Hilton Smythe welcomes to the market Quick Eat Takeaway, established in the area in 2015 and purchased by our clients in 2017, now offered for sale due to the other business interests of our clients who work in London.
The contemporary business underwent a full refurbishment less than 3 years ago which included both new equipment throughout and a new decor internal dining area for 14.
This is one of the finest takeaway units in the area and must been seen to be fully appreciated. This is the only fish & chip business outside worthington town centre an only the 2nd Takeaway to service fried chicken.
The successful business offers a menu of
• Fish and chips,
• Fried chicken,
• Sausages and pies.
Our clients inform us 60% of the weekly turnover comes from delivery orders and 40% from walk in customers. Deliveries are taken from both direct telephone orders (50%) and the delivery partner ‘Just Eat’ (50%).
Due to its excellent location the business benefits from larger than average telephone orders of £25-£85 from the local care home, nursery parties and schools.
The full menu includes a choice of 6 set family meal deals, kid’s meals and sides.
There is also a popular menu of cold drinks, milkshakes and desserts.
Due to our client’s daytime work the business is only open late afternoon and evenings, there is high demand for lunchtime business currently not being explored. We believe a further 40% could be added by opening throughout the daytime, including extending the evening closing times especially at the weekends.
We recommend early viewing to avoid disappointment.Location
Quick Eat occupies a highly visible trading position on Rectory Road in Worthing, West Sussex.
The modern lit up shop front stands out on this parade of local shops which includes a hair salon, florist, beauty and fitness business. The business also benefits from being directly across from the busy Thomas A Becket Public House.
This is the only Fish and Chips business outside Worthing Town Centre and only the 2nd Takeaway to service fried chicken.
Worthing is a thriving seaside town, 10 miles West of Brighton and 18 miles East of Chichester.
The business takes advantage of been on the cross road of Rectory Road and Littlehampton Road (A2032) which acts as the main link Road to the nearby A27. Helping Hands Car Home and Busy Bees Nursery are directly across also.
There is free customer parking in all the surrounding streets.
Deliveries are currently made within a 4-mile radius of the shop unit.Premises
Contemporary signage using pink, silver and black with main sign lit up.
Disabled friendly front door leads into sit down area for 14 covers, gaming machine and 3 over head plasma screens displaying the full menu, attractive LED central lighting feature.
• Full height glass fronted drinks chiller,
• Wide service counter,
• New Epos till system,
• Card machine,
• Just Eat order terminal,
• 3 pan range with double length heated display box,
• Tall 2 shelf heated chicken display oven,
• Taylor milkshake machine,
Rear Prep Kitchen
• 2 x Half Penny’ chicken fryers,
• Heated chip box with storage oven,
• Fan oven,
• 3 x freezers,
• 3 x fridges,
• Hopkins potato peeler and chipper,
• Fish battering table,
• Electric breading table,
• Stainless steel prep sinks,
• Staff hand wash sink,
• Stainless steel prep tables,
• Storage racking,
Staff toilet and changing area
Fully shelved stockroom which leads to the rear fire exit and back door.
Secure area for bin storage.Tenure
We are advised the business is been sold as a Leasehold opportunity, original length of the lease 20 years with 17 remaining paying just £8,000 per year.
The business enjoys full small business relief with currently no business rates been paid.Hours
Currently run to suit the current owners the business would benefit from opening both lunchtimes and later in the evening at the weekends.
Monday to Sunday 4:00pm to 11:00pmStaff
The business is run and managed by our clients with the help of 3 part time staff and 2 self-employed delivery drivers.Financial Profile
Quick Eat will generate a healthy turnover for 2018 in the region of £168,000, Gross Profit of £96,000. Over £40,000 of assets will be included in the sale.