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Prime Sutton London Burger Takeaway Business for Sale - Established 6 Years

Sutton, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    22/12/22

  • Advert ID

    505535

  • Leasehold: £125,000 (Stock at valuation)
  • Turnover: £338,000 (£6,500 Per week)
  • Net Profit: £50,000 (15% Profit margin)

Key Features

  • Accounts Available
  • Established Business
  • High Turnover
  • Home Based
  • Offers Invited
  • Price Reduced
  • Prime Location
  • Retirement Sale
  • Small Business
  • Unique Business
  • Vacant/Empty Premises
  • Ideal for Full Refurbishment
  • Town Centre location
  • Close to Local Amenities
  • New Lease
  • Company for Sale

Business Details

Established Burger Shop takeaway Business for sale

Gourmet Burgers Business on sale in Sutton, Surrey.

A Burger shop takeaway established for six years is for sale. I have owned the Gourmet Burgers business for six months, with healthy competition in the area! It is in a prime location, town centre and on the main road in Sutton, Surrey, and the area is well served with transport links, for example, train stations nearby.

The leasehold price is £125,000, which is negotiable, and the weekly turnover is £6,500. The turnover has increased compared to the previous year. All stock fittings and fixtures are included in the price, however it would benefit from modernisation.

I am selling this established business because I am new to the food industry and running another venture with which I would like to proceed. This company will benefit from a new owner with more experience in this industry.

One has the scope of expanding the business by promoting your presence on social media and with the space available above the shop with an established scheduling working week of 11 to 11 pm, we are currently closed on Monday. We have a staff of two experienced employees and have teamed up with JustEat, Deliveroo and Uber Eats; food delivery platforms.

In addition, we are willing to offer training opportunities to the new owners if you want to get into this industry. We also have two long-term employees on board who can help with the transition. The lease is for sale with six months rent deposit in advance, and a guarantor is required for landlord terms, and new offers will be encouraged.

Contact for further information.

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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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