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Unique and Popular BBQ Smokehouse Takeaway

Ref. AF178

Location : Belfast

Asking Price : £97,500

Turnover : £300,000

Net Profit : Undeclared

Gross Profit : £125,000

EBITDA : Undeclared

Net Asset : £80,000

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Leasehold

Asking price includes:

Turnover circa - c£300k
Gross Profit circa - c£125k
All new equipment purchased 4 years ago c£80k

Business Profile

Established in 2013, this popular BBQ smokehouse is well-known for their authentic deep south dishes. The food ranges from burgers and sandwiches to dry rubbed ribs smoked over hickory wood. The business currently trades as a takeaway, as well as offering a delivery service. The vendor founded the business having already had extensive experience in the wholesale food trade sector. The vendor uses high end quality produce and smokes the meat on the premises.

The business trades in well situated high street area in a leased premises. The building consists of a well equipped kitchen, walk in cool room, staff facilities, serve over counter and a public waiting area. The annual rent is c£1,500 per month and rates are c£500 per month.

The business enjoys high levels of repeat business and strong word of mouth recommendations. The business has an attractive website and Facebook site.

There are currently 3 full-time chefs, 2 cashiers and 4/5 drivers. The vendor takes a hands-on approach and is involved in the daily running of the business.

The business hours are currently:

Monday – Thursday 12:00 – 22:00

Friday 13:00 – 23:00

Saturday 13:00 – 23:00

Sunday 13:00 – 22:00

Key Considerations:

• Unique smokehouse takeaway
• Well maintained equipment
• Excellent high-street location
• Popular menu
• Well-branded
• Great potential to expand the services
• No local competition
• Advertising via Facebook
• NOT vendor dependant

Financial Information:

Turnover circa - c£300k
Gross Profit circa - c£125k
All new equipment purchased 4 years ago c£80k

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Asking Price:

The business is for sale for £97,500to include the Goodwill and equipment.

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.

All enquiries or requests for additional information should be submitted or directed to Turner Butler. e-mail: sales@turnerbutler.co.uk telephone Head Office: 01895 256000

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 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk