Price:
Leasehold - £41,000
Location:
West Yorkshire, Leeds
Business Type:
Food Service Businesses
The particular highlights of the business are:
- Ideally located concern offering excellent lifestyle.
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £60,000 with a net profit of £6,000. (See financial summary below).
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.
History
Phoenix Business Transfer Agents are delighted to place onto the market this take away which has been established since 2006. The business has been in the hands of the current since 2011 and he now wishes to sell due to other business interests.
Services
This very good business opportunity provides fast food which includes curries, pizzas, kebabs, and burgers.
Staffing
The concern employs 2 part-time staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business on the internet and leaflet drops menu.
Competition
There is no local competition.
Market
The client base consists of the public.
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.
• Opening up earlier on Sundays.
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 turnover is £64,400 pa with a net profit of £6,000.
The potential turnover of the business within the next 2 years is forecast to reach £260,000 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.
- Situated in Bradford area of Leeds.
- Prominent location on main arterial road.
- Part of a parade of shops.
- Excellent parking facilities nearby.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
There is a rolling lease in place. The rent is £5,200 pa. The lease may be renewable or negotiable for longer term if required. The rates are £500pa.
Monday to Saturday: 11.00am – 12.00am
Sunday: 4.30pm – 12.00am
North Yorkshire
£ 750,000
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