Pizza & Chicken Shop in Stanford-Le-Hope For Sale

Situated in a parade, excellent High Street trading position, office and commercial area, ESSEX STANFORD-LE-HOPE

Turnover £ 3,750
Price £38,000

Features

Fast Food Takeaway Specialising In Pizza, Fried Chicken & Burgers

5 STAR HYGIENE RATING

SINGLE FRONTED PREMISES in the region of 265 ft². Tiled floor, suspended ceiling, spotlighting. Menu board. Sales counter, electric cash register, soft drinks fridge.

OPEN PLAN KITCHEN. Stainless steel extractor, double deck electric pizza oven, doner machine, double basket deep fryer, Henny Penny chickebnt fryer, microwave, hot display cabinet, hotplate, 2 large single door fridges, 2 chest freezers, additional freezer, pizza making table with topping bins, dough roller, dough mixer, double sink and drainer.

Storeroom

Staff toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,750 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 2 full time staff plus the assistance of 3 part time staff & 2 drivers. We are informed the wage bill averages £1,500 p.w. approx.

Trading Hours

6 Day week
MONDAY - SATURDAY 11.30 a.m - 10 p.m
CLOSED SUNDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2018 with reviews every 3 years (next review 2024) at a current rent of £9,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £38,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote