Sold
Well respected Mexican takeaway in St Neots for sale
St. Neots, Cambridgeshire
- Asking Price: £59,995 +SAV
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £115,000. Full financials can be made available upon further request.
Please quote reference B06695
- Tenure: Leasehold
Please quote reference B06995
CoGoGo welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an authentic, well-respected and popular Mexican takeaway.
Mexica has been under the careful and meticulous ownership of our client for a number of years, building up an enviable reputation within the local area and is a true testament to the hard work and dedication from the current owners, resulting in the high calibre of business on offer. The business is now being offered for sale due to our client’s imminent relocation, and they are keen to see the business pass to someone with the same dedication to take the business forward.
The business offers traditional and authentic Mexican fayre including a variety of popular dishes such as Tacos, Quesadillas, Burritos and other Mexican delights that can be collected in store or for home delivery. The business operates with 4-5 kitchen/serving staff plus 1-2 delivery drivers. It must also be stated that the business operates on limited trading hours leaving plenty of scope to increase turnover, and further benefits from being the only Mexican food outlet in the town.
We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, along with the promotion of the dedicated website where customers can either click and collect or order for delivery, along with the introduction of some further lines to the menu, along with extending the operational hours and offering an outside catering service for private events.
This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive potential income stream.
A tremendous opportunity to own this well-established and popular business, with the current owner happy to offer a hand over period. Early enquiries are highly recommended to avoid disappointment.
We are advised that the business has 1 full-time and 6 part-time members of staff.
The business hours are -
Monday – Closed
Tuesday – 17:30 – 20:00
Wednesday – 17:30 – 20:00
Thursday – 17:30 – 20:00
Friday - 17:30 - 21:00
Saturday – 17:30 – 21:00
Sunday - Closed
The business is located in the centre of the popular and thriving Cambridgeshire town of St Neots and is surrounded by a host of complementary local businesses, leading to a good level of footfall and passing trade, in an area that is well known for hot food takeaway services.
The growing town of St Neots is very well serviced in terms of local amenities with plenty of recreational and retail facilities being found close at hand. The town also benefits from excellent road and rail networks, with London being only 45 minutes by rail.
The well-presented premises are well-located in an area known for hot food outlets. Situated in a ground floor, end of terrace unit and comprising, main ground floor area approx. 30sqm, divided into kitchen and serving areas
Kitchen: Wash-up area with 2 sinks; prep area with 2 fridges, 3 prep tables, hob, griddle, and extractor hood.
Serving area: Large counter with drop-in units for hot holding and cold display.
The premises further benefit from a staff cloakroom and WC area along with a dedicated car parking space to the rear.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 6 years remaining on the 10 year lease. The rent is £1,000 per month.
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