Business
Please quote reference B07451
CoGoGo are delighted to welcome to the market Five Lads, a highly rated restaurant franchise opportunity in Slough, Berkshire.
The business was first established by our client in 2021, building up an excellent reputation and regular client base during its short time of trading. As seen by the many online reviews and ratings, the business is extremely popular within the local community.
This business opportunity as now come to the open market due to our clients desire to move on.
Five Lads is restaurant franchise opportunity uses the finest fresh ingredients to ensure the quality is consistent every time. Together with their signature Peri Peri chicken, marinated in their secret recipe along with a choice of Gourmet burgers, there is something for everyone.
Key selling points –
Scope for further growth –
Location
Five Lads is located on Farnham Road in Slough, Berkshire.
The business has attractive eye catching signage, receiving high levels of footfall and passing trade.
Premises
Upon entrance is the main service area with seating for 20+.
Counter with til systems and large menu boards.
Rear kitchen and preparation area fully fitted stainless steel worktops and equipment.
Easy clean flooring and wall coverings/
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 20 year lease, with a 10 year break clause. The current rent is £29,000 per annum.
Hours
The current trading hours are –
Monday to Sunday – 11:30 – 23:30
Staff
We are advised that the business has 4 full-time and 3 part-time staff members.
Financial Profile
We are advised as per the 2023 accounts (11 months), the business generated a turnover in the region of £300,000 and the kit is £170,000. Further financials can be made available upon request.
£230,000
Business, Food Service Businesses, Restaurants,Restaurants
Restaurants
£300,000
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