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Multi-unit burger and fries take-out

Reference
S11359
Turnover
£1m to £2m
Sector(s)
Food & drink, Hotels & restaurants
Region(s)
South East England, UK Wide
Added
01 February 2024

Business description

Please quote reference number B07558.

A long-established business specialised in selling quality burger and fries. Their offer appeals to a wide variety of customers across demographics and has resulted in a loyal clientele and repeat business. After achieving considerable success after success at local, regional and national level, the company is in an optimal position to expand.

The business opened doors in 2014, accumulating numerous successes year-on-year to the present day.

Over the past decade, the business has evolved to its current position as a well-established burger & fries dining operating from multiple locations, almost doubling its turnover from 2021 to 2023.

Since foundation, they have built a strong customer base at both local and to some extent regional level, with their great reputation and quality offer translating into a strong 40%+ repeat business rate.

Thanks to their varied offer, they appeal to a variety of customers across demographics (with 20-25 y.o. in pole position), and remain a popular establishment for both local and regional diners years after their inception.

Specialising in high-quality burgers, they use the best available ingredients and produce their own beverages in-house, a commitment to authenticity and the ‘Better Burger’ revolution that has granted them top spots across platforms such as JustEat and Hungryhouse (HungryHouse back in 2014/2015/2016) for many years.

Benefiting from the buoyancy of the market, the company is in an ideal position to keep growing, with significant scope to expand in both existing (food delivery) and new markets (fast dining, supermarkets, home kits) as far as national or international level, depending on the desire of the prospective purchasers.

From the buyer’s perspective, the business is in the optimal position to grow, having all the assets and elements in place to succeed under new ownership.

The business has several capabilities and assets to stand out from its competitors and attract the prospective purchaser, including:

Excellent reputation, with a long and fruitful trading history.

A decade of historical data, multiple awards and convenient geographical indication.

Appealing to a large audience across demographics, from students and young people to families, couples and elderly clients.

A healthy financial profile, with a projected turnover of £1,400,000 in 2023.

Reliable stream of income and very loyal customer base, with approximately 40% repeat business and thousands of active clients at present.

Potential to grow with a very low risk of vulnerability to any partner or stakeholders.

Excellent opportunity to expand within a booming market

Opportunities -

  • Opportunity to expand into new and existing markets.
  • Expand size and scope of business at national/intl level.
  • Implement new marketing strategies.

Highlights

  • Long trading history and experience.
  • Steady repeat business and rapidly growing sale.
  • Diverse, loyal and strong clientele.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 739,039 171,964
2021 (Actual) 790,445 137,391
2022 (Forecast) 1,000,000 300,000
2023 (Forecast) 1,400,000 420,000

Opportunities

  • Opportunity to expand into new and existing markets.
  • Expand size and scope of business at national/intl level. 
  • Implement new marketing strategies.

Prospective purchasers

  • 100% share capital.
  • Parties to sign an NDA.

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