FASTFOOD & DESSERT BUSINESS FOR SALE IN NORTH WEST LONDON WITH REF (#CS0503)

  • Price: £175,000
London, England
Seller Ref:CS0503
For Sale

FASTFOOD & DESSERT BUSINESS FOR SALE IN NORTH WEST LONDON WITH REF (#CS0503)

London, England
Seller Ref:CS0503
  • Price: £175,000

Overview

Seller Ref: CS0503

Description

FRIED CHICKEN & FASTFOOD BUSINESS FOR SALE IN NORTH WEST LONDON WITH REF (#CS0503)

LOCATION:
The shop is situated on a busy road in northwest London, in a vibrant area with high footfall and traffic. It is close to schools, bus stops, train station and right opposite a very busy pub.

OVERVIEW:
This is a newly established business that has gained a loyal customer base in a short time by providing good service and quality food. The shop has a stylish and trendy interior with a lively atmosphere. The menu features wings, Gourmet Burgers and Drinks.

The shop has a fully equipped kitchen with modern appliances and 30 seats inside. It also has a tiled floor, a high ceiling with LED lights, EPOS till, Display Fridge, and a CCTV system.

The shop is in brand new condition with a nice ambiance and décor. It does not need any additional expenses or repairs. The new owners can take over the business right away.

POTENTIAL: There is a lot of room for growth for this business. It can start selling curries and tandoors, as it already has the equipment. It can also add shisha to its offerings, as there is a storage space at the back (subject to planning permission). Business can be significantly increased as currently they are not on UberEats, neither on ustEat, or not on Deliveroo, so it can start delivery services to boost its income. It can also develop its own website for online ordering.

Another opportunity is the shop has got an extra 5 gas oven cooker and grill machine, so the oncoming buyer can introduce a breakfast menu, other cuisines or any other food items as desired.
Reason to sell: The vendor has a young family and other commitments that require full-time attention.

Shop size:
Floor space – 400 sqft Approx.
Kitchen – 150 sqft Approx.
Storage – 350 sqft Approx.
Toilet – 65 sqft Approx.

Turnover: £5000 Per Week

Rent: £30,000 Per Annum

Rates: £5,000 Per Annum

Tenure: 20 years lease remaining (renewable lease)

Free parking after 5:30 PM

Timings:
Sunday to Thursday – 11:00 AM to 12:00 AM
Friday & Saturday – 11:00 AM to 2:00 AM

The business is marketed for the goodwill of £175,000 plus SAV it including all the fixtures and fittings.

For further information, please contact the BTC Commercial and Investment team on 0208 889 7474 or commercial@btcint.com.

Tenure: Leasehold

Is stock included:
NA

Listed By:

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