Overview
Description
Business
Please quote reference B07962
CoGoGo welcomes to the market J&J Foods Ltd, Swindon’s newest Romanian restaurant.
The business was established by our clients in 2022, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is popular within the area.
J&J Foods Ltd has now come to the open market due to our clients desire to focus on other business interests.
Established by our client over 2 years ago, the business was initially a Romanian cuisine takeaway. Due to the customer demand, they set up a little restaurant within the premises for customers to be able to dine in.
They even have a regular customer base who order daily online through their website, Just Eat and Uber Eats.
The restaurant has 24 covers. The premises has a liquor licence but a new buyer will need to have their own in order to sell alcohol. Next to the business is a Holiday Inn which is opening soon. This will potentially increase the customer base.
Above the restaurant, our client have 4 rented accommodation which have always been occupied. This will therefore generate an additional income for the new owners.
Key selling points –
- Excellent reputation
- Regular and loyal customer base
- Authentic and traditional Romanian cuisine
Scope for further growth –
- Increase advertising and marketing
- Further develop their website
- Leaflet/Menu drops within the local area
Location
J&J Foods Ltd is located on Bridge Street, in the town centre of Swindon, Wiltshire.
Due to its corner trading position, it receives regular levels of footfall and passing trade.
Premises
Inside the restaurant, they have 24 covers.
Fully fitted kitchen unit with all the necessary equipment.
On the first floor is 4 rented out accommodation units, which generates an additional income.
Tenure
We are advised that this business is being sold on a Leasehold basis, with 5 years remaining on the lease (as of April 2024). The rent is £1,277 per month.
Hours
The current trading hours are –
Monday – Closed
Tuesday to Sunday – 10:00am – 9:00pm
Staff
We are advised that the business has 5 members of staff.
Financial Profile
Further financials can be made available upon request.
Is this business relocatable:
Is stock included:
Listed By:
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