Takeaways (Other) for sale in Waltham Cross

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Chinese Takeaway and Restaurant

Waltham Cross, Hertfordshire, England

  • Leasehold Price: £74,950  Price Reduced arrow_drop_down
  • Turnover: £280,000
  • Gross Profit: £20,000
Seller Reference: B04153
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B04153
Request Details
Business Description
Business
Chinese Express offer an eat-in or takeaway service with 80% takeaway and 20% eat-in.
30% of their business is through ‘Justeat’ where they have over 400 reviews and score 4.9 out of 6.

This restaurant has been established for 11 years and benefits from repeat business due to the service they provide.

Location
The business is located in Waltham Cross, along a pedestrian area with ample car parking to the rear.

Premises
The premises is along the High Street, benefiting from walk-in traffic.

As you walk through the entrance you are greeted with a seating area for up to 24 to the rear of the restaurant is the food counter where the food orders are taken.Further back through a door there is the food prep and storage area.

Equipment:

● Chest freezer
● 2 x fridge
● Victor oven
● 9 burner stove
● Till system
● Tables and chairs
● Shutters

Tenure
This business is a leasehold opportunity, with 19 years remaining from the original 20 years.

The rent is believed to be increasing to £22,000 per year, with rates at £8,000 per year.

Hours
Monday: Closed
Tuesday - Saturday 12.00 pm - 11.00 pm
Sunday: 5.00 pm - 10.30 pm

Staff
They currently have 3 full time and 1 part time staff.

Financial Profile
The business is currently turning over £260,000 with a Gross Profit of £130,000.

Tenure:
Leasehold
Listed by:
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