For Sale
Highly rated Restaurant and Shisha Lounge with accommodation for sale
Southall, Greater London
- Asking Price: £209,995 +SAV
-
Turnover:
Full financials can be made available upon further request.
Please quote reference B06632
- Tenure: Leasehold
Please quote reference B06632
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Ali Baba’s which is a well-established Takeaway, Shisha and Delivery Service with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
Ali Babas was founded just last year and has been doing great since! The current owner has run it successfully and lucratively since being established The business has been a real labour of love for him accruing many regular customers and a great reputation.
The business is now being sold, albeit reluctantly and with a heavy heart only due to our client's wishes to look at other business ventures. He is keen to see his beloved food delivery service passed to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.
The business has an alchol license till 2am.
Ali Babas prides itself on the quality of its food which is freshly prepared on the premises using local ingredients wherever possible. The extensive menu includes -
- Kebabs
- Burgers
- Pasta
- Chicken
- Side orders
- Salads
- Drinks
- Meal Deals
- Advertising and marketing campaign
- Maximise the use of social media particularly Twitter and Instagram
- Extend the opening hours and closing hours to 2am.
- Introduce new products to the current food offering
- Introduce a loyalty/card scheme
- Open shisha bar which is up and ready to run
- Offer desserts (all equipment ready)
- A well-established business with an enviable reputation and many existing customers
- Ideal owner managed or partnership business
- All fixtures and fittings included making this a real Turnkey business opportunity (high asset value as all new)
- Current owner happy to offer a handover to ensure the continued success
- 1x Grill
- 2x Donor machines
- 1x Chip fryer
- 1x Under counter fridge
- 1x Under counter freezer
- 1x Display fried
- 1x Epos till
- Outdoor canopy
- Table and chairs for indoor covers (covers 33)
- Tables and chairs for outdoor furniture (38-45 covers)
- Shutters
- 5x Wall mounted TVs
- 3x Electric delivery bikes
- 1x Meat mixer
- 1x Steamer
- 2x Cookers industrial
- 1x Ice machine
This great little business is likely to attract considerable interest.
We are advised that the business has 2 full-time members of staff.
The business hours are -
Monday – 11:00am – 12pm
Tuesday – 11:00am – 12pm
Wednesday – 11:00am – 12pm
Thursday – 11:00am – 12pm
Friday – 11:00am – 12pm
Saturday – 11:00am – 12pm
Sunday - 1100am – 12pm
The business is surrounded by a wealth of shops, and complimentary businesses, therefore benefitting from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
There are several public transport links to the town, and the area is well served by the A-roads within easy driving distance of the business, therefore benefitting from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The business trades from a generous and comprehensively equipped catering kitchen with non-slip flooring, fluorescent lighting, range of stainless steel preparation tables, oven, single basket fryer, a number of stainless steel 3 compartment fridges, chest freezer, stainless salad bowl and pizza topping bar, number of microwave ovens, EPOS till system.
As you can see from the pictures this is a set up business with no express spared as all done to extremely high standards!
The business benefits from an apartment upstairs which generates £18,000 per annum income.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 9 years remaining on the 10 year lease. The rent is £2,000 per month.
Enlarge Map
Looking to sell a similar business?
Find out moreNeed help with finance to purchase this business?
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Finance Calculator
Powered by Hilton Smythe
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
