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Reference R1898
Situated in a parade, excellent main road trading position, residential, office and commercial area, SURREY. EPSOM
Turnover £ 9,500
Price
£145,000
Features
Franchise Pizza Shop
5 STAR HYGIENE RATING
The franchise offers expansion within the shop such as adding desserts, burgers, chicken wings to increase turnover.
DOUBLE FRONTED PREMISES in the region of 840 ft² with ALARM. CCTV (6 cameras). Laminate flooring, suspended ceiling with concealed lighting. Customer waiting area, seating 6 persons. Menu boards. Sales counter, EPOS register, computerised ordering system, Ben & Jerrys freezer, Red Bull fridge, Coca Cola fridge.
SEPARATE KITCHEN. Non-slip industrial flooring, panel lights, fully tiled.
Stainless steel extractor. 32” Pizza conveyer oven, microwave, 3 pizza making tables, 2 dough mixers, 2 dough rollers, chest freezer, double sink and drainer.
Walk-in cold room
walk-in freezer
Staff cloakroom with toilet and wash hand basin
Store room / office
Turnover
Amazing busy shop with sales of £9,000/£10,000 p.w. Gross profit 60%. In our opinion the business offers terrific potential for further increase.
Staff
The business is at present staff operated with 2 full time staff plus the assistance of 3 part time staff plus a total of 6 drivers. We are informed the wage bill averages £2,400 p.w. approx.
Trading Hours
7 Day week
MONDAY - WEDNESDAY - 11 a.m - 11 p.m
THURSDAY - 11 a.m. - 1 a.m
FRIDAY & SATURDAY - 11 a.m. - 3 a.m
SUNDAY 11 am - 11pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE sub lease from the Franchise Company granted for 20 years in 2010 with reviews every 5 years (next review 2025) at a current rent of £20,000 p.a. We further understand the Franchise Company is prepared to consider the sale of the head lease, same terms as above.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016
Price
TO INCLUDE THE SECURE RENEWABLE SUB-LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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