Small Successful Chinese Takeaway in Preston

Preston, Lancashire
REF: R07204

Asking Price:
£269,950
Annual Turnover:
£57,333
Annual Net Profit:
TBC
REF: R07204

Overview

Tenure:
Freehold
Established:
1995
  • Loyal customer base
  • Central location
  • Substantial 5 bedroom living accommodation
  • Friendly, efficient service
  • Potential for growth

This is a small yet popular Chinese takeaway situated in a bustling part of Preston.

Serving a range of favoured Chinese dishes for over 20 years, the business has experienced a consistently high number of orders since inception. With a regular customer base in place, as well as an accessible position within a residential area, the takeaway generates a healthy profit year on year.

With all equipment included in the sale, alongside large, comfortable living accommodation, the business would make an ideal proposition for a current owner-operator of a takeaway looking to expand their portfolio.

Serving a variety of Chinese dishes from won ton soup, dim sum, fried rice and chow mein dishes, the takeaway has gained well-deserved recognition for its tasty, affordable dishes.

The business operates from a compact shop entered from the main road. There is a large counter and food display directly ahead used for customers to place orders. Behind is a purpose-built kitchen with gas fired wok burners and various other kitchen appliances. There is a store room, toilet and another prep room, as well as a connecting room to the living accommodation. The five bedroom living accommodation with a bathroom, kitchen and downstairs living room would be suitable for an owner and family to occupy.

All equipment is included in the sale, such as fridges, freezers, microwaves, burners, display stands and a cooker.

There has been little need for advertising thanks to the takeaway’s loyal customers, however the business does operate a website displaying its menu, opening hours and special offers.

This is a great opportunity to acquire a successful Chinese takeaway with a large customer base and substantial five bed accommodation ideal for an owner’s family.

Now only up for sale due to the owner relocating, the business could be developed by any interested buyer. Extending opening hours and increasing marketing through online platforms and local advertising would help gain new customers and increase revenue. Introducing a delivery service through Deliveroo or another third party food courier would also allow for more orders to be taken and a higher profit.

The current owner would be willing to discuss a transitional period to bring the new owner up to speed with business operations.

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  • Based on a main road in Preston
  • Ample exposure from passing cars
  • High footfall
  • Free parking
Rent
N/A
Rates
TBC
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£235,000
Planning
TBC
EPC
C 51-75

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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