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Established Chinese Takeaway Business for Sale in Coventry, Includes Three Flats

Coventry, West Midlands
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Chinese Takeaway for sale with three flat accommodations in Coventry Photo 1
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Chinese Takeaway for sale with three flat accommodations in CoventryChinese Takeaway for sale with three flat accommodations in CoventryChinese Takeaway for sale with three flat accommodations in Coventry
  • Status

    FOR SALE

  • Date Submitted:

    02/07/23

  • Advert ID

    515978

  • Leasehold: £60,000
  • Rent: £16,000
  • Turnover: £234,000 (£4,500 Per week)
  • Net Profit: Not Applicable

Key Features

  • Retirement Sale
  • Vacant/Empty Premises
  • With Car Park

Business Details

Chinese Takeaway for sale with three flat accommodations in Coventry

A well-established Chinese Takeaway business is currently up for sale in Coventry, West Midlands. Over the last five years of its existence, the business has flourished and grown under my ownership. 

The property on offer is a leasehold priced at £60,000. The business currently has a turnover of £234,000. The asking price is open to negotiation.

Located on a bustling local road and conveniently situated near a Costco supermarket, the business benefits from significant foot traffic. What's more, there is a train station close by for easy transit. With little competition locally, the business operates in a profitable niche.

Included in the sale of the business are all fixtures and fittings such as kitchen equipment. Adding to the appeal of the business is the option for accommodation included in the sale. It comprises of three flats with four bedrooms.

The decision to sell was not taken lightly, however, I'm looking to venture into a new business area. Currently, the business operates six days a week from 3 pm to 11 pm. There are two full-time and two part-time employees working in the business, ensuring its daily operations.
   
The business has its own dedicated website and has also partnered with the popular food platform, Hungrypanda. I am prepared to offer training opportunities to the new owners to ensure a smooth transition.

For complete details about this business and an opportunity to become a proud business owner, please feel free to contact me at your earliest convenience.

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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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