Hilton Smythe welcomes to the market the takeaway known as My House in Belle Isle on the outskirts of Leeds.
The owners established the business 2 years ago originally as a café and takeaway but now it is run solely as a takeaway. Our clients are now reluctantly selling for family reasons.
The menu includes pizzas, burgers, kebabs, chicken, steak, milkshakes, ice creams, waffles, cake and cold drinks.
It uses the services of Just Eat and delivers locally. Deliveries form 90% of trade.
The business is situated close to large residential areas.
The business has a 4 star food and hygiene rating.
The overheads and running costs are low.
The business is clean and tidy.
We are advised there is little competition in the area.
There has been good steady growth in the 2 years since opening.
It is believed further growth can be achieved by increased drive and enthusiasm, advertising, opening longer hours and additions/changes to the menu.
This is a tremendous opportunity for a new owner to buy and develop a young but already successful and busy business with a great reputation.
TENUREWe are advised that the premises are held under a Lease of which 3 years remain AS OF 2017.
Rent of £400 per month includes electricity.
We understand that the Landlord is willing to enter into negotiations for a new Lease.
HOURSSunday to Thursday: 5 pm to 10pm
Friday and Saturday: 5pm to 11pm
STAFFThe business is run by the 2 owners and 2 members of staff plus 2 delivery drivers.
Staff costs are approximately £600 per week.
FINANCIAL PROFILEWe are advised that current turnover is approximately £3,000 per week with a gross profit of up to 60%.
The business is presently exempt from business rates.
The rent includes the cost of electricity.
The business carries about £750 stock.
My House is situated in Belle Isle on the outskirts of Leeds.
This takeaway runs from a shop attached to a detached residential house.
My House is perched up steps overlooking a large public parking area and the busy Belle Isle Road. The business is very noticeable.
It is in close proximity to the M621 and other major highways.
The business is also close to large residential areas; from which the takeaway derives much of its trade.
The business is run from a ground floor one storey semi-detached building adjacent to a residential house.
The premises have been refurbished and converted by our clients.
Access to the building via a flight of steps. The front access is through a paved area with seating for clients or staff.
The public area has service counters and display units facing. Behind the counter is a good-sized service area. There is a large, well fitted kitchen and preparation area behind. There is a good sized utility area with WC at the rear.
The rear side door leads down to a garage fitted out for an office but used for storage at present.
The premise has security shutters and 4 corner CCTV.
The sale includes the following equipment-
2 x fryers
2 x griddles
Stone bake 8x12inch pizza oven
Soft scoop ice cream mixer
3 x waffle makers
6 x fridges
3 x freezers
Stainless steel tables and work surfaces
2 x extractor fans
4 corners CCTV system
The owner values the assets at £7,500 approximately.
The asking price has been substantially reduced for a quick sale.
The floor space as of the VOA website is circa 34.00m2.