Restaurant/cafe for sale in Colchester, England, United Kingdom CO1

Business
Please quote reference B07747

CoGoGo are delighted to welcome to the market The Malt Peri Peri, a highly rated takeaway in Colchester, Essex.

The business was established by our clients in 2022, building up an excellent reputation during its time of trading.

The Malt Peri Peri has now come to the open market due to our clients desires for a change of direction.

The Malt Peri Peri is a traditional takeaway shop, with 20% either eat in or takeaway and 80% delivery.

The sale of the business will include 10 delivery brands and the company website. The business enjoys great visibility online with impressive reviews.

The brands are visable on delivery platforms such as Deliveroo, Foodhub, Uber Eat.

Key selling points -

• A well established business with a burgeoning reputation and many regular customers


• Prime trading position close to pubs and nightclubs and thus benefitting from good footfall


• Low running costs with inexpensive rent and no business rates


• Current owners happy to offer a handover to ensure the continued success of the business


• Ideal owner managed


• The sale will include up to ten delivery brands

Scope for further growth -

• Advertising and Marketing campaign. A local leaflet drop usually yields good results


• Maximise the use of social media


• Extend the opening hours


• Invest in seo & ppc to drive new customers to the business

Location
The Malt Peri Peri is located on Church Walk, in the city centre of Colchester.

The business is well presented and maintained with clear signage, receiving good levels of footfall and passing trade.

The business is in close proximity to a number of bars and bars.

Premises
The business occupies two retail / industrial units ideally suited to the trade.

Unit 1 has a comprehensively equipped catering kitchen whilst Unit 2 has a long takeaway counter, a good sized seating area and customer toilets.

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 5 year lease. The rent is £600 per month.

Hours
The current trading hours are -

Monday to Sunday - 5:00pm - 12:00am

Delivery hours are 5:00pm - 11:45pm

Staff
We are advised that the business is owner run and managed.

Financial Profile
Further financials can be made available upon request.