the retail area and with a manually operated canopy over the front of the shop
STRENGTHS
An extremely well established business which has been trading for over 25 years
Very good high visibility location on a busy main arterial road surrounded by potential customers
Excellent presentation throughout with a new owner having no remedial work to do on take over
Good customer reputation with regular repeat clients and many referrals
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
staircase to first floor apartment used predominately for storage purposes with 2 large rooms, bathroom and kitchen area
The premises benefit from a non slip floor in the retail and prep areas, air con unit for hot and cold in the retail area and with a manually operated canopy over the front of the shop
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Location: |
The business enjoys a high visibility location on a busy main arterial road within a predominantly Asian area of Leicester |
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This is already a very successful business, it does however, offer good potential to increase both sales and profits in the future by:
1. Opening on Sundays
2. Offer a home delivery service
3. Have a business web site
4. Advertise
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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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Mon Sat: 9.30am 6.30pm |
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The two vendors work full time in the business, with the assistance of one part time employee who works approximately 20 hours per week |
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