Business for sale

Business description

THE BUSINESS
Advent Business Sales is pleased to offer to
the market this well established Chinese
takeaway which has been trading for the
last 6 years.
The current vendor has been in ownership for
the last two years. The owner is reluctantly
selling due to family commitments out of the
area.
The business offers both Chinese (Cantonese)
food as well as a delicious selection of both
Thai and Malaysian dishes, such as hot and
sour crispy chicken with cashew nets and
Malaysian king prawn in coconut sauce.
The takeaway also offers a delivery service
to customers who live up to 10 miles away.
Although the present owners of the business
also rent out the upstairs flat of 3 rooms and
bathroom and separate w/c, all amenities
have separated metres and can be rented
with or without the business.
The husband and wife team staff the
business.
Stock at cost is approximately £2,000.
TRADING HOURS
Mon, Wed, Thurs - Sat:
5.00pm – 10.30pm
Sun: 5.30pm – 10.30pm
Tues: Closed
EXPANSION POTENTIAL
A lot of extra business could be generated by
restarting the large chip fryer and offering
fish, chips, pies etc as well as Chinese, Thai
and Malay foods. This, we observe, is an
area requirement, particularly due to easy
parking in this area.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £1,000
Gross Profit: 70%
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
Single fronted shop with full width counter .
Behind are two 21 cu ft chest deep freezers,
a fridge and a wet bain marie as well as a
food warmer for holding take away
deliveries.
Kitchen to Rear comprising of a 6 wok
cooker, a 6 burner commercial stove with
double oven, 2 basket deep fat fryer, single
basin sink, stainless steel prep tables are
included with both under and over shelves.
Dry store room, a cellar store room, staff w/c
and a pot/pan wash room with stainless
steel sink.
Large store/food prep room and office area,
this can be separated from the passage to the
upstairs stairway.
Flat

To the left of the takeaway is a door
leading to a passage and stairway (at
present also a doorway to the food prep
area)
External

Side entrance driveway exists to the rear
of the building and the shop is paved to
the roadway
TENURE: Leasehold
Original lease: 18 years
Remaining lease: 16 years
Review every: TBC
Rent: £720 per month
(takeaway) £340 per month (flat)
We are advised that the annual business
rates are currently: £847 (business)
£800 (flat)