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Fried Chicken And Takeaway In Washington For Sale

Washington, Tyne and Wear
Asking Price:
£49,950 Furniture / Fixtures included
Sales Revenue:
£200K - £500K
Cash Flow:
Available on request

• Strong levels of weekly sales.
• Spacious service area with table and bar seating.
• Main parade location in busy secondary shopping area.
• Mixture of sit-in, collection and delivery trade.
• Very high standard fit and finish
• Leasehold offers in the region OF £49,950 to include all fixtures.

Property information

Property:

Leasehold

Lease Terms:

We are verbally informed that the premises are held on a 15 year lease from 2009 at a passing rent of £14,500 per annum. Interested parties should seek legal confirmation of this.

Leasehold Rent:

£14,500 per annum

Location:

This opportunity comprises an established franchise business located close to the town centre of Concord which is a busy suburb to the north of Washington town centre. Concord is easily accessed via the A182 (Washington Highway) and the A1231 which effectively links the A1 and the A19 Trunk Road.

Premises Details:

Our client has successfully traded under this ‘franchise banner’ from this location for 9 years. However, due to a change in circumstances, the owner has decided to test the market.

The premises are configured to provide a good sized service area together with table and bar seating plus an extensive preparation area to the rear. The fit and finish of the premises is to a very high standard and are immaculate throughout which is reflected in the 5* Local Authority Hygiene Rating. To the upper floor there is additional storage space and externally there is a large yard area with direct access from the street.

The business appears to be very popular with locals and has strong levels of feedback via social media.

Premises:

Comprises a two storey self - contained property. Accommodation;

Ground Floor circa 1,200 sq.ft. (110.3 sq.m.)
Service / Seating area with electric roller shutters, circa 16 covers incl. table and bar seating, displays, counter and computerised ordering system.
Kitchen / Prep area with Hot plate, pressure fryer x 2, chip scuttle, chip fryer x2, bain marie, kebab stick, extraction system, griddle, pizza oven, chiller, walk in chiller, freezers / fridge and commercial sink.

First Floor circa 386.4 sq.ft. (35.9 sq.m.)
3 x Store rooms
W.C. / Shower room

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Trading hours:

Mon, Tue, Wed, Thur & Sun 5.00pm – 11.30pm
Friday & Saturday 4.30pm – 2.00am

Employees:
The business is currently operated by family members with additional help from 3 staff.
Years established:
9 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The business is available with or without the franchise. Transfer costs are circa £8,000 and monthly costs are 4% of monthly turnover or £250 per month, whichever the greater.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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