Takeaway for sale

Leasehold Modern Oriental Takeaway Located in Beeston, Nottingham
Established Brand With Full IP
Scalable Business Model
High Turnover
Strong Customer Base
Ref 3039

Asking Price £99,995 plus SAV £2,000

Location
This modern, ready-to-operate takeaway is situated on the A52 Derby Road in Beeston, a lively and fast growing suburb of Nottingham. Beeston is well regarded for its diverse community and excellent local amenities, offering an ideal blend of urban convenience and suburban charm. The area boasts an array of independent shops, cafés, and restaurants, along with a thriving high street and easy access to larger retail parks. Popular with families and professionals alike, Beeston's appeal is enhanced by its proximity to the University of Nottingham, good schools, and excellent transport links. The takeaway is conveniently located just (4 miles) from Nottingham city centre and Junction 25 of the M1.

Business Description
Veritas Business Sales are delighted to offer for sale this exciting opportunity to acquire Chao Chao, a well established and thriving Asian street food business located in Beeston, Nottingham. Established in 2018, the business has been transformed into the successful operation you see today by the current owners, who are now offering the business for sale to focus on their core food manufacturing operation. The current owners completely gutted and remodelled the premises, investing in high quality kitchen equipment and integrated point-of-sale systems. The business is fully equipped, and all fixtures and fittings are included in the sale price, meaning the new owner will not need to make further investment for the foreseeable future. Additionally, the sale includes full ownership of the Chao Chao brand and intellectual property (IP), including its trademarked name, logo, recipes, and marketing materials.
The business has built a loyal following, supported by over 42,000 email subscribers and 5,700 social media followers. The business's eco-conscious ethos, including the use of biodegradable packaging and sustainable practices, plays a key role in its success and popularity.
Chao Chao is currently operated by a team of 3 full time managers, 4 part time staff, and 4 delivery drivers and generates a solid average weekly turnover of £7,500 (net of VAT), with detailed financials available upon request. The business has earned a strong reputation for its healthier and eco friendly approach to Asian street food. Popular dishes such as Korean Chicken Wings, BBQ Pork Belly Bao Buns, and Malaysian Street Food Curry have helped attract a loyal customer base, catering to a wide range of dietary needs, including vegan and gluten free options.
There is considerable potential to further increase revenue by utilising the first floor dark kitchen, which is currently unused but fully fitted, providing an opportunity to expand the existing menu or introduce another cuisine. The business also has significant room to grow by extending the current opening hours and expanding its delivery reach through platforms such as Uber Eats and Deliveroo etc. This scalable business model ensures that new franchise locations can be easily replicated, using the established systems, menu, and brand identity. The business's fully developed branding, trademarked logo, exclusive recipes, and streamlined point-of-sale (POS) systems make it a turnkey franchise opportunity.
This is a fantastic turnkey business opportunity, where all the groundwork has been completed, allowing the new owner to continue trading from day one and as such, an early viewing is highly recommended, as this well regarded business is competitively priced to sell.

Opening Times
Sunday - Thursday - 17:00 - 22:00
Friday & Saturday - 16:00 - 22:00

Leasehold
Lease Term 10 Years
Remaining: 6 Years
Rent: £19,000 per annum
Business Rates: £998.00 per annum

Ground Floor
Service area comprising: vinal wooden flooring, bespoke serve over sales counter, 55-inch window facing dual view digital display, single door upright glass fronted bottle cooler, EPOS till, touchscreen PC, and printer.
Kitchen comprising: order monitor TV, a 3 tier heated gantry, a 6 drawer pizza prep fridge, an aluminium glazed vision panel next to the wok, a Fiesta recyclable microwave, 3 x fly killers, 2 x gas wok burners, a mobile wet well bain-marie/hot cupboard, an Opus pasta blancher, 3 x Opus single tank electric fryers, 2 x Opus twin tank electric fryers, 2 x Rational 6 grid combi pro ovens, a stainless steel toaster, a tabletop bain-marie wet well unit, True 2 drawer undercounter freezer, 2 x True 2 drawer undercounter fridges, 2 x True 6 drawer undercounter fridges, a walk-in cold room, a walk-in freezer room, a wall mounted extract canopy, 2 x handwash basins with wall mounted paper towels and soap dispensers, plastic bins, cooking utensils and pans etc. Fire Exit at the end of the kitchen leading to the rear yard and a side door leading to the hallway.
Hallway leading to the chemical cleaning stores room, commercial cleaning sink stairs to first floor and UPVC glass door to the side of the building.
First Floor
Landing with doors leading to the office, prep kitchen, dark kitchen and stores.
W/C's unisex toilet with handwash basin, wall mounted handwash and paper towel dispenser.
Office comprising: vokera gas boiler, electric portable radiator, desk, office chair, desktop computer + printer, wall and mounted shelves.
Prep kitchen comprising: 2 x True tall stainless steel upright fridges, stainless steel work tops with under storage, double commercial sinks, handwash basin with wall mounted soap dispenser, wall mounted paper towel dispenser.
Dark kitchen comprising: 3 tier heated gantry, True stainless steel tall fridge, stainless steel worktop with under storage, label printer, a mobile wet well bain-marie/hot cupboard, extraction canopy, Opus pasta blancher, 3 x Lincat pasta boiler quarter right hand basket, Rational 6 grid combi pro oven, commercial wall mounted stainless steel toaster, commercial sink and handwash basin with wall mounted soap dispenser and wall mounted towel dispenser.
Storeroom comprising: dumb waiter down to main kitchen area and 2 x 4 tier stainless steel racking.

External
To the rear leading from the main kitchen is a large bins area and to the front is ample car parking for staff and customers.
The property benefits from double glazing and gas central heating

EPC Rating: D