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A Pan Asian Wok Based Takeaway

£48 000 - £72 000  
  • Form
    Sale established business
  • Activity:
    Running
  • Revenue (per month):
    £22 000
  • Established in:
    2020 (established 2)
  • Type
    Owner
GB443300
13.04.2022 at 10:43   Relevance check: 13.04.2022

You can confirm information provided by the seller in this listing through:

Business description

Hi there,

I'm interested in selling my business.

Can you please contact me via email to understand the process and associated costs?

Rgds,

(Summary below)

Chop & Wok is a Pan-Asian, wok-based noodle bar concept that's been established for over 12 years. Cooked in a live ‘food theatre’ where all cooking is visible, the food is served in a striking electric-coloured customer area. It appeals to both lunchtime and evening diners, and encompasses Chinese, Thai, Malay, Japanese and Indian flavours. The Wolverhampton branch which is one of 11 stores based in the Midlands and is currently for sale as the owner has business priorities elsewhere.

Established since March 2020, the shop is in perfect working order and is currently operating strong weekly sales via online orders and third party vendors like Just Eat, Uber and Deliveroo. Fully furnished and all equipment in perfect working order. The shop is based very close to the city centre, (Chapel Ash) The store is located on a very busy road, with colleges, universities, offices and businesses all located within its vicinity.

Store Summary
- Established for over 2 years
- Strong weekly sales
- Strong customer retention and satisfaction
- 8 years remaining on lease
- No business rates
- No service charges
- Low priced rent
- Low utilities cost
- Low Franchise Fee
- All inventory and stock is delivered to store
- Full onboarding, training and management support offered by Chop & Wok, Management Team

Proven and profitable food franchise concept. An incredible opportunity…

  • Business Features:
    • With tangible assets
    • Chain
  • Units:
    Operating business, Premises (buildings), Tangible assets, Other assets, Training and support

Geography and location

Transaction terms

  • Price:
    £48 000 - £72 000

Financial information

Monthly averages:

  • Revenue (per month):
    £22 000

Ratio:

  • Price/Revenue:
    0.23x

Corporate issues

  • Legal form:
    Private company
  • Number of owners:
    1

Contact the seller

Please be as specific as possible. The seller usually wants to know:
- How do you intend to purchase the business or asset?
- What is your time frame for the purchase?
- What is your experience?

Contact the seller

  • Type:
    Owner

Contact the seller

Please be as specific as possible. The seller usually wants to know:
- How do you intend to purchase the business or asset?
- What is your time frame for the purchase?
- What is your experience?

Contact the seller


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