Restaurant/cafe for sale in London, England, United Kingdom SW16

£99,995
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Restaurant/cafe for sale

Property description

Business
Please quote reference B07911

CoGoGo are happy to welcome to the market ek peri peri ltd T/A Peri Peri - Streatham Vale, a highly rated Peri peri chicken restaurant/takeaway in the Streatham Vale area of South West London.

The business was first established by our client in 2019, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews on Google, the takeaway is extremely popular within the area.

Peri Peri - Streatham Vale has now come to the market as our client is looking to relocate overseas.

This is a traditional Peri Peri Chicken shop that also offers Fish dishes, Kebabs and Veggie options. They have a great range of chicken dishes, with everything being freshly made to order.

The business allows customers to either eat in, get a collection or have it delivered via Just Eat and Uber Eats.

Key selling points -


  • Excellent reputation

  • Busy trading location

  • Highly rated

  • Fantastic online ratings and reviews - 4.5 rating with over 80 reviews on Google


Scope for further growth -


  • Increase advertising and marketing

  • Develop a business website

  • Explore social media

  • Increase the delivery radius

  • Extend trading hours



Location
ek peri peri ltd T/A Peri Peri - Streatham Vale is located on Streatham Vale, in South West London.

The business is located on a main road and receives high levels of footfall and passing trade.

Premises

  • Double fronted premises with external seating

  • Open plan service area with fixed seating, tables and chairs

  • Large menu boards

  • Commercial kitchen to the rear of the service area

  • Store Room

  • WC



Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 30 year lease (lease started 2018). The rent is £1,600 per month.

Hours
The current trading hours are -

Monday to Sunday - 12:00pm - 11:00pm

Staff
We are advised that the business is run and managed by our client, with the help of 3 staff members.

Financial Profile
We are advised as per the 2023/2024 accounts, the business generated a turnover in the region of £150,000. 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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