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Accommodation & Food services

Fast Food Restaurants

THE BUSINESS Advent Business Sales is delighted to have been instructed to offer to the market this well established Chinese takeaway. Founded by our client 7 years ago the business is now reluctantly offered for sale to allow him time to pursue an alternative unrelated business venture. The takeaway offers both Cantonese and Peking dishes at very reasonable rates, additionally, on Friday and Saturday evenings they offer free delivery on orders over 12.00 in value. The business employs 1 part time member of staff for 2 hours per night, to assist in the kitchen. A driver who works for approximately 3 hours per night on Friday and Saturday s and our client and his wife both full time. The takeaway achieves an excellent 3,600 per week average sales only through personal recommendation and word of mouth, as he does no advertising of any type. The premises are very well decorated and the equipment, fixtures and fittings look in excellent order and include: 2 pan deep fat fryer 7 wok gas cooker with stainless steel extractor over 4 ring gas cooker with oven under Rice cooker Double door upright twin fridge Single door upright fridge 2 chest freezers 2 small upright freezers Microwave 2 chopping blocks Double bowl stainless steel sink Stainless work units the wall to the rear of the cooking area is fully stainless clad The extractor unit feeds into a purified air cleaning system, which ensures no cooking smells or fumes bother any of the surrounding properties. We are advised that stock at cost is approximately 2,000. TRADING HOURS Mon: closed Tues Sun: 5pm 11pm EXPANSION POTENTIAL Our client clearly has an excellent business, but we feel it still offers huge scope to increase both turnover and profits by: 1. Opening at lunchtime on Saturday s and on Monday evenings 2. Advertising/leaflet drops as many new houses have been built recently and are due to be built in the near future. 3. Could also offer traditional fish and chips 4. The premises could be used as an Indian or a Bangladeshi takeaway FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 180,000 Gross Profit: 78% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES The shop occupies the ground floor of a modern purpose built block with very attractive lakeside views. Centre door with sign written plate glass windows Entry into the customer waiting area with 2 wicker sofas, 4 chairs and 2 coffee tables for use by waiting customers TENURE: Virtual Freehold (Leasehold) Original lease: 125 years Remaining Lease: 105 Years Rent: 200 per annum peppercorn ground rent only We are advised that the annual business rates are currently: 1,000

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