Exceptional Fast Food Shop New Forest, Hampshire, United Kingdom Advert ref: FC369SC Business description
TERRIFIC BUSINESS, WEEKLY SALES PEAKING AT £3,4000PW, IMMENSE POTENTIAL
The shop sells a range of fast foods, including lunchtime sandwiches, burgers, kebabs and pizzas, together with fish and chips. Our client acquired the business nearly six years ago; it was then being run chiefly as a fish and chip shop. He has since than seriously invested in upgrading the equipment and now offers top-quality pizzas, a service he feels could be fully exploited by introducing deliveries. Our client has decided to sell due to family pressures.
The owner informs us that the annual sales turnover is approximately £120,000 (including VAT), at a gross profit of 65 %. According to our estimates of the likely overheads, this should return a basic Operating Net Profit of approximately £56,000 for a working couple.
Our client has built up a profitable business; however, we are of the opinion that there is still immense potential for the business. This may well included a refurbishment or expanding the sales area. (FC369SC)
Trading hours: Monday to Saturday 11.30 am to 2.00 pm & then 4.30 to 10.00 pm.& Sunday 5.00 am to 10.00 pm.
Property: Leasehold
Lease terms
A new 12-year lease is offered, at a commencing rent of £14,000 p.a., with 4 yearly rent reviews.
Living accomodation
The accommodation can be accessed either from a rear service yard or through the preparation room. The flat consist of a bedroom approx. 9ft by 10ft., a lounge approx. 11.5ft by 10.5ft, a bathroom and a small kitchen. Other benefits include gas-fired central heating and garden.
Location
The business occupies a prominent position in a prosperous and affluent area of the New Forest, and is conveniently located close to petrol station, post offices, public houses and a national railway station. , With easy of access to the A31 and M3 motorway.
The shop is single fronted a window to one side of a glazed entrance door; there is a fascia board over the front of the shop. The entrance leads into well-presented sales and service area, approximately 230sq.ft, there is a chilled display cabinet in the window and the service area is equipped with drinks fridges and an ice cream machine.
|
|  | |  |
| | Financial details Asking price: £75,000
Sales revenue: £120,000
Net profit: £56,000
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
| | | |
|
