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Listing ID: 3143534

3 Branded (National) Fast/Convenience Food Outlets For Sale

Northern Ireland, Northern Ireland

£ 240,000

Revenue: £ 701,979

Cash Flow: £ 11,076

Business Description

3 Branded (National) Fast/Convenience Food Outlets
Ref. AC360
Location : Northern Ireland
Asking Price : O/A £240,000 Inc. Stock+Net Asst
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of 3 national fast food outlets of a well-known brand. (May be sold in totality or in lots to suit).
Business Profile
Chain of 3 branded (national) fast food outlets- established circa. 13, 12 and 2 years ago respectively. The businesses for sale benefit from significant brand recognition and attendant repeat custom.
Equipment:
Shops branded, fully fitted/equipped for current use.
Key strengths:
Well recognised brand/good trading name
Prime locations
Long-established
Trained staff
Key Opportunities:
Opportunity for purchaser to acquire 3 profitable fast food outlet businesses which will require minimal training upon handover and should provide immediate positive cash flow.
There may be space for further expansion and growth, e.g. extended opening hours, more localised advertising, etc.

Property Details

Years Established:

13

Property Type:

Lease

Other Details

Premise Details:

Leasehold Mains water and electric Shuttered Alarmed Security cameras

Competition:

Discount vouchers National advertising carried out for brand Brand website Household name

Expansion Potential:

The company may grow further/increase profitability by extending opening hours (say to 9pm). Delivery is currently being tested. Proposed: A new website and remote ordering may also stimulate further growth.

Operation Details

Employees:

2 owners both employed full-time in business and with overlapping duties. 1 full-time manager 7 full-time (35+ hours per week) 4 part-time staff

Trading Hours:

Monday – Friday: 7am – 7pm. Saturday: 8am – 7pm. Sunday: 9am – 6pm. Shop 2: Monday – Friday: 7am – 7pm. Saturday: 8am – 7pm. Sunday: 9am – 6pm. Shop 3: Monday – Friday: 7.30am – 7pm. Saturday: 8am – 7pm. Sunday: 9.30am – 6pm.

Support & Training:

The vendors would be happy to stay and hand-over and are happy to provide training for an agreed handover period.

Miscellaneous

Reason For Selling:

Business partners have decided to go their separate ways.

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