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Takeaway for sale

The Square, Nuneaton, Warwickshire, CV11

Under Offer £99,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A5 Hot Food Take away

Key features

  • Well established
  • Easy to run
  • Great reputation
  • Proffitable
  • Scope to increase turnover

Full description

Tenure: Leasehold

Location

This outstanding concern is located in village of Attleborough Green in Nuneaton, Warwickshire. It's prominent high street location makes it very easily accessible to passing and local trade and the area in general is densely populated with plenty of housing, retail and industry.

Financial information

Asking price: 99,950 plus SAV
Turnover: 202,240 per annum
Stock value: 2,000

Leasehold

Original term: 5 years
Remaining : 3 years
Rent: 7,800 pa
Rates: 569

Opening Hours

Monday - Saturday - 7.30am - 1.30pm

Business Description

Veritas Business sales are privileged to offer to the market this well established sandwich bar and outside catering concern. The business has been established for over 25 years and been in the careful hands of the current owners the the past 13 years. Reluctantly this is being offered to the market but a well deserved retirement is long over due.During my clients ownership they have continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price ,which is a huge plus for a new owner as additional funds will not need to be spent for some time. The business has an annual turnover of 202,240 net of vat with a gross profit of 103,481 and boasts an attractive net profit. They offer a fine selection of hot and cold sandwiches, baguettes, salad boxes, jacket potatoes and sundries as well as lunch buffets and a sandwich delivery round. The business is owner operated and is supported by 6 part time members of staff. We believe that there is further potential to increase turnover by increasing the trading hours and introducing Sunday opening should any new owner feel the need. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Ground floor retail comprising

Small seating area
Serve over chiller counter with sales till
Epos computerized ordering and labeling system
Drinks fridge
Double fridge

Preparation area comprising

Work tops
Fridges X 3
Combi oven X 2
Extractor hood
4 pot wet bain-marie
Freezer

Washing up area comprising

Double sink
Wash basin
Fridge freezer
Microwaves X 2

W/C with wash basin
Storage cupboard

First floor

Store room with 2 x freezers and fridge freezer
Loft space with additional storage area

External

Small rear yard with bin area


Map & Street View

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