Low Rent - £69 Per Week
Annual Turnover £73,017
Gross Profit £46,768
Scope To Expand Opening Hours
Strong Demand To Increase Delivery Radius
5* Food Hygiene Rating
Open 5 Days A Week
New Lease To Be Negotiated
Run Under Management
EPC - DREF 6204 – Leasehold Thai Takeaway
#brandname# are pleased to bring to the market this leasehold Thai takeaway located a busy and much-sought after area of Buxton town centre, Derbyshire. INTRODUCTION
Khomkhai Thai Cuisine has been trading on Scarsdale Place since 2012 with our client in ownership since opening. Our client has established a superb reputation, 5* hygiene rating and large, repeat customer base. The business offers a range of fresh, made to order, authentic Thai foods at competitive prices. LOCATION
The business is on a mainly residential terraced property, right in the centre of Buxton and is close to many other shops and businesses including multiples such as Betfred, McColls and Sainsbury’s local. The area is busy year-round with parking available immediately outside and excellent public transport links. REASON FOR SALE
The business is only being offered for sale due to our client’s relocation abroad. LEASE
A new lease will be fully negotiated with the sale of the business. It will run at a cost of £69 per week.BUILDING LAYOUT AND DESIGN
Khomkhai Thai Cuisine operated from the ground floor of a mid-terraced property within a busy parade of shops and businesses. The business is presented nicely with main entrance and large window displaying Thai themed décor. Inside, the customer waiting area and servery are also nicely presented, with comfortable seating and menu board displayed.The waiting area could potentially be changed into a small eat in area for customers should a new owner wish to. Behind the counter is a professional catering kitchen, compete with an array of excellent quality equipment including wok burner, rice cookers, polar fridge and freezer and much more.
There is also a stock room and staff toilet facilities.
All areas are finished to a high standard and well-equipped, enabling a new owner to immediately trade with completion of a sale.
The first floor accommodation is currently occupied by the landlord of the property and will not be included in the new lease.STAFF
The business is currently operating with one full-time and two part-time members of staff in employment. Our client is not involved in the day to day running of this business but does help out during busy periods.FINANCIAL DETAILS
Khomkhai Thai Cuisine has traded solidly since opening with plenty of repeat custom. The business generates an annual turnover of £73,017 with gross profits of £46,768. Full financial details are available upon viewing. SUMMARY
This leasehold business is well-established with a superb reputation and occupies a superb trading position. There is plenty of scope to develop the business further with the introduction of longer opening hours and days (the business is currently operating over a five-day week). There is lots of demand for deliveries to surrounding towns however, at present the business only delivers in Buxton and with the introduction of a social media presence and partnerships with websites such as Just Eat and Hungry House this would be made possible and would certainly boost takings further. 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.