Busy Mediterranean Takeaway in East Sussex

Hove, East Sussex
REF: R07386

Asking Price:
£59,995
Annual Turnover:
£78,000
Annual Net Profit:
TBC
REF: R07386

Overview

Tenure:
Leasehold
Established:
2018
  • Great location
  • Newly refurbished premises
  • No similar takeaways locally
  • Returning customers
  • Large growth potential

The business for sale is a popular Mediterranean takeaway based in East Sussex.

Since 2018, the business has been offering a wide range of favoured takeaway foods, including burgers, pizza, pasta, falafel, shawarma, wraps and fried chicken.

Operating from a newly refurbished premises in a bustling location, the business benefits from a returning customer base. Now only up for sale for family reasons, the business requires a new owner to lead it to future success.

The business has an A3 Licence and is for sale on a leasehold basis.

Offering a wide range of fast food, this Mediterranean is frequented by locals and language students daily, with Language students vouchers, paid for by Language School International (LSI).

Operating from a newly refurbished premises, the takeaway has all the space and equipment necessary for it to run smoothly. Entered via the high street, customers immediately step into the spacious ordering area, with seats for 12 customers, a counter and overhead menu directly ahead. Beyond this there is a fitted kitchen and prep area, with a toilet and stock room past this. There is a yard out the back where food deliveries are taken or given to food couriers.

Present on Just Eat, orders can easily be placed online by customers, with a timely delivery service. There are also numerous reviews on TripAdvisor which boast the takeaway’s excellent food and service.

This is a great opportunity to acquire a modern, unique Lebanese and Mediterranean takeaway with a prominent location and regularly returning customer base.

Ideal for either a first-time or highly experienced buyer, a new owner could look to make changes which would drive the business’s profitability forward.

The new owner could look to increase the delivery radius to outside the immediate area to solidify additional sales. Increasing hours past 11pm would accommodate late night trade and enable the business to compete with other takeaways in the area. Creating a website and social media pages would also afford the business more exposure and perhaps draw in a new group of customers.

The current owner would be willing to stay on for a transitional period to hand the business over smoothly.

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  • High street location
  • High level of passing trade
  • Positioned on a busy bus route
  • Parking nearby
  • Student accommodation nearby
Rent
£14,500
Rates
TBC
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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