Business Transfer Agents ~ Energy Assessors ~ Valuers ~ Stocktakers ~ Finance Brokers

Photo of a real estate agency Photo of a conveniance shop Photo of a business strand Photo of a mobile business Photo of a pub Photo of a coffee shop
 
Advert Ref: C1219

Leasehold Burger/Fried Chicken Takeaway In Maidstone

  • Maidstone, Kent
Asking price:
£225,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

LOCATION
Enjoying tremendous footfall this well presented concern is prominently situated fronting a busy main pedestrianized road in the centre of Maidstone the county town of Kent with an expanding population of 100,000+. The premises are surrounded by many independent and multiple retail and catering establishments.

BUSINESS
Established by our clients approx 18 months ago when it was fully refurbished and fitted out to a high standard with all new equipment, this immaculate staff run concern has quickly developed a great reputation and healthy turnover. Now only for sale as the vendor wishes to move abroad, the business does we feel have much further potential to develop, with scope for a new hands on owner operator to introduce an alcohol licence and on line media/social advertising and also to extend the opening hours further (its licenced to open until 5am). The business has a 5 Star hygiene rating and a 4.8 score on Google review (out of 300 reviews).

TURNOVER
The business is staff run at present with takings of £8,000 - £10,000 pwk @ 60% GP.
Approx £2,000 - £2,500 pwk of this is by delivery through Deliveroo & Just Eat.

STAFF
Currently operated by 5 full time staff.

HOURS
12.00pm - 12.00am Sun - Weds
12.00pm - 1.00am Thurs
12.00pm - 4.00am Fri & Sat

PREMISES
Single fronted premises with single entrance and neon illuminated signage over. Single entrance to air conditioned Restaurant area with bench chair/stool seating for 20 covers plus 12 outside to front. 2 Digital self ordering kiosks, Long serve over sales counter with illuminated menu monitor displays above. Glass counter display with bain marie, epos till system, All st/stl and marble work tops, 2 extractor canopies, st/stl prep surfaces, double fryer, large griddle, large hotplate, chip warmer, numerous stl/stl under counter fridges, Kebab machine, drinks machine, st/stl sink, Store room to rear with upright freezer unit, and walk in coldroom.
Disabled toilet with hand wash basin. Large Basement Store Room - Shelved. Door to rear yard. Rear pedestrian access to side street.

LIVING ACCOMMODATION
1 bed flat above on first floor. Currently accessed from restaurant but can be made self contained with access from rear staircase.

OBSERVATIONS
The business has a high spec fit out inside and out and resembles a quality franchised operation. Indeed, there is a great opportunity to copy this format and franchise the business.

TENURE
Approx 18.5 years remaining on original 20 year lease. RENT - £25,000 PA. (5 year reviews)

BUSINESS RATES
Approx £3,000 pa Payable

*The business has a high spec fit out inside and out and resembles a quality franchised operation. Indeed, there is a great opportunity to copy this format and franchise the business.

Property:
Leasehold
Premises details:
Single fronted premises with single entrance and neon illuminated signage over. Single entrance to air conditioned Restaurant area with bench chair/stool seating for 20 covers plus 12 outside to front. 2 Digital self ordering kiosks, Long serve over sales counter with illuminated menu monitor displays above. Glass counter display with bain marie, epos till system, All st/stl and marble work tops, 2 extractor canopies, st/stl prep surfaces, double fryer, large griddle, large hotplate, chip warmer, numerous stl/stl under counter fridges, Kebab machine, drinks machine, st/stl sink, Store room to rear with upright freezer unit, and walk in coldroom. <br>Disabled toilet with hand wash basin. Large Basement Store Room - Shelved. Door to rear yard. Rear pedestrian access to side street.

Trading hours:
12.00pm - 12.00am Sun - Weds 12.00pm - 1.00am Thurs 12.00pm - 4.00am Fri & Sat

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

If you are interested in finding out more about this business for sale, click on the button below.