Reputable Fast Food Delivery Business For Sale
London, City of London
- Asking Price: £74,995 +SAV
We are advised the business generated an advised turnover of circa £220,000, further financial information can be made available upon request.
Please quote reference B06373
- Tenure: Leasehold
Please quote reference B06373
Hilton Smythe are pleased to have been given the opportunity to manage the sale of an authentic Indian street food delivery business, with a renowned reputation amongst East London residents. This is a superb opportunity to take on a high turnover business.
The business was founded 2 years ago by the current owner who has run it successfully and lucratively since. 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, the founders have exploited a niche and got it to a point of stability. They feel it will be a great addition to a bigger business. The founders are serial entrepreneurs and will look to build something new from zero, in a different area, once released from this successful venture.
The business prides itself on the quality of its food which is freshly prepared on site using local ingredients wherever possible. The extensive menu includes several tasty options that can be seen on the well-presented modern website - https://www.chowpatty.co.uk/
Our client has had an ordering system created that can be located on the website as seen above, as well as using ordering sites such as Just Eat Uber eats and Deliveroo to take food orders.
Scope to improve -
- Advertising and marketing campaign
- Maximise the use of social media particularly Twitter and Instagram
- Extend the opening hours
- Introduce new products to the current food offering
- Introduce a loyalty/card scheme
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success
- 1 x Van
- 2x almost new motorbikes
- All kitchen equipment (part of short-term lease agreement)
- 1 x gala food stall tent
- Proprietary software (online ordering system).*All in very good condition*
The business is ran and managed by 1 full time and 1 part time staff member.
The business trading hours are as followed:
Monday - Closed
Tuesday - 16:00pm - 22:00pm
Wednesday - Closed
Thursday - 16:00pm - 22:00pm
Friday & Saturday - 16:00pm - 22:30pm
Sunday - 16:00pm - 22:00pm
The business is currently based from a commercial kitchen based in East London on a very attractive monthly rental agreement, therefore benefits from being a relocatable business within the London area!
With the choice of kitchen being to new owners’ preference.
The business is currently being run from a fully fitted commercial kitchen on a short-term rolling lease (monthly).
This is by choice of the current owner and can be relocated to any kitchen within the London area to keep local customers.
We are advised the business is being sold on a Leasehold basis with a monthly rolling Lease currently in place, the rent is £1,750 per month.