Hilton Smythe is delighted to welcome to the market this busy and popular fast food takeaway business in Stretford, Greater Manchester.
The business was established by our client in 2014 and is only now being offered to the market due to our client’s other business commitments. The business currently operates 7 days per week and generates an excellent turnover in the region of £150,000 per annum, with a gross profit of approximately 60%.
Our client offers a wide variety of fast foods including burgers, wraps, peri peri, salads, kid’s meals, meal deals and fried chicken, to name a few, as well as a variety of beverages. The property boasts approximately 68 sq. metres of floor space with a spacious service and waiting area, as well as a commercial kitchen.
The business has built up an excellent reputation within the area for the high quality of the fayre and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by offering a delivery service within the area, which we feel will prove very popular. A new owner could also embark on a modest marketing campaign to highlight the excellent food and services offered. We also feel the business would benefit from the launch of a website to advertise the food offered, which could incorporate online ordering facilities.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
King Palace occupies substantial ground floor premises, ideally located within the town of Stretford, Greater Manchester. The prominent corner premises are set within a parade of complementary businesses on Great Stone Road, therefore benefiting from a very high volume of footfall and passing trade. The business also benefits from free car parking facilities to the front and side of the premises.
Stretford is a town in Trafford, Greater Manchester and comprises the local areas of Old Trafford, Gorse Hill, Trafford Park and Firswood. Stretford has been the home of Manchester United Football Club since 1910, which brings a lot of visitors and tourists to the area. The main shopping centre is Stretford Mall and landmarks include the old Essoldo cinema building on Manchester Road.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is at Manchester United Football Ground, which is approximately one mile away. The area is also well served by the A-roads, with the A56, A5145 and A5081 all being within easy driving distance, which link to the national A-road and motorway networks. Manchester city centre is approximately 4 miles away.
Substantial ground floor, corner premises in an ideal trading location, briefly comprising:
Main sales and waiting area.
4 x tables and seating for 16 x covers.
Large serve over counter with cooking area behind.
Preparation area with walk-in refrigerator.
Side door to exterior.
2 x EPOS cash registers.
Drinks display refrigerator.
Glass fronted chicken warmer.
Double pizza oven.
2 x Henny Penny chicken pressure fryers.
Double deep fat fryer.
4 x chest freezers.
5 x large screen TVs.
CCTV covering the whole shop.
Parking to side of shop for five vehicles.
We are advised Leasehold:
Original lease length: 15 years
Remaining lease length: 14 years as of June 2016
Review every: 3 years
Rent: £1,018 per month
The business is open:
Monday – Sunday: 12.00pm - Late
To be advised.
The business generates an excellent turnover in the region of £150,000 per annum, with a gross profit of approximately 60%.
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