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Buying a Takeaway or Fast Food Restaurant the Hilton Smythe Way

Burgers & Puds seeks new owners who are hungry for success.

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We’re a nation of fast food lovers

Which means the takeaway sector is worth investing in.

If you want to expand your takeaway empire or are considering a move into the fast food industry, find out more about the industry below. We’ve sold hundreds of takeaway restaurants to buyers just like you, so feel free to ask us anything.

The food and service industry overall has experienced a boom in recent years, but the takeaway and food delivery sector has boasted extreme growth which is expected to continue. Demand for takeaways has risen – is eating in the new eating out? Younger people are more likely to buy food prepared outside of the home, so as they age, the market for fast food keeps growing.

Fast food delivers fast profits

There are now over 36,000 takeaway outlets in the UK catering to a wide range of tastes. From fish and chips Fridays to a family curry on a Saturday night, a broad range of cuisines are on offer including Chinese, Thai, Indian and Italian. The Takeaway Economy Report revealed that spending on takeaway food grew by 35% from 2009 to 2016. Total spending on takeaways in the UK is predicted to reach £11.2 billion in the next five years.

Walk down any local high street and you’ll see a number of takeaways offering pizza, curry, fried chicken and Chinese meals. By offering tasty, good quality food to be collected or delivered, takeaway businesses in the right area can thrive.

Who is it suited to

Although many takeaways are family-run businesses, you don’t need to be an expert in a particular type of fast food to own a takeaway. This type of business is suited to somebody who is experienced in food or hospitality and understands the convenience market. However, it’s not essential to have a background in food – you might just know a good deal when you see one!

Any entrepreneur can buy and run a successful takeaway business as long as they conduct market research and can provide quality goods and services. If you’re not interested in cooking the food yourself then you’ll have to be confident you can find reliable and skilled staff to help build your reputation – and wages will also cut into your bottom line.

Financing your takeaway

Buying a business is a lengthy and complex process, but as the UK’s leading broker we strive to make it stress free. This starts with approaching lenders on your behalf and ensuring you can borrow the capital you need to make the purchase.

Hilton Smythe Financial Services was established to help our buyers with the daunting prospect of applying for a commercial loan. Our experts will guide you each step of the way and offer honest financial advice.

Are you ready to find your perfect takeaway? Browse all of the takeaways currently for sale in the UK, and get in touch if you think you’ve found the perfect business opportunity.

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