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WE ARE INFORMED the turnover averages £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand that approx. 40% of the turnover is in respect of collection and 60% in respect of delivery). Gross profit 72% approx. Please note the purchase of the business is subject to entering into a Franchise Agreement and we understand the present charge is £50 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£1,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Single fronted Catering Premises with ceramic tiled floor, suspended ceiling and concealed lighting. The business is equipped to a very high standard. The equipment includes Zanolli 2-deck gas pizza oven (2 conveyor belts), stainless steel extractor, 3-door refrigerated making table with marble top, 3 computerised stations with printer for orders, upright glass fronted drinks fridge (on loan), Haagen Daza ice cream deep freeze.
Rear section with Euroqup large mixer, stainless steel table, sink and drainer, walk-in coldroom, stainless steel upright deep freeze.
Stairs to basement with 2 chest deep freezes
Staff
The business is at present operated by 2 partners with the assistance of 1 full time and 2 part time drivers. Wages paid in the region of £350 p.w.
The accommodation situated on the first floor comprises:
1 Double Bedroom
Lounge
Large cloakroom with w.c. and wash hand basin (it will be appreciated upon inspection that there is ample space in the large cloakroom for a shower to be installed).
Outside
Garden (overgrown)
Tenure
We understand the premises are held on a secure renewable lease having approx. 12½ years unexpired at a rental of £8,000 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £850 p.a. approx. (after small business relief) + water rates (metered)