Mailbox Estates are delighted to welcome to the market an opportunity to acquire a Chinese takeaway and noodle bar Franchise.
The Chop and Wok Franchise has nine major stores with many more new and exciting stores opening very soon across the UK.
The store offers a a wide range of cuisines such as Pan-Asian, Thai, Indian, Malaysian and Japanese leaving its customers spoilt for choice. Cooked in a live 'food theatre' where all is visible while catering for all by offering a super healthy choices including low calorie and oil free options since 2009.
There are no start up fees for the new franchisee, this will be paid by the vendor as a gesture of goodwill. Royalties of £300.00 per week.
REASON FOR SALE: *Our client reluctantly sells this business due to other commitments that require their full attention.
THE OPPORTUNITY: * Established Franchise since 2009 * Open only five hours a day! * Low Rent and no business rates * 5 star food Hygiene Rating * Perfect trading position with large loyal customer base and repeat trade * Halal registered * Current owner happy to offer a handover to ensure the continued success.
TURNOVER: * We have been advised that the current turnover is on average £6,500 per week. * The business currently uses Just Eat, Uber Eats and Deliveroo.
RENT: The rent per month is £800 or £9,600 per year.
LOCATION: * High Street location with neighbouring businesses such as a Select and Save supermarket, hair salon and other well know high street names. * The store is well presented and maintained, with clear visible signage.
STAFF: *The store is run under management of four part time staff and two drivers.
EXTERNAL: * Private garden to the rear for staff or owner parking
SHOP FLOOR PLAN: Ground floor - shop sales area of approximately 71 Sq M (764 Sq.ft) *Kitchen *Prep room *Staff WC *Storage room
ACCOMMODATION: * There is no accommodation included.
TENURE: *The site is offered by way of the transfer with a new 7 year lease.
TRADING HOURS: * Monday - Sunday 5:00pm - 10:45pm *The store is licenced to open earlier if required.
FIXTURES AND FITTINGS: The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
BUSINESS RATES: * There are no business rates payable. * Purchasers should enquire with relevant local authorities to confirm the rates payable..
LEGAL COST: * Each party to be responsible for their own legal costs in connection with the sale. * Landlord's legal fees are the buyers responsibility.
* Please note, as this is a confidential sale, the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.
DEPOSITS: * Successful bidders will be required to pay a non-refundable deposit to the marketing agent, Mailbox Estates. The deposit will be set off against the agreed purchase price on completion of a sale. In the unlikely event that the vendor withdraws from a sale, deposits will be repaid in full.
However, in the event that a purchaser reneges on the agreed terms and conditions of a sale and purchase, the deposit/s will be forfeited
Viewing is highly recommended, strictly via AGENT ONLY.