Restaurants for sale in Burnham-on-Crouch

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 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
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Leasehold Price: £49,999 Price Reduced Turnover: £135,430
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Business Description
Business
Hilton Smythe welcomes to the market Fozzo’s Takeaway Restaurant which was established by our client in 2001 who is now looking to change career.

Fozzo’s is a takeaway/eat in diner established for the needs of the local businesses. The business soon grew and has now become the go to place for food in the local area.

Fozzo’s serves differing cuisine from traditional breakfasts, burgers and sandwiches to curry and Chinese cuisine.

Fozzo’s also has a very strong line in packed lunches for a local company that contracts out to Railtrack, another profitable income stream for the business. In 2017 this brought in an income of over £30,000 with a profit of circa 70%.

The business does not have a website but does have a Facebook page with 4.8/5* reviews and 4.5/6 Just Eat reviews.

Although this is already a profitable business, there are many options to increase the turnover and profitability of the business.
• There is room to expand the seating by approximately 20
• Open into the evening for takeaway and delivery
• Create a website
• Create a convenience store area.

Burnham-on-Crouch are expanding with extra houses and industrial units. These are all within a short distance away and the works traffic for these buildings will be passing Fozzo’s.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Fozzo’s Takeaway Restaurant is located in Burnham-on-Crouch, a town that is known for its yachting within Essex.

Fozzo’s is located on a trading estate surrounded by many other businesses with plenty of parking.

Premises
Sliding entrance door to the café with current seating for 7/8 in a breakfast bar area.
From this area is the following:

• Toilet
• 3 Display fridges
• Crisp stand
• Confectionery stand
• Tobacco cabinet
• Access to service counter and kitchen

To the rear of the premises is a large area which can be used for further seating, this area is currently used for our clients’ other business, which he will be moving out of the premises. from this area there are stairs to the mezzanine level for storage.

Kitchen, the 5* hygiene rated kitchen has:
• 4 Freezers
• 2 Fridge freezers
• Base units with worksurfaces over for storage
• Panini machine
• Hot dog warmer
• Ban Marie
• Under counter fridge with preparation area and chilled salad area
• Gridle
• Double sink
• Dish washer
• Double fryer
• Stainless steel preparation table
• Extractor fan
• Coffee machine
• Heated display cabinet
• Ice cream freezer

Tenure
We are advised the business is being sold as a leasehold business opportunity which has on a rolling basis since our client moved in in 2001, with an annual rent of £6000 which includes water.

Hours
The business opening hours:

Monday - Friday: 7.30am – 4pm
Saturday: 8am – 1pm
Sunday: Closed

The lease permits longer opening hours and it could be advantageous to increase the hours into the evening and include delivery.

Staff
The business is run and managed by our client, with the help of 3 part time members of staff.

Financial Profile
Fozzo’s Takeaway Restaurant generated an advised turnover of circa £135,000 as of the 2017 accounts.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04115
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