Restaurant/cafe for sale in Peckingham Street, Halesowen B63

*Freehold and Leasehold options*

City Business Brokers are pleased to bring to the market this well-established Fast Food Takeaway business. There has been a fast food/restaurant outlet at this location for 20 years and this is a great opportunity to purchase a popular business which was established by our client 2 years ago and has been in his careful ownership ever since. The business only now comes onto the market due to our client’s wish for retirement.

• Freehold or leasehold options
• Great location
• Complete refurbishment
• Massive scope for growth

The business is located on a busy, pedestrianised shopping area off the main High Street, with good footfall, consisting of complementary shops and businesses in the bustling and popular town of Halesowen.

The business offers authentic Greek food cooked over charcoal and sells a huge variety of fast foods including sides and appetisers, salad boxes, kids meals, cakes, milkshakes, hot and cold drinks, burgers, gyros, souvlakia and boxed meals. A dine-in or collection service is offered along with deliveries using JustEat, UberEats, Deliveroo and foodhub.

The business has a website and a social media presence on Facebook.

The ground floor premises have recently been tastefully refurbished and a valuable inventory of fixtures, fittings, furniture, and equipment is included in the asking price. This beautifully-presented establishment has the benefit of free town parking nearby.

• Trading hours: Currently closed
• Staff: 2 Full-time
• Rent: £12,000 per annum
• Lease: 5 years remain on the current lease and a new lease will be made available
• Turnover averages £2,000 per week scope for growth

This is a well-established business with considerable potential for growth by extending the opening hours, extending the products on offer and boosting online and social media presence. The business could also be run as a fish and chip shop, pizzeria, etc.

Note: The landlord is looking for a tenant or someone by buy the freehold, the leasehold asking price being £45,000 and the freehold asking price £325,000.

We feel the business should be owner-run (couple) to maximise profit. Viewing is highly recommended.

A full profile is available once a non-disclosure agreement has been signed.

All enquiries to City Business Brokers.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

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