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Manchester Fast Food Takeaway/Restaurant in Prime Location with High Turnover and Growth Potential

City of Manchester, Manchester
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Fast Food Takeaway / Restaurant - Prime Central Manchester Location Photo 1
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Fast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester LocationFast Food Takeaway / Restaurant - Prime Central Manchester Location
  • Status

    FOR SALE

  • Date Submitted:

    05/04/24

  • Advert ID

    609283

  • Reference

    BVS2311297 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £300,000
  • Rent: £40,000
  • Turnover: £1,100,000 (£21,154 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Unique Business
  • Offers Invited
  • High Turnover
  • Prime Location

Business Details

Fast Food Takeaway Restaurant Prime Central Manchester Location

Introducing for Sale: Bird of Prey, Manchester. A well-established, employee-managed, gourmet fried chicken restaurant and fast-food takeaway, located on Charles Street, in the centre of Manchester within the regenerated former BBC site off Oxford Road. Based in Circle Square is a vibrant new neighbourhood home to a range of restaurants, shops, bars and digital / technology businesses, in the heart of Manchester’s innovation district, Bird of Prey occupies a prime location underneath Vita Student accommodation (luxury accommodation with over 500 rooms, and a bustling community).

Featuring the only al fresco dining in the Square, with an outdoor parasol covered seating area, Bird of Prey has quickly become one of Manchester’s best known and highly rated fast-food restaurants. With a following of over 11,000 on Instagram, all gained organically, it’s no exaggeration to say BOP has taken the city by storm! At the centre of Circle Square lies Symphony Park, an award winning unique green space. There is a huge amount of footfall and passing trade and the Square is one of Manchester’s most highly sought-after locations.

The Opportunity

Boasting sales of over £1,000,000 / annum, a prominent, striking brand, self-sufficient operation with a full compliment of staff, including two managers (one front of house, one kitchen), Bird of Prey has built the systems, structure, and reputation for a new owner to take over the business and take it forward in to the future, with huge scope and potential to both increase sales within this flagship store, and roll out additional stores or franchise the business, using the successful blueprint currently utilised in Manchester city centre.

Currently the business sales are approximately 85% in-store, with only 15% of sales online through third parties such as Uber eats, which gives huge scope to increase revenue significantly through focussing on delivery / online sales.

The business is licenced to operate until 11pm Monday – Wednesday, 1am Thursday – Saturday and 12 midnight on Sunday, although there is much demand for food to be delivered beyond these hours, hence there is currently an application underway to extend the license to trade until later.

Key Information

· Efficient and effective operation, with a management team in place, enabling a new owner to take over in a hands-off capacity.

· £1,000,000 turnover with scope for significant growth through extended hours, additional focus on deliveries, and franchising or replicating the brand in other locations

· 11k Instagram followers, 1.3k Google reviews (4.8* average), excellent media coverage and reputation

· Oxford Road foot-fall: 85,000 weekly

· University Students in Manchester: 120,000 (*statista, 2022)

· Nearby office workers: 63,000 (*source: circlesquaremanchester.com)

https://thebirdofprey.co.uk/
https://oxfordroadcorridor.com/venues/
https://oxfordroadcorridor.com/venues/bird-of-prey/ https://circlesquaremanchester.com/
Voted Top Fried Chicken Burgers – National Fried Chicken Burger Day:
https://www.instagram.com/reel/CkvcXYljqI6/?igshid=MzRlODBiNWFlZA==

Viewing is strictly by appointment only. For further details and more information, please contact Vincent Stevenson at New Broad Street – [email protected]

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Fast Food Takeaway Restaurant Prime Central Manchester Location - BVS2311297 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.