Archived
Newly Established Takeaway For Sale In North Finchley
London, Greater London
- Asking Price: £109,000 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £220,000. Full financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07116
Hilton Smythe are delighted to welcome to the market 5 Pals Friern Barnet, a highly rated takeaway business in London.
5 Pals Friern Barnet was established by our client in 2021, and has already built up an excellent reputation during its short time of trading. As seen by the online ratings and reviews, the business is extremely popular within the local area.
The business has now come to the open market due to our clients desire to spend more time with family.
They aim to create a Gourmet casual dining experience, by having a fun enviroment , delicious food and their amazing homemade sauces.
Key selling points -
- Fantastic online ratings and reviews
- Own App
- Repeat custom
- Staff in place
- Customer database which is regularly sent automatic marketing emails
- Well established
- Scope for expansion
- Push advertising and marketing
- Delivery drops
- Grill
- Fryers
- Fridges
- Commercial oven
- Kebab machines
- Stainless steel work benches
- Tables and chairs
- Counter
We are advised that the business has 3 full-time members of staff.
The current trading hours are -
Monday to Saturday - 11:00 - 00:00
Sunday - Closed
5 Pals Friern Barnet is located on Queens Parade Cl, in London.
The business has eye catching signage and receives high levels of footfall and passing trade.
5 Pals Friern Barnet occupies a double fronted premises.
Ground floor -
- Service area with seating for 8 - modern and bespoke décor
- Kitchen
- Large menu boards
- Good branding and signage
- Storage room to the rear with racking system
Tenure
We are advised that the business is being sold on a Leasehold basis, with 8 years remaining on the 10 year lease. The rent is £20,000 per annum.
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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.
