Offers are invited of £59,000 for this busy, quality Fast Food Take Away Restaurant in Birmingham
The Business Owner is planning to relocate to another area of the country; hence he is looking for a quick sale.
The current owner has continued to increase sales during his tenure and has an excellent reputation locally for the quality of his food. The business is open seven days per week. The premises are located on the busy high street in a popular retail area with high footfall. It is in a busy residential area with local schools and located close to a busy main thoroughfare.
This is a great opportunity to purchase a very popular, quality, fast food outlet with a proven track record and excellent reputation. The large premises are fitted out with excellent equipment and is well finished throughout. The business has online bookings through Just Eats and is a gold partner with a rating of over 5 Stars.
The property includes four flats which will continue to generate an additional income for the new owner.
The business is located in a busy residential area, close to all main transport links. It is a busy location and has several thriving businesses in the surrounding area. During the current owner’s tenure Weekly takings have continued to grow.
The extensive menu offers a very comprehensive range of food to suit all tastes and appetites. Food on offer includes:
• Pizza, Peri -Peri Chicken, Southern Fried Chicken, lamb and Chicken Kebabs, Burgers, a variety of combos, Hot wings, Chicken strips, Masala Fish and Chips, Rice, Taftan bread and much more
The large premises comprise of a ground floor sales area with seating for 20 customers. It has an open plan kitchen which is fully fitted and equipped.
The owner has invested heavily in the business. The premises are fitted out to a very professional standard and includes a high standard of equipment.
The downstairs premises include two washrooms and is approximately 1000 sqft
The premises include 4 flats.
Tenure The property is secured on a long lease until April 2029
Current rent is £13,200 per annum
The owner has employees in place. He will provide the new owner with all technical assistance to ensure that the restaurant continues to be a success. The business model is well established, cooking recipes easy to learn and online ordering systems are well bedded down. The business is in good order for a new owner to step in without skipping a beat.
The business opening hours are:
Seven days per week 4pm to 3am
• The proven menu offers all customers a great choice of quality food.
• The new owner can build on the excellent foundations and invest in local marketing to further increase the sales.
• The premises are large enough to allow you to add to the existing menu if you choose.
• The business is a Just Eats gold partner
• There is opportunity to rent out all four flats – three are currently occupied
• The flat can generate an income of £13,440 per annum
• This outlet is located in a very busy residential area.
Owner is looking for quick sale and will give the new owner all support required
Proven Quality menu with options to add further food choices.
Located on a main thoroughfare in a busy residential area.
Just Eats Gold Partner
Over 5 * customer ratings on Just Eats
Employees including a delivery driver in place.
Owner has continued to increase sales during his tenure.
The lease includes four flats.
£59,000 (Fifty-Nine Thousand Pounds) to include the goodwill, excellent fixtures and fittings and the benefit of the long lease with stock extra at valuation.
Key Financial Information
Current Weekly Takings
Trading Hours The business opening hours are: Seven days per week 4pm to 3am
Is accommodation included?:
Four Flats with shared facilities
Support and Training:
Owner will agree a handover plan with the successful buyer
The business is located in a busy residential area, close to all main transport links. It is a busy location and has several thriving businesses in the surrounding area.