Highly rated Burger Takeaway for sale
- Asking Price: £399,995 +SAV
We are advised as per the 2021 accounts, the business generated a turnover in the region of £635,000, with an adjusted net profit in the region of £151,000. Full financials can be made available upon further request
Please quote reference B06767
- Tenure: Leasehold
Please quote reference B06767
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) exceptionally well-run burger restaurant/takeaway business.
The business has been under the careful and meticulous ownership of our client for the last couple of years, building up an excellent reputation within the industry. The business has only now come to the open market as our client wishes to leave the industry to concentrate on other business interests, and who would like to see the business pass to someone with the same drive and enthusiasm to take the business forward.
Side Street Burgers was originally set up as an American style burger restaurant, but due to the pandemic the business decided to concentrate on upscaling the delivery and collection side to the business, something that they have done exceptionally well and can clearly been seen in the accounts for the business.
The business prides itself on delivering the highest quality food cooked fresh to order, along with an exceptional level of customer service. The business uses freshly sourced produce adding to the overall customer experience with the business generating the majority of sales via the major online ordering platforms.
There is scope to further increase the already impressive level of turnover with the business offering franchise opportunities, this has been successfully launched nationwide, with the business selling its first two franchises, with others in the pipeline as well. This is a fantastic source of additional income for the business and one that will help the business with its future growth plans.
This outstanding turnkey business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
A tremendous opportunity to own this well-established and popular business, and early viewings are highly recommended to avoid disappointment.
We are advised that the business has 6 full-time members of staff.
The business hours are -
Monday – 16:00 – 23:00
Tuesday - Closed
Wednesday – 16:00 – 23:00
Thursday – 16:00 – 23:00
Friday – 16:00 – 23:00
Saturday – 16:00 – 23:00
Sunday – 16:00 – 23:00
The business is located on the busy and thriving Whitworth Road area of Rochdale, and benefits from being surrounded by a host of complimentary, independent businesses leading to a very good level of footfall and passing trade.
2 LOI`s signed for franchising one based in Tunbridge wells, Kent. The other on Stockport road, Manchester, both of these should be signed into a 5 year term within the next 6 weeks.
The business is located in a mid-parade commercial property, with customer service area located to the front, with a fully fitted commercial kitchen located to the rear of the property, with ample preparation areas, refrigerated and freezer storage, w/c facilities and access to the rear of the premises.
The business has undergone an extensive programme of refurbishment and can be found in true turnkey condition.
We are advised that the business is being sold on a Leasehold basis, with under 3 years remaining on the 5 year lease with the ability to extend this. The rent is £666 per month.