Fast Food Restaurants for sale in High Wycombe

View the "WOK AND GO FRANCHISE RE-SALE, HIGH WYCOMBE BUCKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

WOK AND GO FRANCHISE RE-SALE, HIGH WYCOMBE BUCKS

High Wycombe, Buckinghamshire, England

  • Leasehold Price: £179,995  Price Reduced arrow_drop_down
  • Annual Turnover: £300,000
  • Net Profit: £100,000
Seller Reference: 13344
Request DetailsEmail email
Business Description
 
 
 
Image 1 of 4 video_library
Seller Reference: 13344
Request Details
Business Description
LOCATION
ETS Corporate are pleased to place this Wok and Go franchise re-sale operation on the market. The business is located at 1 Denmark, Eden Shopping Centre HP11 2DB. It is an affluent and busy shopping centre in High Wycombe, next to the bus station, and Bucks University. The franchised area covers a population of over 250,000.

FINANCIAL DETAILS
The turnover of the business is around £300,000 with a net profit of approximately £100,000. The operation cost in excess of £280,000 to set up. The business will come with full training from the Franchisor and a franchise agreement; the present agreement is for 10 years with an option to renew for another 5 years. The franchisor takes 7% of the net turnover (including 1% for marketing) which is payable monthly.

BUSINESS DETAILS
The Wok & Go company is a rapidly expanding Asian fast food chain, and provides Malaysian, Thai, Chinese and Japanese cuisines as a healthy option to eat in, take away or to be delivered. It is fast, authentic, hearty, and is good value. They take quality ingredients and blend them with the finest flavours from Thai, Malaysian, Indonesian, Chinese and Japanese cuisine. There's a box to suit every taste with a carefully chosen selection of meat, seafood, vegetables and sauces guaranteed to tantalise your taste buds. There is a you tube video for the products at https://www.youtube.com/watch?v=MTyJAEgEPek

This franchise operation was negotiated in June 2017, and opened in December 2017. The Owner, who a keen advocate of the products and the Franchisors is selling due to a sudden medical condition. lt is a fully staffed, well managed store, with a loyal and well motivated team. The Owner manages the business along with 2 chefs and 2 front of house. lt has an excellent reputation and a steadily growing client base. It has reviews on TripAdvisor, Just Eat and Google. On Facebook, they have 7,130 followers. The main sources of new business are flyer distribution by Royal Mail; and other delivery Companies, websites such as Deliveroo and Just Eat, and social media.

TRADING HOURS
The store is open 7 days per week, from 11.30 am to 11 pm.

PROPERTY DETAILS
The property is a fully branded premises and is almost new and cost £280,000.

TENURE
The original lease was for 10 years with 9 years and 4 months remaining and is renewable. The rent is £32,000 pa, and there is a rent free period until October 2018. The deposit is 3 months rent, which is repaid after 3 years.

Ref: 13344
Price: £179,995 plus sav

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. 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. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.
Trading hours:
The store is open 7 days per week, from 11.30 am to 11 pm.
Tenure:
Leasehold
Support and Training:
Available
Location Details:
The business is located at 1 Denmark, Eden Shopping Centre HP11 2DB. It is an affluent and busy shopping centre in High Wycombe, next to the bus station, and Bucks University. The franchised area covers a population of over 250,000.
Leasehold Term:
The original lease was for 10 years with 9 years and 4 months remaining and is renewable. The rent is £32,000 pa, and there is a rent free period until October 2018. The deposit is 3 months rent, which is repaid after 3 years.
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image