CONFIDENTIAL SALE > Norwich > Norfolk

SUCCESSFUL TAKE-AWAY & OUTSIDE CATERING BUSINESS: We are delighted to offer for sale this successful take-away and outside catering business located in the heart of Norwich, Norfolk. With an excellent reputation and a high weekly turnover, this business presents a fantastic opportunity for an investor or entrepreneur looking to enter the thriving food service industry. Having recently opened an outside catering side to the business, this is generating an additional c.£8,000 weekly, benefiting from several resident positions at well known businesses within the region. The sale includes the benefit of the leasehold, goodwill, fixtures, fittings, and equipment, with stock payable in addition upon completion at valuation.

THE BUSINESS:

This highly regarded take-away is known for its outstanding customer reviews and excellent reputation. The business operates with minimal owner involvement, supported by a dedicated and experienced staff of 14 members working in rotation. It features a well-equipped kitchen and an in-house delivery team to ensure efficient service and customer satisfaction. The business also boasts a 5-star food hygiene rating, further enhancing its appeal.

Included in the sale is the more recently launched catering side of the business, which is currently generating a turnover in the region of £8,000 per week. The catering business has established pop-up residencies, with further annual agreements in place. Additional events are booked throughout the year, ensuring a steady stream of income and visibility for the established brand.

PREMISES:

The take-away is housed in a leasehold property with a 20-year lease term starting from October 2019. The rent is competitively priced at £18,000 per annum, with reviews every four years. The business benefits from Small Business Rate Relief, resulting in nil rates payable. The premises are fitted with modern equipment and designed to support a high volume of orders, including online ordering through the business's own app and website.

ACCOMMODATION:

Included in the sale is a spacious 3-bedroom, 2 storey duplex flat above the take-away, offering comfortable living accommodation. This provides an excellent opportunity for an owner-operator to reside on-site or to generate additional rental income.

KEY INFORMATION:

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business - including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

REFERENCE NUMBER: R35745E.

OPENING HOURS: 5:00pm to 10:00pm Monday to Sunday. Licence to open until 12:00pm.

TENURE: Leasehold for a term of 20 years from October 2019.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

RENT PAYABLE: £18,000 per annum with rent reviews every 4 years.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 14 total staff in rotation.

EPC: The Energy Performance Certificate shows a 'C' rating and a score of 53.

PRICE: £220,000.-- PLUS STOCK AT VALUATION.

For the benefit of the leasehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.