£52,000

Retail premises for sale

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Just added
Business

£52,000

Retail premises for sale

Tamworth, England, United Kingdom B78

Local area information

Property location

Nearby amenities

  • Millfield Primary School 0.7 miles
  • Two Gates Community Primary School 0.8 miles
  • Tamworth 1.1 miles
  • Wilnecote (Staffs) 1.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Tamworth to find out more about the local area.

Features and description

Business
Please quote reference B08253

Cogogo are delighted to welcome to the market a fantastic opportunity to acquire a well-established and highly regarded Chinese takeaway business, Simply Chinese, located in a prime area of Tamworth.

This profitable business is now up for sale due to family commitments, presenting the perfect chance for an enthusiastic new owner to take over and potentially expand.

Simply Chinese has been a staple of the local community, offering a wide range of popular Chinese cuisine, including Chop Suey dishes, Chow Mein, Fried Rice, Egg Foo Yung, various beef and chicken dishes and much more. The business benefits from strong repeat custom, high footfall and substantial passing trade, making it a great investment.

Key Features:


  • Established Business: A well-known takeaway with a loyal customer base, providing consistent profits.
  • Prime Location: Situated in a bustling area of Tamworth, ensuring a steady stream of walk-in customers and delivery orders. The business sees high foot traffic and benefits from significant passing trade from nearby residents and visitors.
  • Fully Equipped Kitchen: The premises includes a fully fitted kitchen, allowing the new owner to continue running it as a Chinese takeaway or convert it to any other type of food-related business.
  • Accommodation: A two-bedroom accommodation located above the takeaway is included, providing a convenient living space for the owner or an additional income opportunity if rented out separately.

Business Growth Potential:


  • Extend Operating Hours: Simply Chinese currently operates within standard takeaway hours. By extending opening hours, particularly during lunch or late evenings, there is potential to attract more customers and increase revenue.
  • Expand the Menu: Introduce new dishes or diversify the cuisine. Whether adding healthy or vegetarian options, popular fusion items, or even integrating other cuisines like Thai or Vietnamese, the potential to broaden the customer base is significant.
  • Increase Delivery Radius: Partnering with more food delivery platforms (such as UberEats, Deliveroo, or Just Eat) and expanding the delivery radius could significantly boost online orders. Additionally, investing in a dedicated delivery driver could streamline operations and improve customer satisfaction.
  • Develop an Online Presence: Enhancing the business's online presence, creating a user-friendly website, and improving social media marketing can help reach new customers and drive engagement. Online Promotions, loyalty programs, or special discount days could further boost sales.
  • Catering Services: Expand into catering for local events, parties, or corporate functions. This would not only increase revenue but also heighten the visibility of the business within the community.
  • Interior Refurbishments: With some investment, the interior of the takeaway could be modernised to create a more appealing and welcoming environment, potentially attracting more dine-in customers.

Simply Chinese is a profitable and well-located takeaway business with huge potential for growth. Whether you're an experienced operator looking to expand or a first-time business owner, this is a rare chance to acquire a successful business in a busy part of Tamworth. The inclusion of on-site accommodation makes it an attractive proposition for those seeking both a business and a home.

Don't miss out on this excellent opportunity - contact Cogogo today to arrange a viewing and learn more!

Location
Located in a busy part of Tamworth, the business enjoys a consistent flow of walk-in customers an delivery orders. It experiences heavy foot traffic and gains considerable passing trade from both local residents and visitors to the area.

Premises
The two-bedroom flat above the takeaway provides the ideal living situation for an owner-operator. Alternatively, it could be rented out to tenants for additional income. This accommodation is a valuable asset in today's competitive market, where convenience is key.

Simply Chinese comes with a fully fitted kitchen, complete with all necessary catering equipment. The premises is ready for immediate operation, with the buyer having the option to maintain the current menu or explore other food concepts.

Tenure
This business is being sold on a Leasehold basis with a new 20 year lease in place.

The current rent is £5,500 per month.

Hours
The current operating hours are:

Monday - 5:30pm to 9:30pm

Tuesday - Closed

Wednesday & Thursday - 5:30pm to 9:30pm

Friday & Saturday - 5:00pm to 9:30pm

Sunday - 5:30pm to 9:30pm

Staff
The business is run and managed by our client with the help of 2 staff members.

Financial Profile
This business generated a turnover of £104,000. Full financials can be made available upon further request.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Tamworth
  5. Fazeley Road