For Sale
FOR SALE: ESTABLISHED ASIAN TAKEAWAY / RESTAURANT BUSINESS THOUSANDS OF CUSTOMERS | PRIME CITY LOCATION | 22-YEAR LEASE | LOW OVERHEADS | £100K+ FIT-OUT
London, City of London
- Asking Price: £100,000 +SAV
-
Turnover:
We are advised on the following:
- Weekly tuurnover: £5,000+ and growing
- Rent: £2,000 pcm (£24,000 PA)
- Insurance: approx. £4,000 PA
- Zero business rates
- Excellent potential to scale via delivery and branding
- Total investments: £250,000
- Tenure: Leasehold
- Uber Eats
- Deliveroo
- Just Eat
- Hungry Panda
- Ordit - Corporate and office food ordering
- Extending daily trading hours
- Introducing evening food service
- Expanding takeaway and delivery operations
- Developing additional corporate catering contracts
- Increasing kitchen and service staffing
- Introducing new menu options and promotional offers
- Capitalising on the surrounding office business community
- High-specification commercial Chinese cooking range with three front burners and two rear burners
- Commercial extraction hood and filtration system
- Six freezers operating at approximately -18 degrees
- Six refrigerators operating at approximately 4 degrees
- Three sinks
- Food service lift connecting the basement and ground floor
- Intercom system for efficient staff communication
- Two digital menu display screens
- Two large water-heating food-holding units for buffet service
- Food preparation counters and workspaces
- Dedicated storage and delivery packing facilities
- Access to ancillary facilities
CoGoGo is delighted to welcome to the market Keco Food, an established food and catering business situated in the heart of London's prestigious financial district, just a two-minute walk from Monument Station.
Trading for approximately four years, the business has built a loyal customer base as part of the wider operation, serving local office workers, international students and regular takeaway and delivery customers.
Located at 8 Botolph Alley, London EC3R 8DR, Keco Food benefits from an excellent central London position, offering an attractive opportunity for an experienced hospitality operator, investor or entrepreneur looking to establish or expand their presence in the capital.
The business specialises in food preparation, takeaway, buffet service and catering, supported by an extensive range of professional kitchen equipment and established online ordering arrangements.
One of the key attractions is the impressive commercial kitchen, which is equipped with a high-specification Chinese cooking range, commercial extraction system, extensive refrigeration and dedicated food preparation facilities.
Keco Food also benefits from established ordering arrangements with several major delivery and corporate catering platforms, including:
These platforms provide valuable opportunities to reach local customers, office workers and corporate clients, subject to the relevant providers approving the incoming operator.
Additional corporate catering platforms have previously been utilised but were paused following a temporary reduction in the food hygiene rating from 5 to 3 due to staffing shortages. The vendor advises that these could potentially be reactivated following improvements to the rating, subject to the platforms' requirements.
There is significant scope for further growth and expansion.
The business currently operates primarily during weekday lunchtime hours with a small team, presenting an excellent opportunity for an incoming owner to maximise its potential through:
The premises also benefit from existing alcohol licensing arrangements and outdoor dining arrangements, offering further opportunities to enhance the customer experience and diversify revenue streams, subject to the relevant permissions.
With its established trading history, extensive commercial kitchen facilities, multiple ordering channels and prime City location, Keco Food provides an attractive foundation for an incoming operator.
The business is offered for sale as the current owner wishes to focus on cultural publishing, education and charitable activities.
Early enquiries and viewings are highly recommended to fully appreciate the opportunity on offer.
Keco Food occupies a desirable position at 8 Botolph Alley, London EC3R 8DR, in the heart of the City of London's busy financial district.
Located approximately a two-minute walk from Monument Station, the business benefits from excellent transport connections and convenient access for the surrounding working population.
The area is home to numerous offices, financial institutions and commercial premises, providing a substantial potential customer base for lunchtime dining, takeaway orders and corporate catering.
Its central location also offers excellent opportunities to develop evening trading and further delivery services.
Keco Food operates from commercial premises forming part of a larger property extending to approximately 93 square metres across two levels.
The food operation benefits from a substantial professional kitchen, food service facilities, preparation areas and storage accommodation.
Kitchen equipment and facilities include:
The extensive equipment provides an excellent foundation for an incoming operator to continue the existing food business or explore alternative catering concepts.
The wider premises also incorporate a dedicated wellness treatment area, which was previously used for customer dining. This could potentially offer additional dining space in the future, subject to the relevant consents and availability.
