Restaurants for sale in Leeds

View the "A Rare Opportunity to Take Over an Established Roosters Piri Piri Franchise in the Centre of Leeds" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

A Rare Opportunity to Take Over an Established Roosters Piri Piri Franchise in the Centre of Leeds

Leeds, West Yorkshire, England

  • Leasehold Price: £120,000  Price Reduced arrow_drop_down
  • Annual Turnover: £280,000
Seller Reference: SL11119
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Business Description
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Seller Reference: SL11119
Request Details
Business Description
A rare opportunity to takeover an established Roosters Piri Piri franchise in the heart of Leeds city centre in a very busy area. The owners are selling as they have to travel from Nottingham every day to attend the business and the travel time and cost is now too much and have decided to let the business go at a very low price. This franchise now has over 40 franchises throughout the UK and have opened stores in several international locations. Roosters Piri Piri is a healthy and modern food establishment with halal meat as standard to cater for all.

The sale includes all fixtures and fittings in this very clean and modern kitchen with no additional franchise fee to pay, full training will be provided. There is a large seating area for customers to sit and enjoy their food as well as the delivery side of the business, there are great opportunities to grow this business way beyond it’s current takings of £280,000. The franchise also benefits from corporate deals with Just Eat, Deliveroo and Uber.

The current lease has 7.5 years remaining on it with a break clause in 2.5 years. Rent stands at £20,400 and business rates of £10,400, there is also a service charge of approximately £10k in this popular shopping centre.

Opening hours are currently 11am to 8pm but the owners have said there is an opportunity to open until 10pm to further capitalise on the delivery side of the business. Further to this there is more opportunity to use Virtual Brands to expand the delivery side of the business even more.
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