Takeaways (Other) for sale in Birmingham

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £149,999 Price Reduced Turnover: £587,000
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Business Description
Business
Chicken.Com was founded approximately 9 years ago and has become a popular and well used business during that time. The current owner has run the business successfully and lucratively for the last three years and is now selling, albeit reluctantly because he is fed up with the commute to his home in Coventry and wishes to pursue a change of direction into property development.

He is keen to see the business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Chicken.Com is a restaurant and takeaway offering an extensive menu such as;
• Pizzas
• Burgers
• Wraps
• Paninis
• Chicken
• Ice creams
• Milkshakes
• Kids meals
• Desserts
• Meals and Meal Deals.

Chicken.com has many regular customers and the business enjoys good visibility on the internet. The business has signed to Just Eat and averages an incredibly impressive 100 deliveries per day over seven days as well as great sales over the counter.

Hilton Smythe highly advise early viewing to avoid disappointment. This business is likely to attract considerable interest.

Location
Chicken.Com is located in Sparkhill, Birmingham in the West Midlands.

Sparkhill is an inner-city area of Birmingham situated between Springfield, Hall Green and Sparkbrook. Birmingham is the largest and most populous British city outside of London with an estimated population of 1,101,360 as of 2014.

Partly because of its central location, Birmingham is a major transport hub on the motorway, rail and canal networks. The city is served by the M5, M6, M40 and M42 motorways.

Chicken.Com is ideally situated in a main road position on the busy Stratford Road in the unusually busy and vibrant Sparkhill shopping centre. The business thus benefits from very high footfall as well as passing trade. A prospective purchaser would be advised to visit the area just to appreciate how busy it is…it really is an area that never sleeps. The business sits alongside other complimentary retail businesses and although there are major High Street brands a significant number of the shops are independents.

Chicken.Com is nicely presented and maintained with clear visible signage and distinctive livery. There is free on Street Parking immediately outside the premises and a free shoppers car park a short walk away.

Premises
Chicken.Com occupies two floors of an inner terraced, period style building and briefly comprises;

Shop
Windows and glazed door to front creating a light and airy interior, tiled floor and walls to dado height, tables and chairs providing approximately 10 covers, glass fronted, serve over ice cream freezer, long bespoke counter running the width of the shop with generous wrapping area and EPOS till, feature Illuminated menu boards, glass fronted drinks chiller.

Open Plan Kitchen
There is an open plan kitchen behind the main counter which is comprehensively equipped and fastidiously maintained with glass fronted chicken display cabinet, twin basket fryers, Pizza topping table with 11 pot salad bar, bun warmer (new) upright freezer

Wash Up Area
Generous wash Up Area with twin stainless-steel sinks and drainer, stainless steel preparation tables, tiled floor and fluorescent lighting.

Walk in Cold store
To the rear of the shop is a secure yard with a rear pedestrian entrance and a good size walk in chiller. There is also a useful bin store.

To the first floor are three rooms that are currently rented out and share a communal kitchen and bathroom. These rooms currently achieve a monthly rental income of £550 but local Estate Agents estimate they could achieve £750 per month if they were decorated and upgraded.

Tenure
We are advised that Chicken.Com is being sold as a leasehold business opportunity, the existing 15-year lease has approximately 5 years remaining, and the rent is £21,000 per annum. We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

We are advised that the business benefits from being exempt from business rates and none were payable at the time of instruction.

Hours
Monday to Sunday 12-12.30.

Permissions are in place to allow the premises to remain open until 5am each day.

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

Financial Profile
Chicken.Com generates an advised current turnover of approximately £587,000 per annum with 64% of income coming from Just Eat sales and the remaining 36% coming from over the counter sales.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04158
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