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3 Branded (National) Fast/Convenience Food Outlets

Ref. AC360

Location : Northern Ireland

Asking Price : O/A £240,000 Inc. Stock+Net Asst

Turnover : £701,979

Net Profit : £11,076

Gross Profit : £456,430

EBITDA : £72,000

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Asking Price: O/A £240K. Inc. Stock + Amount Equivalent to Net Asset.

Premises: Leasehold.

Turnover: £701,979 (2018)
Net Profit: £11,076 (2018)
Gross Profit: £456,430 (2018)
EBITDA: Circa. £72,000

Asking price includes:

Gross Turnover circa £701,979 (2018)
Gross Profit circa £456,430 (2018)
Fixtures and fittings
Established customer base
Busy and popular locations
Significant Goodwill/brand recognition.

Introduction:

Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of 3 national fast food outlets of a well-known brand. (May be sold in totality or in lots to suit).

Business Profile

Chain of 3 branded (national) fast food outlets- established circa. 13, 12 and 2 years ago respectively. The businesses for sale benefit from significant brand recognition and attendant repeat custom.

Equipment:

Shops branded, fully fitted/equipped for current use.

Key strengths:

Well recognised brand/good trading name
Prime locations
Long-established
Trained staff

Key Opportunities:

Opportunity for purchaser to acquire 3 profitable fast food outlet businesses which will require minimal training upon handover and should provide immediate positive cash flow.

There may be space for further expansion and growth, e.g. extended opening hours, more localised advertising, etc.

Asking Price:

Offers around £240,000.

Advertising and Marketing:

Discount vouchers
National advertising carried out for brand
Brand website
Household name

Growth and Expansion:

The company may grow further/increase profitability by extending opening hours (say to 9pm).
Delivery is currently being tested.

Proposed: A new website and remote ordering may also stimulate further growth.

Premises:

Leasehold
Mains water and electric
Shuttered
Alarmed
Security cameras

Business Hours:

Shop 1:

Monday – Friday: 7am – 7pm.
Saturday: 8am – 7pm.
Sunday: 9am – 6pm.

Shop 2:

Monday – Friday: 7am – 7pm.
Saturday: 8am – 7pm.
Sunday: 9am – 6pm.

Shop 3:

Monday – Friday: 7.30am – 7pm.
Saturday: 8am – 7pm.
Sunday: 9.30am – 6pm.

Security:

All shops with alarms, cameras and shutters.

Employees:

2 owners both employed full-time in business and with overlapping duties.
1 full-time manager
7 full-time (35+ hours per week)
4 part-time staff

Support and Training:

The vendors would be happy to stay and hand-over and are happy to provide training for an agreed handover period.

Reason for Sale:

Business partners have decided to go their separate ways.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk