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Established Fast Food Business

$282 075  
  • Form
    Sale established business
  • Activity:
    Running
  • Established (years):
    5
  • Type
    Owner
IE132380
28.08.2017 at 06:44   

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

Business description

Excellent business opportunity to acquire a trading fast food business located in the busy suburb on the southside of cork city. the business was established in 2011 and since then it has built up a strong customer base which is continuing to increase month on month. the latest reported financial figures indicate a turnover of in excess of 305,000 per annum excluding vat. the business is situated at the centre of a large residential catchment area and in close proximity to a number of large business parks with high workforce numbers. the premises were fitted out to an extremely high specification by unique fit-out in 2011. the property is fully compliant with building regulations and is in an excellent state of repair. the property also benefits from off-street car parking. there are 6 years remaining on the original 10 year lease signed by the owner. the rent is fixed at €16,000 per annum for the remainder of the current lease. there is an option to renew on the expiration of the current lease agreement. the rates payable are currently €2,847 per annum.

  • Food
  • Street and fast food
  • Fish And Chip
  • Category of the asset:
    Fish And Chip
  • Units:
    Operating business, Staff, Tangible assets

Geography and location

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Transaction terms

  • Price:
    $282 075

Corporate issues

  • Number of owners:
    1
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