Archived
Reputable Takeaway & Restaurant For Sale
Leicester, Leicestershire
- Asking Price: £49,999 +SAV
-
Turnover:
Financial information can be made available upon request.
Please quote reference B06848
- Tenure: Leasehold
Please quote reference B06848
Hilton Smythe are delighted to present to the market a very well established takeaway & popular chargrill restaurant. The business was created by our client mid 2020 after a full renovation of the premises. Only now does our client exit the business due to other commitments.
The extensive menu includes BBQ Chicken, Burgers, Wraps & Kebabs to name a few.
The business utilises Just eat, Uber Eats and Deliveroo, offering a delivery service within a 5 mile radius.
Bar B Q Base has joined a well-known franchise, there is an option to continue with the franchise or terminate and trade as a solo company.
Scope for further development
- Re-advertise the business to the local community with a programme of special offers to increase current footfall levels
- Increase the number of delivery partners
- Push more social media advertising
- Offer local discounts for other businesspeople / shop workers
- Increase the opening hours
- Large menu boards
- drinks fridges
- fixed seating
- tables
- Fryers
- BBQ Chargrill machine
- 2 extraction systems
The business is run and managed by 1 full time and 2 part time staff members.
The business trading hours are as followed:
Monday to Saturday - 17:00pm - 23:00pm
Sunday - 15:00pm - 22:00pm
The business is located on the popular and thriving Narborough Road within the city of Leicester, surrounded by a host of independent local businesses, leading to a good level of footfall, and passing trade.
The area is well serviced with a host of local amenities being found close at hand and further benefits from an excellent public transport system in addition to excellent road links, with the A47, A6 and A5460 all within easy driving distance, which link to the national A-road and motorway networks.
The premises has excellent eye-catching signage. The interior is well presented with modern, bespoke decor and lighting. The eatery is a generous sizes with the seating area made up of fixed seating and tables.
The premises has an extremely well equipped kitchen with a bespoke BBQ grill.
There is a large cellar/dry store and the rear of the premises has a secure yard with a roof.
The premises also has a WC.
Tenure
We are advised the business is being sold on a Leasehold basis with 15 years remaining on the Lease, the rent is £850 per month.
The premises requires 9 months’ rent upfront to take over the lease in addition to the business sale.
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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.
