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Very Popular Noodle Bar In London

Camden, Greater London

Asking Price £149,000 +SAV
Turnover £160,000

Business overview

Wok & Go is a rapidly expanding Asian fast food chain, and provides Malaysian, Thai, Chinese and Japanese cuisines as a healthy option to eat in, take away or to be delivered.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum
  • Reason for sale

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Business description

If you are looking for a high-value investment opportunity, Wok&Go fills this niche with its healthy fast casual concept.

The business is fully staffed, well managed store, with a loyal and well motivated team. It has an excellent reputation and a steadily growing client base. Trendy interior with modern design. Targeting millenniums, families, offices and tourists too.

Wok&Go has an outstanding unique concept and values, which make the business successful. Its attractiveness unites several key growth drivers: Selling a product which is well known as healthy food; it is built on a great business system and model; it is a delivery "hub" for UberEat and Deliveroo; dominator in the noodle market niche; powerful national marketing campaigns;

This is the first store in London so far and if the potential buyer intends to expand with more locations, the franchisor could provide further support and assistance. Unique opportunity for the London market.

Our business advantage and strength are that we have developed the most efficient cost of sales system, which eliminates any wastage and optimises the portion control and this reflects to very low cost of sales figures.

* Profit & Loss Report - 2018 - attached
* Sales Projections - 2019 - attached
* The Lease - attached
* Fittings and Fixture List - attached

Another plus for this business is that you don't have to have any restaurant or catering experience - full training will be provided - which includes Wok&Go manual, food & safety management, food quality and portion control, heath & safety requirements, suppliers, staff schedules, budgets and the most important - great customer experience.

The property is full refurbished. There are two entrances, two floor seating area, office, storage. Approximately 1285 sq. ft. The lower floor could be given as a venue room for different events /parties, birthdays, meetings/ - additional source of revenue .
On the prime floor is the open kitchen and this is a fantastic attraction for the customers to see and enjoy the cooking.
The property is in excellent condition - laminate floor, heating system, fire and emergency light installations, extraction system and fittings, CCTV.
At present is run as take away and eat in. There is potential to be developed further.
In a wide range there is not direct competitor to our product and concept, which contributes our customers to come back again and again.
Operating hours: Monday-Sunday, 12:00-22:30, but could be expanded from earlier and later. There is always demand for food in the area.

The property is full A3 licensed and has also alcohol licence.

***Could be sold also as premium (for a new concept).

Must be viewed!

Business location

The location is the recipe for a successful business.
Considering the great benefits of the property - corner location, is an ability to identify huge commercial opportunities in the area.
This premises has a strategic business location. Its value is growing steadily.
It is between Jubilee Line station and Overground station. 1 min walk from O2 Shopping Centre.
Address: 291 Finchley, NW3 6ND, London.

Sector specific information

  • Number of covers
  • Opening hours
  • License held

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