Property Information
Address:
West Bromwich, West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489329
Property Ref/Agent: 2317-well-established-takeaway-in-west-bromwich-west-midlands-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this popular takeaway business in the busy town of West Bromwich, West Midlands. The business was established in 2002 and has been in our client's careful ownership since 2003. Only now is the business being offered to the market due to our client's desire for a change of career. The business operates 6 evenings a week and generates a turnover in the region of 234,000 per annum, with a gross profit of approximately 66%.
Our client offers a range of hot takeaway food including a wide range of pizzas, wraps, burgers and meal deals, as well as a local delivery service. We are advised that 70% of the trade is from the local delivery service. The business has built up an enviable reputation within the area for the high quality of the food and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals. The property is well-maintained and presented to a very high standard, as well as benefitting from a first floor flat, which could be used as owners' accommodation or let out to generate further income.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening 7 days per week, as well as opening at lunchtimes. The business would also benefit from a small marketing campaign to promote the business and the services offered. A new owner could also launch a website for the business to advertise the goods offered. This is an excellent opportunity for a new owner to take this popular and thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.TENUREWe are advised Leasehold:
New lease to be negotiated.
Rent: 9,600 per annum.HOURSThe business is open:
Monday: 5.30pm - 12.00am
Tuesday: Closed
Wednesday - Sunday: 5.30pm - 12.00amSTAFFThe business is owner run and managed with family members and delivery drivers.FINANCIAL PROFILEThe business generates a turnover in the region of 234,000 per annum, with a gross profit of approximately 66%.
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