Takeaways (Other) for sale in Birmingham

View the "Newly Refurbished Vegan Restaurant - Birmingham" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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

C. McFarquhar (Apr 2017)
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Leasehold Price: £99,995 Price Reduced Annual Turnover: £312,000
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Business Description
Great City Centre Trading Location
Annual Turnover £312,000
Located In High Footfall Pedestrianised Area
Close to Major National Retail Chains
Would Suit Many Cuisines
Plenty Of Scope For Growth
Substantial Investment During Refurbishment 2017
Customer Seating For 20
Operating Under Management
EPC - C
REF 6438 – Leasehold Vegan Restaurant

Blacks Brokers are pleased to bring to the market this leasehold vegan restuarant located in the bustling and ever popular city centre of Birmingham.

INTRODUCTION

Fressh has been trading on City Arcade since 2017. Our client established this superb business after a thorough refurbishment of the previous eatery that was based here for around five years. Fressh offers a range of vegan food choices and has both dine in and takeaway services available. Our client has secured an excellent base of regular customers and this superb city centre location brings plenty of additional passing trade. The business is registered with both Deliveroo and Uber Eats with both bringing a good amount of trade. Excellent online reviews are noted on Google, Trip Advisor and Facebook.

LOCATION

Located on a corner plot at the main entrance of The City Arcade in Union Street in the centre of Birmingham, the business occupies a most enviable trading position and is close to many large multiples including Sainsbury’s, Santander and WHSmith. Birmingham is very well linked by the A4540 with superb public transport links and there are multiple car parks in the immediate area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator, but the business will soon be ran by staff only due to our client’s other business commitment requirements being higher than anticipated. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is ten years with rent reviews every five. The current lease began in 2017 at a cost of £1,096 per week.

BUILDING LAYOUT AND DESIGN

Fressh operates from an impressive and imposing corner property within a busy parade of shops. The business has excellent branding and signage on display with a fully glazed frontage to both sides of the building. Inside, the ground floor is a bright spacious dining area with mixed style seating for up to twenty customers, to the rear is a well-designed chilled servery and salad bar with white tiling on the rear walls. The restaurant has CCTV fitted throughout. The basement accommodates the kitchen, food preparation areas, wash-up area, store room, staff cloakroom and toilet. The kitchen has been professionally installed and is filled with high end equipment including air extraction system, turbo fan oven, two Caterlite counter top hobs, stainless steel upright fridges and freezers and much more.

There are three floors above:
The first floor contains two rooms, one is used to store food packaging. The second room is unused.

The second floor contains three unused rooms and has toilet facilities.

The third floor contains another three unused rooms and also has toilet facilities.

These areas offer a huge amount of potential for a new owner and could be used as additional business space or accommodation.

STAFF

The business is currently operating with ten members of staff in employment – this includes one manager. Our client works on a part time basis overseeing the management of this busy restaurant. The staff are all reliable and experienced, they can offer continuity of service to customers if desired.

FINANCIAL DETAILS

Fressh has traded solidly since opening. We are advised that the business currently has annual turnover of £312,000. Deliveroo generates around £250 per week and Uber Eats between £50 and £100 per week. Full financial details are available upon viewing.

SUMMARY

This leasehold business occupies an excellent trading position and has a good base of regular customers along with plenty of passing trade. Our client has ensured a superb reputation has been established. There is plenty of scope to develop the business further with the introduction of a wider menu to include other cuisines. There is also potential to extend the business into the upper floors or convert into living accommodation. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations, however it may also be of great interest to a large multiple or existing business looking for instant expansion into Birmingham city centre. Early viewings are strongly advised. Fixtures:
Shop Floor:

Furniture and lighting
Air conditioning system

CCTV system with 4 cameras

Hot display cabinet

Coffee machine

Bean grinder

2 x 4 Pan Bain Marie

Commercial conveyor belt toaster

6 x 6 Gastro salad bar

Open fronted chiller

Chip scuttle

Food warmer

2 Under counter fridges

Kitchen in the basement:

Air extraction system

Small chest freezer

Dish washer

Turbo fan oven

2 x 2 Ring Caterlite counter top hobs

2 x Pan deep fryer

3 x Stainless steel upright fridges

3 x Stainless steel upright freezers

Stainless steel food preparation unit

6 Pan Bain Marie
Trading Hours:
Mon - Fri - 8am - 7pm
Sat - 9am - 7pm
Sun - 11am - 5pm
(Mon - Sat - Breakfast Served Til 11am.)

Tenure: Leasehold

Location Details: Birmingham

Leasehold Term: Rent: £1,096 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6438
Seller Reference:
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