£0 £1000000
£0 £1000000

Archived

Well Established Takeaway For Sale

Swansea, West Glamorgan

  • Asking Price: £299,995 +SAV
  • Turnover: We are advised the business generated a turnover of circa £830,000, further financial information can be made available upon request.

    Please quote reference B06835

  • Tenure: Leasehold

< 1-8 >

Enlarge

Please quote reference B06835

Hilton Smythe are pleased to have been given the opportunity to manage the sale of this fantastic business which is a well-established Takeaway and Delivery Service with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

The business was founded over 30 years ago, and the current owner has run it successfully 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, albeit reluctantly and with a heavy heart only due to the vendors wish to enjoy a well-earned retirement. He is keen to see his beloved food delivery service passed to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

Post-lockdown, our clients decided to alter their business model, to make it easier to manage. They decided that having operated online only for such a long-time during lockdown, they would keep the business online, and not return to indoor customer dining. With both our clients in their 50s, it seemed the right time for them to make this change. Our clients also had a bespoke take-away counter constructed with a small waiting area- where customers could wait for their orders. 

The business is enjoying a renaissance in popularity, and has even been compared to Notting Hill, as an up and coming “trendy” area, where there are lots of food and drink establishments. The business currently has a licence to serve alcohol up until 12:00 midnight. The business has been known as its current trading name for 30 years and is regarded as one of the cornerstones of the local community.

Our clients continue to enjoy a strong relationship with Swansea University. The Hairy Bikers once filmed an episode of their TV cookery series; Frankie Fryer filmed part of a sketch for Soccer AM in the diner when Swansea was in the Premier League. There are so many opportunities available within these premises. It could revert to being an American themed diner, or it could even become a Brasserie type restaurant, with a wine bar attached. The last 2 years, pre-covid the business was voted winners by Swansea Jack Magazine, for having Swansea’s best breakfast. During this same period, our clients were Welsh finalists in the Just Eat takeaway awards ceremony, held at the Savoy Hotel in London.

The sale will include the company website (upon request) and Facebook page, and the business enjoys great visibility on the internet via multiple websites!

Scope to improve –

  • Indoor dining could resume, the previous capacity was 142 seats.
  • The takeaway counter is only open until 4pm- this could open until 11pm. 
  • Online finishes at 8pm this could be much later.
  • The business benefits from a drinks licence sit in and online
  • Before covid our client did delivering to 4-day centres- 5 days a week (This service hasn’t been resumed, even though these 4 centres were keen to restart using their service)
  • 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
  • The diner has a very busy Sunday Lunch online trade, but the owners close at 4. The business used to open till 10pm pre covid and it was very busy, but throughout covid they reduced it to 4pm allowing them some time off as they were working seven days due to furlough of some of the restaurant staff.
Reasons to buy -

  • A well-established business with an enviable reputation and many existing customers
  • Ideal owner managed or partnership business
  • All fixtures and fittings included making this a real Turnkey business opportunity
  • Current owner happy to offer a handover to ensure the continued success
The following is included in the sale:

  • 1 double upright stainless steel fridge (brand new)
  • 8 upright stainless steel fridges
  • 1 double-door upright stainless steel freezer
  • 2 upright stainless steel single freezers
  • 2 large chest freezers
  • 1 dessert fridge
  • 1 Ben & Jerry’s Ice Cream freezer
  • 1 meat slicer
  • 1 ro-bo coupe veg prep
  • 1 potato rumbler 55LBS
  • 1 freestanding pass through dishwasher
  • 1 table top glasswasher
  • 1 blast chiller
  • 9 commercial microwaves
  • 4 free standing double fryers
  • 1 single free standing fryer
  • 1 table top fryer
  • 14 stainless steel tables-various sizes
  • 4 electric griddles
  • 2 x 6 pot table top Bain
  • 1 x 8 pot Bain Marie with heated cabinet
  • 2 commercial stick blenders
  • 1 Hamilton beach milkshake maker
  • 6 milkshake / frappe blenders
  • 1 double free standing Coca-Cola fridge
  • 1 alcohol fridge
  • 1 ice machine
  • 1 free standing hot water boiler
  • 2 cappuccino machines
  • 3 x 50 inch televisions
  • 1 milk chiller
  • 4 outside tables & 10 chairs
  • 3 tables & 10 chairs for indoor takeaway area
Hilton Smythe highly advises early enquiry to avoid disappointment

This great business is likely to attract considerable interest.

The business is run and managed by 8 full time and 8 part time staff members and 10 self employed drivers.

The business trading hours are as followed:

Monday to Saturday - 09:00am to 20:00pm

Sunday - 09:00am - 16:00pm

Takeaway counter open until - 15:00pm

 

The business occupies a highly prominent trading position on the High Street within Swansea.

This location is one of the most desirable locations for such a business- looking to attract a high customer footfall throughout the day and night.

Swansea is a thriving coastal city on the south coast of Wales, it is the second largest city in Wales.

PRE-COVID:

As you walk through the front door, you encounter our front section, where there is capacity for 32 seats. After this, there is a counter where customers queue to order their food and beverages. After the counter, there is what we call a MIDDLE SECTION, where there is a capacity for 44 seats. Following that, on the right-hand side, there is a large open plan kitchen; and on the left-hand side, there was seating capacity for 58 seats. Then, at the very bottom section of the premises, there was 1 large table for a capacity of 8 people to sit, and a small storeroom for drinks storage. Just after this table, there is an exit, which leads outside to an oil storage area. There is also an area where all our waste trolley bins are stored, next to onsite parking bays. Next to this were the toilets – ladies, gents and disabled. Parallel to this, there is a walkway into our pot-wash area, which then links into a 2nd prep kitchen area, with a small storeroom, leading off it, which then links into the main kitchen itself.

POST COVID:

As you walk through the front door, there is a waiting area with 12 seats, and a section for online takeaway collections. Our client constructed a bespoke takeaway counter, where customers can place and collect their orders. After the counter area, the OLD counter is still there, which itself was bespoke to when we operated indoor dining, and housed our espresso machines, slush machines, etc. The ice machine is still in operation here, as well as a fridge selling alcohol. The MIDDLE SECTION, which used to seat 44 people, is now used for storage of our delivery bags, and all the takeaway containers, lids, cups, trays, etc. The BACK SECTION, which used to seat 58, now comprises a packing area, and a large area where milkshakes, smoothies & frappes are made.

Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the renewable Lease, the rent is £4,513.86 per month.

 

Find your dream business

    Sales Negotiator Photo

    Tommy Sweeney

    Sales Negotiator

    Need help to find your dream business?

    Our buyer matching service can help, sign up today.

    Similar Businesses For Sale
    • 15

      Award Winning Restaurant/Events Venue with Caravan Park

      Stafford, Staffordshire

      £995,000 +SAV

      Discover Business
    • 2

      Extremely well established Cafe & Coffee Shop for sale

      West Glamorgan

      £95,000 +SAV

      Discover Business
    • 9

      Highly rated Chinese/Cantonese restaurant for sale

      Swansea, West Glamorgan

      £54,995 +SAV

      Discover Business

    15

    Award Winning Restaurant/Events Venue with Caravan Park

    Stafford, Staffordshire

    £995,000 +SAV

    Discover Business

    2

    Extremely well established Cafe & Coffee Shop for sale

    West Glamorgan

    £95,000 +SAV

    Discover Business

    9

    Highly rated Chinese/Cantonese restaurant for sale

    Swansea, West Glamorgan

    £54,995 +SAV

    Discover Business

    Popular business searches in the UK