Pizza Franchise & Grill Restaurant in Leyton For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, EAST LONDON LEYTON

Turnover £ 4,500
Price £75,000

Features

Pizza Shop and Grill House

NEWLY FITTED 2020

DOUBLE FRONTED PREMISES in the region of 1,100 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED lights. Tables and chairs providing seating for 20 persons. 2 sales counters, 2 EPOS tills, milkshake machine. CCTV system (16 cameras, 1 monitor)

PIZZA AREA. 2 x refrigerated making tables, cutting table, stainless steel preparation table, Italian pizza oven, glass fronted upright 2 drinks display fridge.

KITCHEN. Stainless steel extractor unit, stainless steel double door fridge, dough mixer, deep freeze, meat slicer

GRILL AREA. Stainless steel extractor unit, 4 burner grill, 4 burner griddle, 2-pan deep fryer, cool display counter with refrigerated storage section, hot cupboard, 2 marble topped fridges.

KITCHEN. Stainless steel extractor unit, Rational oven, 6-burner gas cooker, sink.

Stockroom

Toilet with w.c. and wash hand basin

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a gross profit of 65% approx. (60% DELIVERIES via online Portals).

Staff

The business is at present operated by 2 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 10 p.m

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Parking space for 2 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £27,000 p.a. We are advised, should it be required, the Landlord is prepared to grant a new lease to an approved applicant.

Business Rates from April 2022 £3,000 approx. (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.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote