For Sale

Fast Food Take Away In Prominent Location

Worthing , West Sussex

£149,995 +SAV

Ref: B04664

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe welcomes to the market Delice Peri Peri, established by our client in 2016 and now offered for sale due to other new business interests.

Our client invested approx £100,000 in creating a modern, well equipped and successful takeaway led business which currently averages at between £7,000 - £8,000 per week.

The business is predominantly local deliveries and takeaway with around £3,500 coming from the Successful ‘Just Eat’ site, £1-1,500 from their own website and £500 from telephone orders. The balance of sale is derived from customers walking in.

Of the 466 reviews on the Just Eat site, the business enjoys a 5 / 6 review scores.

The menu focuses on Peri Peri chicken including a choice of fried chicken menu options.

There is an excellent choice of

• Appetisers
• Mains
• Wraps and pittas
• Burgers
• Salads
• Platters
• Extras
• Sides
• Cold drinks including milkshakes
• 11 meal deals
• Fried chicken including wings, nuggets and strips
• Deserts
• A kids meals menu

Our client informs us extending the menu to include kebabs would boost current sales as well as extending the hours at the weekend. Very little advertising is undertaken, and a simple new leaflet drop within the area would easily attract new customer, introducing a customer loyalty card scheme and local business discount would promote more repeat business levels.

This is one of very few takeaway units on the High street and thus early viewing is recommended.

Tenure

Leasehold

We are advised the business is been sold as a Leasehold opportunity with 12.5 years remaining on a 15-year renewable Lease with annual rent paid at just £12,500.

The business currently benefit from being business rates exempt.

Hours

Open Monday to Sunday (7 days a week)- 12.00 pm – 11.00 pm each day

Opportunity to extend opening hours at the weekend.

Staff

The business is run and managed by our client with 4 x part time staff working within the unit and 2 x part time drivers.

Financial Profile

We are advised the 2018 accounts will show a turnover in the region of £390,000 per year with an adjusted net profit of approx £78,000.

Location

Delice Peri Peri enjoys a central trading position on Goring Road in Goring, West Sussex.

This a very busy parade of local shops with businesses positioned on both sides of the street, there is a healthy mix of High St Banks and Building societies, branded stores such as Boots, Costa and the Co Op as well as independent stores, restaurants, takeaways and bars.

Goring-by-Sea as it is affectionately known is a neighbourhood of the borough of Worthing about 2 miles West.

The area is extremely popular with families and retired people, commuters into both nearby Brighton have relocated here and there is regular train service from Goring station into central London in just over hour and half.

There is free parking in both the High street and neighbouring side streets.

Premises

Contemporary and modern shop front with bright orange and green lettering on a distinctive black background with full length windows, central access door which is wheelchair friendly. All areas tiled to wall and floor.


Customer Dining / waiting area:

• 3 x white tables
• 6 x orange chairs

Service counter:

• 2 Till points
• ‘Just Eat’ ordering terminal
• Delivery telephone
• Card machine
• Slim glass fronted drinks fridge
• Milkshake maker
• Fresh orange squeezer machine
• Under counter storage
• 2 shelf glass fronted heated pass through display unit.

Prep area:

• Chip warmer and service tray
• Large ceiling extraction unit
• Double fryer
• Large bonnet griddle
• 2 stainless steel heated drawers
• Triple undercounter chiller
• Chicken prep table
• 2 stainless steel prep tables
• Microwave
• Storage cupboard
• Chest freezer

Staff toilet

Rear Prep kitchen;

• Fastron chicken fryer
• Peri Peri steamer oven
• Prep sink unit
• Hand wash sink
• Extraction unit
• Wall mounted storage shelving.

Storeroom:

• Dry storage shelving
• Walk in chiller

Very large storage garage:

• Tall brick-built building with roller shutter.
• Used for additional equipment storage
• 2 chest freezers

Secluded rear yard and bin store

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