Restaurant/cafe for sale in Slough, England, United Kingdom SL1

£299,995
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Restaurant/cafe for sale

Property description

Business
Please quote reference B07451

CoGoGo are delighted to welcome to the market Five Lads, a highly rated restaurant franchise opportunity in Slough, Berkshire.

The business was first established by our client in 2021, building up an excellent reputation and regular client base during its short time of trading. As seen by the many online reviews and ratings, the business is extremely popular within the local community.

This business opportunity as now come to the open market due to our clients desire to move on.

Five Lads is restaurant franchise opportunity uses the finest fresh ingredients to ensure the quality is consistent every time. Together with their signature Peri Peri chicken, marinated in their secret recipe along with a choice of Gourmet burgers, there is something for everyone.

Key selling points -


  • Excellent location

  • Newly renovated with new equipment

  • Would suit a partnership or family run business.

  • 5 star hygiene rating


Scope for further growth -


  • Push advertising and marketing

  • Leaflet/Menu drops in the local area



Location
Five Lads is located on Farnham Road in Slough, Berkshire.

The business has attractive eye catching signage, receiving high levels of footfall and passing trade.

Premises
Upon entrance is the main service area with seating for 20+.

Counter with til systems and large menu boards.

Rear kitchen and preparation area fully fitted stainless steel worktops and equipment.

Easy clean flooring and wall coverings/

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 20 year lease, with a 10 year break clause. The current rent is £29,000 per annum.

Hours
The current trading hours are -

Monday to Sunday - 11:30 - 23:30

Staff
We are advised that the business has 4 full-time and 3 part-time staff members.

Financial Profile
We are advised as per the 2023 accounts (11 months), the business generated a turnover in the region of £300,000 and the kit is £170,000. Further financials can be made available upon request.

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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