For Sale
Reputable Takeaway Business In Alloa For Sale
Alloa, Clackmannanshire
- Asking Price: £29,995 +SAV
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Turnover:
We are advised all financial information can be made available upon request.
Please quote reference B06620
- Tenure: Leasehold
Please quote reference B06620
Hilton Smythe is delighted to welcome to the market on a leasehold basis, an extremely popular and well performing Takeaway business.
King Rush has been trading since 2018 and under the careful and meticulous ownership of our clients for a short period of time. The business has only now come to the open market as our clients have realised, they can’t devote enough time due to other business commitments and wish to see the business pass to someone with the same enthusiasm to take the business to the next level.
The business is renowned for serving a range of quality desserts , waffles, pancakes, shakes, ice creams and cakes with the business also benefiting from full class 3 hot food consent so also offers a range of pizzas, burgers, wraps, loaded fries, mixed grill combos and chicken dishes to name but a few. The business predominantly trades via the major online ordering platforms resulting in a fantastic amount of business with a healthy weekly turnover.
The 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.
All fixtures and fittings and catering equipment will be included in the sale of the business.
A tremendous opportunity to own this well-established and popular business, and early viewings are highly recommended to avoid disappointment.
The busines is run and managed by 1 full time and 4 part time staff members.
The business trading hours are as followed:
Monday to Sunday - 15:00pm - 23:00pm
The business is located in the popular town of Alloa and is perfectly positioned within the busy Shillinghill area leading to a very good level of footfall and passing trade.
The town lies 6 miles from the City of Stirling and 8 miles from Falkirk with the town ideally located for commuting to larger Cities such as Glasgow and Edinburgh with easy access to many major road networks. The town is also well serviced in terms of local amenities and public transport links.
The business is located in a purpose-built commercial property in a parade of similar units and briefly comprises, main entrance into shop with feature service counter with ice cream display and Tango Blast machine, till point, drinks fridge and window seating for waiting customers.
The rear of the premises is fitted with a range of industry standard catering equipment, including hot plate, double basket fryer, oven along with a pizza oven and full extraction system. There are ample stainless steel food preparation areas, along with various refrigerated and freezer storage facilities. The premises also has a back-office area, staff w/c facilities along with rear entrance leading to a private car park behind the premises.
Tenure
We are advised the business is being sold on a Leasehold basis with 15 years remaining on the Lease, the rent is £833 per month.
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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.
