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Business For Sale. Busy City Centre Vegan Fast Food Take-away

LISTING DETAILS
Firms For Sale ID:
34923
Vendor reference:
AF179
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£100,000  
Turnover / revenue:
£250,000
Net profit / cashflow:
Undisclosed
Years established:
1
Trading hours:
Monday Friday 8AM 7PM Saturday 9AM 7PM Sunday 11AM 5PM
Number of employees:
10
Employees / staffing:
1 Full time manager and 2 full time supervisors who are responsible for open/close shifts 3 Full time kitchen staff 4 part time staff

OTHER DETAILS
Reason for selling:
Whilst the vendor is passionate about this business he currently runs 2 other successful businesses which takes up a lot of his time. He has reluctantly come to the conclusion that he cannot give any more time towards the business which it needs to take it to the next level and to maximise the many opportunities it has.
Support and training:
Vendor will provide a comprehensive handover to ensure a seamless transition and continuity of trading, this should be relatively straight forward as it is a simple business to run.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business currently operates from ideal modern leasehold retail premises in one of the busiest areas of the city, close to transport links and benefits from very high levels of footfall.. The site has been fully refurbished at vendors expense (we are advised circa GBP 180,000 has been spent). The current operation does not utilise all the space available so there is scope to expand the operation. Current rent is circa GBP 57,000 p.a. We are advised current lease is circa 10 years.
 
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BUSINESS DESCRIPTION
Busy City Centre Vegan Fast Food Take Away
Ref. AF179
Location : Birmingham City Centre
Asking Price : OIRO GBP 100,000
This young vibrant and ethical busienss was establsihed by the vendor less than a year ago but has quickly established itself in the city centre as the destination of choice for vegan and non vegan diners looking for a healthy option to traditional fast food offerings.
The vendor , himself a vegan, identified the need for quality 100% plant based vegan fast food establishments in the city and saw there was increased demand for this type of offering so he set the business up in a prime retail location with huge potential footfall.
The business has been trading little under a year but has enjoyed excellent success to date and is consistently generating sales of circa GBP 20,000+ per month at time of going to market. It has very little in the way of true competition and is building a loyal customer following by offering tasty healthy, 100% plant based food offerings that are made responsibly.
These include:
BREAKFAST
SALADS
WRAPS
HOT FOOD
BURGERS & SUBS
SIDES & FRIES
SWEET TREATS & SNACKS
HOT DRINKS
COLD DRINKS
SANDWICHES
Everything is prepared fresh daily and the food is sourced from ethical supplers. The business utilises environmentally friendly sustainable packaging.
Regular city centre customers are drawn to it. Vegan/Veggies and carnivores alike who want healthy fresh food at a good price point.

Expansion Potential
The business has enjoyed very impressive growth in a relatively short period of time, however, it still has widespread opportunities for further growth and development as the business is just starting to build its reputation having traded for little under a year.

There is a vast range of additional complimentary product possibilities that would be superb additions to the business for increasing its sales.

The infrastructure is already in place.

The brand and reputation has been forged. The company is ideally positioned for a new owner wishing to expand the business and take it through its next natural period of growth and increased profitability. There are many avenues to develop this.

Market / Competition / Non-Competition Agreements
The company utilises social media and has undertaken adverts on Facebook and Instagram. It also has an informative website and taken out adverts in Birmingham Mail as well as having leaflets/menus.