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8970NG NOTTINGHAMSHIRE LEASEHOLD: £65,000 FAST FOOD FRANCHISE
Asking Price:
GBP 65000
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Business Location:
United Kingdom » Nottinghamshire » NOTTINGHAMSHIRE
Category:
Food
»
Cafes & Restaurants
Description:
Advent Business Sales are pleased to offer to
the market this well established Wimpy fast
food franchise for sale.
The going concern has been trading in the
same location for the last 40 years, with the
current owner at the helm for the past 4
years. The vendor has now decided to retire.
The business provides a good range of fast
foods including:
• Breakfasts (traditional and all day)
• Burgers and chips
• Panini’s
• Hot and soft drinks
• Ice creams and desserts
• Children’s menu
There are 58 covers internally, 16 externally
including 8 undercover (which provide
outdoor smoking facilities).
Three Saturday girls, two staff at 18 hours
each, 1 staff at 30 hours and the husband
and wife owners staff the business.
The premises and the kitchen have been well
maintained.
The opening hours can easily be increased as
there is demand for breakfasts prior to the
opening time of 9am. Also evening openings
would general further trade.
A new, younger enthusiastic owner, willing
to increase trading hours would benefit
tremendously.
The vendor has informed us that the
franchisor has had some new recent policy
changes, which will result in higher gross
margins.
In addition, the franchisee’s can fix their
own prices (subject to head office approval)
as well as their own bespoke menu’s with
own individual prices.
REF: 8970NG
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Financial Information:
Annual gross sales: (GBP)
120331
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
2004
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Number of Employees
:
06PT
No of trading hours:
Mon-Thurs: 9am – 5pm Fri-Sat: 9am – 5.30pm Sun & Bank Holidays: 10am – 3pm
Reasons for selling:
The vendor has now decided to retire.
Contact Seller Now
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