For Sale
Highly rated Takeaway business for sale
Gravesend, Kent
- Asking Price: £224,995 +SAV
-
Turnover:
We are advised that the business generates a turnover in the region of £364,000 on limited opening hours. Full financials can be made available upon further request.
Please quote reference B06740
- Tenure: Leasehold
Please quote reference B06740
Hilton Smythe welcomes to the market an extremely highly rated takeaway business located in Gravesend. The business was orginally established in 2010, and has been under our clients ownership since 2020. Since then it has been a huge hit in the area from the start. Though our client has thoroughly enjoyed his time running the business, he is now looking to focus on another business venture.
The business offers a versatile menu consisting of chicken, burgers, platters, sides, to name a few.
The business has built up an outstanding reputation locally, with google reviews stating ‘Great takeaway fast service and fresh food was good value for money and clean and tidy inside the shop with a clear view of food preparation area , well worth a visit’.
Our clients are offering a hand over period to ensure the continued success of the business.
The company currently uses Just Eat (Local legend status) and their own website.
Scope to Improve -
- Advertising and marketing campaign.
- Maximise the use of social media particularly Twitter and Instagram.
- Extend the opening hours.
- Introduce a loyalty card / scheme.
- Massive scope for development as it has an additional shop front to the side. Can be opened as a Pizza parlour,Fish and Chips/Kebab shop etc or any other cuisine.
- Premises has two separate extractor systems installed to allow for another unit to open.
- Scope to open earlier all days - 11:00am - 11:00pm
- Can add extra seating capacity
- Leaflet drop to nearby new housing developments
- Add Uber Eats and other platforms
- A well-established business with an enviable reputation and many regular customers.
- All fixtures and fittings (staff washing machine) included making this a real turnkey business opportunity.
- Current owner is happy to offer a handover to ensure the continued success.
- Potential for living or managers accommodation.
- Huge premises set over four floors with two shop fronts
- A large three bedroom flat and a large Studio flat for owners or staff use
- Ideal owner managed,partnership business or a company purchase to extend presence
- Low rent
- Nil rates payable
The following is included in the sale:
- New EPOS till system
- Rational oven
- Zanolli Pizza Oven
- Large Pizza dough making machine
- Husky chest freezer
- Storage chest freezer
- Desmond large walk in fridge
- Polar display fridge
- Adeca fridge
- Ben & Jerrys display fridge
- Hot food storage cupboard
- Large Falcon Grill
- 1 x 2 basket Pitco chip fryer
- Archway chip scuttle
- Upright large display / storage fridge
- Samsung Microwave oven
- De Longhi Microwave oven
- Heated large display cabinet
We are advised that the business has 3 full-time and 2 part-time members of staff. They also have 2 delivery drivers who work 4:00pm - 10:00pm
The business hours are -
Monday – 3:00pm – 10:00pm
Tuesday – 3:00pm – 10:00pm
Wednesday – 3:00pm – 10:00pm
Thursday – 1:00pm – 10:00pm
Friday – 1:00pm – 10:00pm
Saturday– 1:00pm – 10:00pm
Sunday – 2:00pm – 10:00pm
The business is located within Gravesend. The area of this business is surrounded by a wealth of complimentary shops and businesses, providing ample footfall from shoppers as well as the school students.
The area also has an abundance of domestic dwellings within the area providing a huge amount of custom for the takeaway delivery.
The premises are well presented inside and out, with large eye-catching signage. The entrance leads into the large service area, with a large seating area, service kitchen. Refurbishment works have been recently carried out and a new Extractor fan has just been fitted.
To the rear is a very large prep room with a storage room and a staff WC
Hilton Smythe are advised the business has 3 bedroom accommodation and it has a studio apartment which he lets the staff use.
The two flats have full gas central heating with part double glazing.
Basement storage consisting of two large rooms.
Ground floor with two shop fronts, can open an additional unit separately. Leading onto the first and second floor consisting of two flats each with its own separate access.
Recently installed Fire safety systems installed throughout whole building.
The business has full CCTV recorded coverage.
All required safety certificates in place for the building.
The total used floor space of the property is approximately 207.00 Square Meters approximately 2225 sq feet.
Tenure
We are advised that the business is being sold on a Leasehold basis, the rent is £14,760 per annum. The current lease runs out in December 2023 and is fully renewable. The lease will be extended for a further 15 years if a buyer wishes to.
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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.
