Thriving Fast Food Restaurant & Take away in Cheltenham

Having established the business in 2012, the business is now offered for sale pending the retirement of our vendor client. An easily managed Mexican themed menu is served of burritos, nachos and tacos with a range of meat, vegetarian and vegan fillings, plus salads and sides of rice, beams, salsa, and hot and cold drinks.

Trading records confirm healthy sales growth generating excellent profits from eat-in and take-out/home delivery sales under the management of the proprietor who typically works a 30 hour week, assisted by a pool of full-time and part-time employees.

The business occupies a very busy trading position in the centre of the thriving and affluent Regency town of Cheltenham, on the edge of the Cotswold Hills. Situated adjacent to multiple retailers and food outlets, the business attracts custom from town residents and visitors, shoppers and office workers.

The spa town of Cheltenham is widely regarded as the ‘Capital of the Cotswolds’. This affluent town has a population of 115,700 (2011 census) and is famous for its Regency architecture. According to the AA Illustrated Guide to Britain it is said to be ‘the most complete Regency town in England’.

Cheltenham is the home of the famous racing festival held every March which is considered to be the flagship of the British steeplechase season, culminating in the world renowned Cheltenham Gold Cup attracting 250,000 spectators every year. Indeed, hardly a month goes by when there is not a festival of some description taking place in the town. The arts festival brings artists of international repute to the town, the annual literary festival is also extremely popular and the cricket festival held in the beautiful setting of Cheltenham College, is the oldest in the country. The influx of visitors to the town has a very positive impact on the local economy including the retail outlets, take-away businesses, bars, restaurants and pubs.

The mid-parade ground floor and basement premises are presented and equipped to a very good standard. The ground floor includes a 22 cover dining and servery area (590 ft.²), open-plan kitchen (165 ft.²), customer toilet and rear service yard. The basement provides an office, staff toilet and ample storage (611 ft.²).

Our client owns the freehold and will grant a new lease to the purchase of the business for a term as required of between 5 and 15 years.

Sale preference is to proceed by way of a sale of the shares in the existing limited company trading entity as this has tax advantages over an asset sale.

This is an excellent opportunity to acquire an established and profitable business situated in an excellent town centre trading location. An internal inspection is recommended - at the request of our client this must be strictly by prior appointment only through Business Partnership. Ref: AC9019SJG
Established and developing business – 3 years growth with net sales £726,409 in year ended 31/3/2022
Generating excellent profits from eat-in and take-away sales
Retirement sale by proprietor after 11 years ownership
Very busy central trading location adjacent to multiple retailers and food operators
Well-presented and equipped ground floor and basement premises
Available on a new lease with flexible terms as required
Internal inspection recommended, strictly by prior appointment only through Business Partnership