Takeaways (Other) for sale in Oldham

View the "Long Established Chinese Takeaway & Accom - Oldham" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Freehold Price: £139,995 Price Reduced Annual Turnover: £70,000 Gross Profit: £35,000
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Business Description
Established Since 1968
Annual Turnover £70,000
Gross Profit £35,000
Retirement Sale
Free Parking Directly Outside
EPC - E
REF 6117 – Freehold Chinese Takeaway With Accommodation

Blacks Brokers are proud to bring to the market this freehold Chinese takeaway with accommodation located in a popular and busy area of Oldham, Greater Manchester.

INTRODUCTION

Kei Lam has been trading on Ripponden Road for over 50 years with our client in ownership since 1981. During this impressive trading history, the business has firmly established itself within the local area, gaining a large, diverse customer base and a good reputation.

LOCATION

Positioned on a busy road in Oldham, the business is close to many residential properties in addition to other local businesses. The area is well linked by the M62 and is close to the town centre. Parking is available immediately outside and public transport links are good.

REASON FOR SALE

Kei Lam is only being offered for sale due to our client’s retirement.

BUILDING LAYOUT AND DESIGN

Kei Lam is housed within the ground floor a traditional, mid-terraced retail unit with large signage displayed to the front of the property.
Inside, the customer servery and waiting area is has a stainless steel counter with menu board displayed above and tiled flooring throughout. The kitchen is positioned to the rear and is fully equipped and presented well.

On the first floor are two bedrooms, lounge, kitchen and fitted bathroom.

STAFF

Kei Lam is currently operated by our clients.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Kei Lam has traded solidly over its trading history. The business generates an annual turnover of £70,000 with gross profits of £35,000.

SUMMARY

This leasehold business is long-established and very well-known with a large customer base of repeat customers in place and occupies a superb trading position. There is plenty of scope to develop the business further with additional of longer opening hours and potentially deliveries. This proposition would ideally suit an owner operator who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Water Based Range Cooker

5 Hob Cooker

Rumbler

Chipper

Commercial Sink

4 Stainless Steel Worktops

2 Fridge Freezers (1 Samsung and 1 Hoover)

Dual Fryer/ 1 Chip Tray (3 Range)

2 Heated Display Cabinets

Wooden Counter

Chest Freezer

2 Pan Range

5 Pot Bain Marie
Trading Hours:
MON: 16:30 - 23:00
TUE - FRI: 11:15 - 14:15 / 16:30 - 23:00
SAT: 16:30 - 23:00
SUN: CLOSED

Tenure: Freehold

Location Details: Oldham

Downloadable Documents

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6117
Seller Reference:
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