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Finance And Services:

Business For Sale. 3 Branded (national) Fast/convenience Food Outlets

LISTING DETAILS
Firms For Sale ID:
35050
Vendor reference:
AC360
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£240,000  
Turnover / revenue:
£701,979
Net profit / cashflow:
£11,076
Years established:
13
Trading hours:
Monday Friday: 7am 7pm. Saturday: 8am 7pm. Sunday: 9am 6pm. Shop 2: Monday Friday: 7am 7pm. Saturday: 8am 7pm. Sunday: 9am 6pm. Shop 3: Monday Friday: 7.30am 7pm. Saturday: 8am 7pm. Sunday: 9.30am 6pm.
Number of employees:
14
Employees / staffing:
2 owners both employed full-time in business and with overlapping duties. 1 full-time manager 7 full-time (35+ hours per week) 4 part-time staff

OTHER DETAILS
Reason for selling:
Business partners have decided to go their separate ways.
Support and training:
The vendors would be happy to stay and hand-over and are happy to provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Leasehold Mains water and electric Shuttered Alarmed Security cameras
 
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BUSINESS DESCRIPTION
3 Branded (National) Fast/Convenience Food Outlets
Ref. AC360
Location :Northern Ireland
Asking Price : O/A 240,000 Inc. Stock+Net Asst
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of 3 national fast food outlets of a well-known brand. (May be sold in totality or in lots to suit).
Business Profile
Chain of 3 branded (national) fast food outlets- established circa. 13, 12 and 2 years ago respectively. The businesses for sale benefit from significant brand recognition and attendant repeat custom.
Equipment:
Shops branded, fully fitted/equipped for current use.
Key strengths:
Well recognised brand/good trading name
Prime locations
Long-established
Trained staff
Key Opportunities:
Opportunity for purchaser to acquire 3 profitable fast food outlet businesses which will require minimal training upon handover and should provide immediate positive cash flow.
There may be space for further expansion and growth, e.g. extended opening hours, more localised advertising, etc.

Expansion Potential
The company may grow further/increase profitability by extending opening hours (say to 9pm).
Delivery is currently being tested.

Proposed: A new website and remote ordering may also stimulate further growth.

Market / Competition / Non-Competition Agreements
Discount vouchers
National advertising carried out for brand
Brand website
Household name