Takeaways (Other) for sale in Colchester

View the "Sandwich Bar & American Diner-Essex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Sandwich Bar & American Diner-Essex

Colchester, Essex, England

  • Leasehold Price: £29,999  Price Reduced arrow_drop_down
  • Annual Turnover: £95,000
Seller Reference: KBT46772
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Business Description
 
 
 
 
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Seller Reference: KBT46772
Request Details
Business Description
• Prime town centre trading position
• Current income is in the region of £1500 per week, genuine potential to increase income
• Good quality fixtures and fittings
• Family run business,viewing recommended

Ref;46772. Profitable and well renowned sandwich bar and eat in American style diner situated in Essex. Current income is in the region of £1500 per week. Viewing is highly recommended. Leasehold

Christos Grill is situated on the main thoroughfares in Colchester’s busy pedestrian area, and within half a mile of the main busy high street within the area. There are two colleges and universities close by with a large proportion of the loyal custom being office workers from the town centre.

The business was purchased by our clients in July 2017, although we have been advised that a fast food/take away business has operated from the same spot for many years. We have been advised that the business generates c. £4,000 per week from both take away and those wishing to eat in. The business has a niche ‘Greek’ style, although there is an extensive menu to cater for all tastes.

The town centre benefits from heavy footfall from both the adjacent shops and well populated residential area, which has had a large increase in the number of new houses and apartments being built in recent years. Before opening the business in 2017 our client refurbished the main customer areas and installed good quality commercial cooking facilities, which are presented in good order.

The current set up provides a total of c. 40 covers on traditional tables and chairs, along with good quality fixtures and fittings throughout and an open plan serving area with a glass display cabinet.

In our opinion lunch could increase the income by opening earlier and catering for the breakfast market, given the huge number of office workers in the town. Further income could be generated by expanding the commercial side of the business by catering for outside events and buffet lunches to the many office’s locally.

Summary. This is an ideal opportunity for a hands on, energetic owner to build upon the reputation gained under the current ownership.

A viewing is highly recommended to fully appreciate the town centre location, condition and overall business opportunity.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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