Takeaways (Other) for sale in East Sussex

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £79,995 Annual Turnover: £156,000 Gross Profit: £48,000 Annual Net Profit: £52,000
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Business Description
Exceptionally Low Net Rent (No Cost)
Annual Turnover £156,000
Gross Profit £48,000
Net Profit £52,000
2 Bedroom Accommodation - Tenanted
Income from Accommodation £14,400pa
EPC - D
REF 6025 – Leasehold Takeaway With Accommodation

Blacks Brokers are proud to bring to the market this leasehold takeaway with accommodation located in a busy and sought-after area of Brighton and Hove, East Sussex.

INTRODUCTION

Shahcoal Kebab has been trading on Crestway Parade for over 20 years with our client in ownership since 2014. The business offers a range of takeaway food choices including burgers, kebabs, pizzas and more and has gained a large and loyal customer base and superb reputation.

LOCATION

Located on Crestway Parade in Brighton, the business is close to a densely populated area of housing and also benefits from much passing traffic. The area is well linked with the A27 and A270, public transport links are good and parking is available immediately outside the property.

REASON FOR SALE

Shahcoal Kebab is only being offered for sale due to our client’s family commitments and a lack of time to run this very busy shop – it has grown to a size that would suit a team of staff rather than a solo owner-operator.

LEASE

The current lease is 15 years and began in 2014 at a cost of £10,000 per annum. Please note this is more than offset by the rental income from the living accommodation making this a very appealing proposition.

BUILDING LAYOUT AND DESIGN

The business is housed within the ground floor of a large, three-storey property within a busy parade of shops. The business is very well branded with bright signage on display above a mainly glazed frontage. Inside, there is a large shop floor sales area including a lounge/waiting area, bar with stools used as a servery and waiting area. To the rear of this is a well-equipped kitchen and preparation area and staff toilet. There is a large basement currently used as a store room.
On the first floor is a spacious, two-bedroomed accommodation with fitted kitchen, family bathroom and living room.
To the rear of the property is a private area for parking.
All areas are well presented with good fixtures and fittings in place.

STAFF

Shahcoal Kebab is currently operating with three members of full-time staff in employment in addition to our client working on a full-time basis.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Shahcoal Kebab has traded solidly over its trading history. The business generates an annual turnover of £156,000 with gross profit to be confirmed – please note the accommodation generates an additional £1,200 per calendar month not included in the business turnover.

SUMMARY

This leasehold business offers a new owner a superb opportunity to acquire a well-established and busy takeaway business with accommodation. There is plenty of scope to develop the business further and there are even more income opportunities with the introduction of lunchtime opening and event catering. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Double Pizza Oven

Pizza Prep Cabinet

2 Kebab Machines

Chilled Display Counter

Large Upright Freezer

Soft Drinks Chiller

2 Pan Deep Fat Fryer

2 Pan Bain Marie

Under Counter Fridge

Pizza Dough Mixer

2 Microwave Ovens

2 Chest Freezers

2 Upright Fridges

CCTV
Trading Hours:
MON - SUN: 16:00 - 23:00

Tenure: Leasehold

Location Details: Brighton and Hove

Leasehold Term:
Rent: £192 Per Week (income from flat is £276 Per Week)

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6025
Seller Reference:
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